AlzChem Group AG raises forecast 2021 due to very positive business development | AlzChem

AlzChem Group AG raises forecast 2021 due to very positive business development

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/20144

Trostberg, July 15, 2021 – Based on preliminary figures, AlzChem Group AG recorded a very positive business development in the first half of 2021 that was significantly above plan. Group sales improved year-on-year from EUR 197.3 million to EUR 215.3 million. This was due to the stronger than expected recovery in the automotive and steel industries, as well as very good sales successes in dietary supplements and renewable energies. Due to the strong focus of customers on a European supply chain, AlzChem was able to take advantage of additional business opportunities with its broad product portfolio.


Despite highly volatile raw material markets, significantly rising electricity and CO2 certificate costs, and an unfavorable USD exchange rate, earnings before interest, taxes, depreciation and amortization (EBITDA) rose to a record level of EUR 35.7 million (previous year: EUR 29.1 million). Consequently, the EBITDA margin increased to 16.6% (previous year: 14.8%). The equity ratio was 22.4% as of June 30, 2021 (December 31, 2020: 19.4%).


Due to the very positive business development in the first half of 2021, AlzChem Group AG is raising its forecast for the full year 2021 as follows:


Key figure


Original forecast 2021

New forecast 2021


EUR 379.3 million

slightly increasing to increasing
(up to EUR 400 million)

Significantly to strongly increasing

(up to EUR 415 million)


EUR 53.8 million

stable to slightly increasing (up to EUR 57 million)

Significantly to rapidly increasing

(up to EUR 64 million)

EBITDA margin


slightly declining to stable

stable to slightly increasing

Inventory ratio


very slightly increasing to stable

slightly to noticeably decreasing

Equity ratio


stable to slightly increasing

moderately to slightly increasing


The new forecast is based on the assumption that the economic recovery will continue unchanged, that there will be no negative impact on the raw material pipeline, and that there will be no more severe restrictions due to the Corona pandemic in the second half of 2021.


The detailed half-year financial report 2021 will be available for download on the website under Investor Relations/Publications/Financial Reports on Thursday, August 5, 2021.

Sabine Sieber

Sabine Sieber

Investor Relations
T +49 8621 86-2888
F +49 8621 86-502888

AlzChem Group AG
Dr.-Albert-Frank-Str. 32
83308 Trostberg