Announcement • Apr 03
WashTec AG, Annual General Meeting, May 12, 2026 WashTec AG, Annual General Meeting, May 12, 2026, at 10:00 W. Europe Standard Time. Announcement • Nov 11
WashTec AG (XTRA:WSU) commences an Equity Buyback Plan, under the authorization approved on May 13, 20225. WashTec AG (XTRA:WSU) commences share repurchases on November 6, 2025, under the program mandated by shareholders in the Annual General Meeting held on May 13, 2025. As per the mandate, the company is authorized to repurchae its own shares such that the holding of its own shares does not exceed 10% of its issued share capital. The purpose of the authorization is to enable the company to have treasury shares available to offer as consideration when acquiring companies, parts of companies or interests in companies, to make use of treasury shares to service options issued in a stock option program to members of the Management Board, to members of the management of companies affiliated with the Company and to employees of the Company or of companies affiliated with the Company or to reduce share capital by cancelling the shares. The program will be valid till June 30, 2028.
On October 23, 2025, the company announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares for €5 million worth of its shares. The repurchases will commence from November 6, 2025, and will be valid till May 4, 2026. As of October 23, 2025, the company had 594,646 treasury shares. Announcement • Apr 02
WashTec AG, Annual General Meeting, May 13, 2025 WashTec AG, Annual General Meeting, May 13, 2025, at 10:00 W. Europe Standard Time. Announcement • Feb 28
WashTec AG announces Annual dividend, payable on May 16, 2025 WashTec AG announced Annual dividend of EUR 2.4000 per share payable on May 16, 2025, ex-date on May 14, 2025 and record date on May 15, 2025. Announcement • Feb 06
WashTec AG to Report Fiscal Year 2024 Results on Feb 06, 2025 WashTec AG announced that they will report fiscal year 2024 results on Feb 06, 2025 Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: €0.50 (vs €0.54 in 3Q 2023) Third quarter 2024 results: EPS: €0.50 (down from €0.54 in 3Q 2023). Revenue: €114.1m (down 5.3% from 3Q 2023). Net income: €6.68m (down 7.4% from 3Q 2023). Profit margin: 5.9% (down from 6.0% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. New Risk • Aug 07
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 55% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (55% net debt to equity). Dividend is not well covered by earnings (102% payout ratio). Upcoming Dividend • May 10
Upcoming dividend of €2.20 per share Eligible shareholders must have bought the stock before 15 May 2024. Payment date: 17 May 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.4%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.3%). Reported Earnings • May 06
First quarter 2024 earnings released: EPS: €0.23 (vs €0.26 in 1Q 2023) First quarter 2024 results: EPS: €0.23 (down from €0.26 in 1Q 2023). Revenue: €100.8m (down 7.7% from 1Q 2023). Net income: €3.12m (down 10% from 1Q 2023). Profit margin: 3.1% (down from 3.2% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 28
Full year 2023 earnings: Revenues and EPS in line with analyst expectations Full year 2023 results: EPS: €2.09 (up from €1.97 in FY 2022). Revenue: €489.5m (up 1.5% from FY 2022). Net income: €28.0m (up 6.1% from FY 2022). Profit margin: 5.7% (up from 5.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Declared Dividend • Mar 07
Dividend of €2.20 announced Dividend of €2.20 is the same as last year. Ex-date: 15th May 2024 Payment date: 17th May 2024 Dividend yield will be 6.1%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is not covered by earnings (104% earnings payout ratio). However, it is covered by cash flows (85% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 15% to bring the payout ratio under control. EPS is expected to grow by 28% over the next 2 years, which is sufficient to bring the dividend into a sustainable range. Announcement • Mar 07
WashTec AG Proposes Dividend for the Year 2023 The Board of Management and the Supervisory Board of WashTec AG will propose a dividend of €2.20 per share entitled to dividend for the 2023 financial year to the Annual General Meeting to be held on 14 May 2024 in continuation of the attractive dividend policy. Announcement • Feb 23
WashTec AG Announces Resignation of Ralf Koeppe as Member and Chairman of the Management Board The Supervisory Board of WashTec AG and Dr. Ralf Koeppe have agreed to terminate his membership of the Management Board by mutual consent. In this context, Dr. Koeppe has resigned from his office as Member and Chairman of the Management Board with immediate effect. The duties of the Management Board will therefore be performed with immediate effect by the two remaining Members of the Management Board, Mr. Sebastian Kutz and Mr. Andreas Pabst. The Supervisory Board intends to fill the position of Chairman of the Management Board with a successor as soon as possible. Announcement • Feb 09
WashTec AG Provides Earnings Guidance for the Full Year of 2023 WashTec AG provided earnings Guidance for the full Year of 2023. For the year, the company successfully concluded fiscal year 2023 with an expected new revenue record of €490 million. This represents an increase of 2% year on year (prior year: €482 million). The expected EBIT of €42 million is significantly higher than the prior-year figure of €38 million; the EBIT margin is 9% (prior year: 8%). Reported Earnings • Nov 03
Third quarter 2023 earnings released: EPS: €0.54 (vs €0.50 in 3Q 2022) Third quarter 2023 results: EPS: €0.54 (up from €0.50 in 3Q 2022). Revenue: €120.4m (up 1.5% from 3Q 2022). Net income: €7.22m (up 7.6% from 3Q 2022). Profit margin: 6.0% (up from 5.7% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Price Target Changed • Aug 07
Price target decreased by 7.0% to €53.00 Down from €57.00, the current price target is an average from 3 analysts. New target price is 55% above last closing price of €34.10. Stock is down 15% over the past year. The company is forecast to post earnings per share of €2.23 for next year compared to €1.97 last year. New Risk • Aug 04
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 82% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 105% Cash payout ratio: 121% Minor Risk High level of debt (82% net debt to equity). Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: €0.46 (vs €0.43 in 2Q 2022) Second quarter 2023 results: EPS: €0.46 (up from €0.43 in 2Q 2022). Revenue: €127.1m (up 6.9% from 2Q 2022). Net income: €6.17m (up 6.9% from 2Q 2022). Profit margin: 4.9% (up from 4.8% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • May 09
Upcoming dividend of €2.20 per share at 5.7% yield Eligible shareholders must have bought the stock before 16 May 2023. Payment date: 18 May 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.7%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.8%). Reported Earnings • May 08
First quarter 2023 earnings released: EPS: €0.26 (vs €0.17 in 1Q 2022) First quarter 2023 results: EPS: €0.26 (up from €0.17 in 1Q 2022). Revenue: €109.2m (up 8.1% from 1Q 2022). Net income: €3.47m (up 51% from 1Q 2022). Profit margin: 3.2% (up from 2.3% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Apr 11
Now 21% undervalued Over the last 90 days, the stock is up 13%. The fair value is estimated to be €52.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings is also forecast to grow by 14% per annum over the same time period. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: €0.50 (vs €0.81 in 3Q 2021) Third quarter 2022 results: EPS: €0.50 (down from €0.81 in 3Q 2021). Revenue: €118.6m (up 6.6% from 3Q 2021). Net income: €6.71m (down 39% from 3Q 2021). Profit margin: 5.7% (down from 9.8% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Price Target Changed • Oct 28
Price target decreased to €57.25 Down from €63.25, the current price target is an average from 4 analysts. New target price is 54% above last closing price of €37.15. Stock is down 34% over the past year. The company is forecast to post earnings per share of €2.14 for next year compared to €2.32 last year. Reported Earnings • Jul 29
Second quarter 2022 earnings released: EPS: €0.43 (vs €0.75 in 2Q 2021) Second quarter 2022 results: EPS: €0.43 (down from €0.75 in 2Q 2021). Revenue: €118.9m (up 7.9% from 2Q 2021). Net income: €5.77m (down 42% from 2Q 2021). Profit margin: 4.8% (down from 9.1% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 10
Upcoming dividend of €2.90 per share Eligible shareholders must have bought the stock before 17 May 2022. Payment date: 19 May 2022. Payout ratio is on the higher end at 90%, however this is supported by cash flows. Trailing yield: 5.9%. Within top quartile of German dividend payers (4.3%). Higher than average of industry peers (2.6%). Reported Earnings • Apr 30
First quarter 2022 earnings: EPS exceeds analyst expectations First quarter 2022 results: EPS: €0.17 (up from €0.15 in 1Q 2021). Revenue: €101.0m (up 19% from 1Q 2021). Net income: €2.30m (up 16% from 1Q 2021). Profit margin: 2.3% (in line with 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.2%. Over the next year, revenue is forecast to grow 5.4%, compared to a 9.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 03
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: EPS: €2.32 (up from €0.99 in FY 2020). Revenue: €430.5m (up 14% from FY 2020). Net income: €31.1m (up 134% from FY 2020). Profit margin: 7.2% (up from 3.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.2%. Over the next year, revenue is forecast to grow 7.9%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 14% per year. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS €0.81 (vs €0.39 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €111.3m (up 19% from 3Q 2020). Net income: €10.9m (up 107% from 3Q 2020). Profit margin: 9.8% (up from 5.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Price Target Changed • Oct 05
Price target increased to €63.30 Up from €56.04, the current price target is an average from 4 analysts. New target price is 17% above last closing price of €54.20. Stock is up 40% over the past year. Reported Earnings • Jul 29
Second quarter 2021 earnings released: EPS €0.75 (vs €0.18 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €110.2m (up 25% from 2Q 2020). Net income: €9.98m (up 320% from 2Q 2020). Profit margin: 9.1% (up from 2.7% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Price Target Changed • Jun 03
Price target increased to €59.63 Up from €52.60, the current price target is an average from 5 analysts. New target price is 13% above last closing price of €52.80. Stock is up 27% over the past year. Upcoming Dividend • May 12
Upcoming dividend of €2.30 per share Eligible shareholders must have bought the stock before 19 May 2021. Payment date: 21 May 2021. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.0%). Price Target Changed • Apr 29
Price target increased to €52.60 Up from €49.13, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of €53.40. Stock is up 43% over the past year. Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS €0.15 (vs €0.018 loss in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: €84.8m (down 3.0% from 1Q 2020). Net income: €1.99m (up €2.23m from 1Q 2020). Profit margin: 2.3% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 03
Full year 2020 earnings released: EPS €0.99 (vs €1.66 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €378.8m (down 13% from FY 2019). Net income: €13.3m (down 40% from FY 2019). Profit margin: 3.5% (down from 5.1% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 05
New 90-day high: €51.00 The company is up 37% from its price of €37.30 on 06 November 2020. The German market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €30.46 per share. Is New 90 Day High Low • Jan 09
New 90-day high: €45.60 The company is up 21% from its price of €37.55 on 09 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €30.70 per share. Valuation Update With 7 Day Price Move • Nov 12
Market bids up stock over the past week After last week's 16% share price gain to €43.80, the stock is trading at a trailing P/E ratio of 33x, up from the previous P/E ratio of 28.5x. This compares to an average P/E of 33x in the Machinery industry in Germany. Total return to shareholders over the past three years is a loss of 37%. Price Target Changed • Nov 05
Price target lowered to €45.50 Down from €49.90, the current price target is an average from 4 analysts. The new target price is 18% above the current share price of €38.40. As of last close, the stock is down 20% over the past year. Is New 90 Day High Low • Nov 04
New 90-day high: €39.40 The company is up 15% from its price of €34.20 on 05 August 2020. The German market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €28.57 per share. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of €18.0m, down 26% from the prior year. Total revenue was €397.2m over the last 12 months, down 8.4% from the prior year. Is New 90 Day High Low • Oct 07
New 90-day high: €39.35 The company is up 3.0% from its price of €38.15 on 09 July 2020. The German market is also up 3.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Machinery industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €44.82 per share.