공시 • Apr 06
Lechwerke AG announces Annual dividend, payable on May 19, 2025 Lechwerke AG announced Annual dividend of EUR 2.8000 per share payable on May 19, 2025, ex-date on May 15, 2025 and record date on May 16, 2025. 공시 • Apr 04
Lechwerke AG, Annual General Meeting, May 14, 2025 Lechwerke AG, Annual General Meeting, May 14, 2025, at 10:00 W. Europe Standard Time. Reported Earnings • Aug 22
First half 2024 earnings released First half 2024 results: Revenue: €586.9m (down 24% from 1H 2023). Net income: €69.4m (down 37% from 1H 2023). Profit margin: 12% (down from 14% in 1H 2023). The decrease in margin was driven by lower revenue. Upcoming Dividend • May 09
Upcoming dividend of €2.80 per share Eligible shareholders must have bought the stock before 16 May 2024. Payment date: 21 May 2024. Payout ratio is a comfortable 72% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.6%). Buy Or Sell Opportunity • Apr 03
Now 20% overvalued Over the last 90 days, the stock has fallen 11% to €71.50. The fair value is estimated to be €59.36, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years, while earnings per share has been flat. Reported Earnings • Mar 27
Full year 2023 earnings released Full year 2023 results: Revenue: €1.49b (down 36% from FY 2022). Net income: €137.0m (up €115.7m from FY 2022). Profit margin: 9.2% (up from 0.9% in FY 2022). The increase in margin was driven by lower expenses. New Risk • Mar 09
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.9% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Dividend is not well covered by earnings (465% payout ratio). Upcoming Dividend • May 19
Upcoming dividend of €2.80 per share at 2.7% yield Eligible shareholders must have bought the stock before 26 May 2023. Payment date: 30 May 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.9%). Reported Earnings • Mar 30
Full year 2022 earnings released Full year 2022 results: Revenue: €2.35b (up 53% from FY 2021). Net income: €21.4m (down 81% from FY 2021). Profit margin: 0.9% (down from 7.2% in FY 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 24
First half 2022 earnings released: EPS: €0 (vs €0 in 1H 2021) First half 2022 results: EPS: €0 (vs €0 in 1H 2021). Revenue: €1.04b (up 56% from 1H 2021). Net loss: €20.0m (down 146% from profit in 1H 2021). Upcoming Dividend • May 05
Upcoming dividend of €2.80 per share Eligible shareholders must have bought the stock before 12 May 2022. Payment date: 16 May 2022. Payout ratio is on the higher end at 89%, and the cash payout ratio is above 100%. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.1%). Lower than average of industry peers (4.1%). Reported Earnings • Aug 26
First half 2021 earnings released The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: €659.1m (down 4.4% from 1H 2020). Net income: €43.7m (up 156% from 1H 2020). Profit margin: 6.6% (up from 2.5% in 1H 2020). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • May 08
Investor sentiment improved over the past week After last week's 17% share price gain to €124, the stock trades at a trailing P/E ratio of 37.7x. Average trailing P/E is 13x in the Electric Utilities industry in Europe. Total returns to shareholders of 38% over the past three years. Upcoming Dividend • May 06
Upcoming dividend of €2.80 per share Eligible shareholders must have bought the stock before 13 May 2021. Payment date: 18 May 2021. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (3.7%). Is New 90 Day High Low • Feb 06
New 90-day low: €97.50 The company is down 2.0% from its price of €99.00 on 06 November 2020. The German market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 10.0% over the same period. Is New 90 Day High Low • Oct 29
New 90-day low: €95.00 The company is down 7.0% from its price of €102 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is down 3.0% over the same period. Is New 90 Day High Low • Oct 01
New 90-day low: €99.00 The company is down 3.0% from its price of €102 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is down 1.0% over the same period. 공시 • Aug 18
Lechwerke AG to Report First Half, 2020 Results on Aug 24, 2020 Lechwerke AG announced that they will report first half, 2020 results on Aug 24, 2020