Edding AG

EDD3

Equity

ISIN DE0005647937 / Valor 331102

Deutsche Boerse AG (2024-11-21)

EUR 36.60%

Edding AG
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Edding AG is an owner-managed public limited company that operates in the Writing and Marking and Visual Communication business segments. The company markets and distributes its products under the brands edding, Legamaster, and PLAYROOM in over 110 countries worldwide. Edding AG combines the capabilities of an international manufacturer with the friendly atmosphere of a company with local roots and a flat structure.

Summarized from source with an LLMView SourceSector: Technology

Sales Revenue

Edding AG reported a sales revenue of €160.786 million for the first quarter of 2023, reflecting a 1.00% increase compared to the same period in 2022. This growth indicates a steady demand for the company's products despite challenging market conditions.

Profit After Tax

For the first quarter of 2023, Edding AG experienced a loss with a profit after tax of -€4.710 million. This is a significant decline from the €524,000 profit recorded in the first quarter of 2022, highlighting the financial challenges faced by the company.

EBIT

Edding AG's Earnings Before Interest and Taxes (EBIT) for the first quarter of 2023 stood at -€2.448 million. This represents a decrease from the €4.034 million EBIT reported in the same quarter of the previous year, indicating a downturn in operational profitability.

Gross Profit

The gross profit for Edding AG in the first quarter of 2023 was €96.629 million, up from €91.268 million in the first quarter of 2022. This increase in gross profit suggests improved cost management and efficiency in production processes.

Employee Benefits Expense

In the first quarter of 2023, Edding AG's employee benefits expense amounted to €51.980 million, which is higher than the €49.260 million recorded in the same period of the previous year. This rise in expenses reflects the company's investment in its workforce amidst ongoing economic challenges.

Summarized from source with an LLMView Source

Key figures

-26.8%1Y

-48.8%3Y

-50.5%5Y

Performance

61.0%1Y

72.7%3Y

67.9%5Y

Volatility