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ER - Brockhaus Technologies AG: Preliminary revenue for 2024 at 205 million (+10% vs. 2023, -7% vs. forecast) and adjusted EBITDA at 66 million (+7% vs. 2023, -17% vs. forecast)

Company: Brockhaus Technologies AG Date: 2025-03-08 Language: English Register to download

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 News Details 

Ad-hoc | 7 March 2025 21:14

#   

Brockhaus Technologies AG: Preliminary revenue for 2024 at €205 million (+10% vs. 2023, -7% vs. forecast) and adjusted EBITDA at €66 million (+7% vs. 2023, -17% vs. forecast)

Brockhaus Technologies AG / Key word(s): Preliminary Results/Profit Warning  

Brockhaus Technologies AG: Preliminary revenue for 2024 at €205 million (+10% vs. 2023, -7% vs. forecast) and adjusted EBITDA at €66 million (+7% vs. 2023, -17% vs. forecast)  

  

07-March-2025 / 21:14 CET/CEST  

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group.  

The issuer is solely responsible for the content of this announcement.  

  

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**Brockhaus Technologies AG: Preliminary revenue for 2024 at €205 million (+10% vs. 2023, -7% vs. forecast) and adjusted EBITDA at €66 million (+7% vs. 2023, -17% vs. forecast)**

Frankfurt am Main, March 7, 2025

Brockhaus Technologies AG (BKHT, ISIN: DE000A2GSU42, “Brockhaus Technologies”) achieved revenue of €205 million in fiscal year 2024, according to preliminary figures, representing purely organic growth of +10% compared to the same period last year (2023: €187 million). Adjusted EBITDA also increased by +7% to €66 million, corresponding to an adjusted EBITDA margin of 32.4% (2023: €62 million; 33.3% margin).

Both revenue and adjusted EBITDA are below the forecast ranges communicated in March 2024 for the fiscal year 2024, which were €220 million to €240 million revenue and €80 million to €90 million adjusted EBITDA.

In the fourth quarter, a key driver was initial ramp-up difficulties encountered by the newly established second-hand bicycle platform Bike2Future, which have since been resolved. This resulted in lower-than-expected revenue from the sale of previously leased bicycles and e-bikes in the resale business of the HR Benefit & Mobility Platform segment (Bikeleasing and Probonio). Additionally, customer-driven delivery postponements at IHSE led to below-plan revenue and earnings in the fourth quarter.

Despite the economically challenging situation, BKHT continues to expect organic revenue growth with high profitability for fiscal year 2025. However, in light of the preliminary financials for 2024, we are no longer maintaining our mid-term outlook for the fiscal year 2025, which was published in June 2023. A specific forecast for our fiscal year 2025 will, as usual, be published at the end of March 2025 as part of the annual report.

The financial figures stated in this disclosure are preliminary and unaudited. The 2024 annual report will be released on Friday, March 28, 2025. The FY 2024 earnings call is scheduled for the same day at 4:00 PM CET. The dial-in details for the call will be available shortly on our website [www.brockhaus-technologies.com](https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=962c4020fb29e82aea49334a8d8f78dd&application_id=2097516&site_id=airport_aws~~~7cc68db1-74de-43c8-af69-2ae0a97efdc3&application_name=news) under the Investor Relations section.

**Contact:**

Brockhaus Technologies – Florian Peter

Phone: +49 69 20 43 40 90

Fax: +49 69 20 43 40 971

Email: ir@brockhaus-technologies.com

  

  

End of Inside Information  

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07-March-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.  

Archive at www.eqs-news.com  

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|     |     |
| --- | --- |
| Language: | English |
| Company: | Brockhaus Technologies AG |
|     | Thurn-und-Taxis-Platz 6 |
|     | 60313 Frankfurt am Main |
|     | Germany |
| Phone: | +49 (0)69 2043 409 0 |
| Fax: | +49 (0)69 2043 409 71 |
| E-mail: | info@brockhaus-technologies.com |
| Internet: | https://www.brockhaus-technologies.com/ |
| ISIN: | DE000A2GSU42 |
| WKN: | A2GSU4 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2097516 |

  

|     |     |
| --- | --- |
|     |     |
| End of Announcement | EQS News Service |

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2097516  07-March-2025 CET/CEST

![fncls.ssp?fn=show_t_gif&application_id=2097516&application_name=news&site_id=airport_aws~~~7cc68db1-74de-43c8-af69-2ae0a97efdc3](https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=2097516&application_name=news&site_id=airport_aws~~~7cc68db1-74de-43c8-af69-2ae0a97efdc3)

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