Ernst Russ AG
HXCK
ISIN DE000A161077 / Valor 30376429
Ernst Russ AG
UMushroom community rating:
About company
Ernst Russ AG is a venerable entity in the shipping industry, tracing its origins back to 1893. Over the decades, it has transformed from its 19th-century roots into a modern, internationally active, publicly traded company with a focus on shipping and asset management. The company has successfully navigated the complexities of the 20th and 21st centuries, establishing itself as a significant player in the global shipping sector. Ernst Russ AG leverages its extensive experience in shipping to offer sophisticated asset and investment management services, underpinned by a robust equity base and diverse financing options. This strategic approach is facilitated by its listing on the Scale segment of the Frankfurt Stock Exchange, which ensures transparency and access to growth capital. The company underscores the critical role of shipping in maintaining global trade networks, a fact that has become even more apparent during challenges such as the coronavirus pandemic. Ernst Russ AG's operations highlight the enduring importance of shipping as a key component of international trade and infrastructure, positioning the company as an essential link in the global trade network.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (09.11.2025):
In Q1 2022, Ernst Russ AG demonstrated strong financial performance with significant revenue and earnings growth, despite global economic challenges. The group achieved positive operating results driven by favorable shipping market trends and strategic fleet expansion, with revenues more than doubling year-on-year and solid improvements in operating earnings, pre-tax earnings, and net income.
Revenue Surge
Ernst Russ AG’s revenue increased by EUR 18.5 million, or 109% year-on-year, reaching EUR 35.4 million in Q1 2022. This impressive growth was bolstered by rising charter rates, efficient capacity utilization, and a notable fleet expansion in previous quarters.
Operating and Pre-tax Earnings Jump
Operating earnings soared to EUR 16.5 million from EUR 1.3 million, leading to pre-tax earnings of EUR 15.1 million in Q1 2022 compared to only EUR 0.2 million in the prior year. These results underscore the strong underlying performance of Ernst Russ AG’s operations.
Net Income and Equity Strength
The consolidated net income after non-controlling interests reached EUR 9.1 million, a significant improvement from EUR 0.3 million previously. Additionally, the equity increased to EUR 154.7 million, achieving a robust equity ratio of 60.5%, reinforcing the financial stability of the company.
Share Price Performance
The positive financial outcome was also reflected in the market sentiment, with the share price hitting a high of EUR 7.50 and closing the quarter at EUR 7.25, and an average price of EUR 6.02 during the period.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
272 M
Market cap (USD)
1,720
Daily traded volume (Shares)
6.32 / 5.92
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
EQUITIES OF THE SAME SECTOR
