Suedwestdeutsche Salzwerke AG

SSH

Equity

ISIN DE0007346603 / Valor 349378

Deutsche Boerse AG (2024-12-23)

EUR 54.50%

Suedwestdeutsche Salzwerke AG
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About company

Südwestdeutsche Salzwerke AG, headquartered in Heilbronn, Germany, operates as the parent company of the SWS Group, employing approximately 1,100 individuals across various sectors including salt production, waste disposal, logistics, and tourism. The company boasts significant operations in salt mining and processing, with its Heilbronn site recognized as the largest rock salt mine in Western Europe, operational for over 125 years. Additionally, it operates the historic Berchtesgaden salt mine, dating back to 1517, and utilizes its resources for its own evaporated salt production in Bad Friedrichshall and Bad Reichenhall salines. These facilities collectively produce a wide range of salt products, from table and industrial salts to pharmaceutical salts, catering to diverse market needs. Furthermore, Südwestdeutsche Salzwerke AG engages in tourism through its visitor mines and a salt museum, offering educational and recreational experiences related to salt and brine. The company also extends its business to include waste disposal services through its subsidiary UEV GmbH and logistics services, notably through a majority stake in Reederei Schwaben GmbH, enhancing its operational and service diversity.

Summarized from source with an LLMView SourceSector: Energy

Revenue Growth

Suedwestdeutsche Salzwerke AG reported a significant increase in revenue for the year 2023. The company's revenue grew by 11.2%, reaching €337.6 million compared to €303.7 million in 2022. This growth was driven by successful price increases across all segments.

EBIT Improvement

The earnings before interest and taxes (EBIT) for Suedwestdeutsche Salzwerke AG saw a remarkable improvement in 2023. The EBIT surged to €44.933 million, a substantial increase from €7.226 million in 2022, indicating a strong operational performance.

Net Profit Surge

Suedwestdeutsche Salzwerke AG's net profit for 2023 more than doubled compared to the previous year. The net profit for the year stood at €32.494 million, up from €11.403 million in 2022, showcasing the company's enhanced profitability.

Earnings Per Share

The earnings per share (EPS) for Suedwestdeutsche Salzwerke AG also saw a significant rise in 2023. The EPS increased to €3.09 from €1.07 in 2022, reflecting the company's improved financial health and profitability.

Equity and Balance Sheet

Suedwestdeutsche Salzwerke AG's equity increased by 6.8% in 2023, reaching €253.105 million compared to €237.090 million in 2022. The total balance sheet also expanded by 19.5%, amounting to €464.241 million, indicating a robust financial position.

Summarized from source with an LLMView Source

Key figures

-19.9%1Y

-35.9%3Y

-18.0%5Y

Performance

72.7%1Y

62.1%3Y

63.1%5Y

Volatility