Financial reports for download
Below we make the annual and quarterly reports, sustainability reports and the GRI Content Index of Bertrandt AG available for download.
Below we make the annual and quarterly reports, sustainability reports and the GRI Content Index of Bertrandt AG available for download.
In fiscal 2022/2023, Bertrandt benefited from high research and development investments by our customers in the megatrends of digitalization, autonomous driving, connectivity and electromobility. The market drivers were innovations for new and sustainable technologies, competitive products and regulatory requirements to shape the transformation of the sectors. We can therefore look back on a challenging, yet successful financial year 2022/2023.
With 14,276 employees, we not only exceeded the 14,000 mark for the first time, but also achieved a record level of employment in the year before our 50th anniversary. The same applied to our total operating performance of around 1.157 billion euros, which exceeded the previous record from the pre-pandemic year 2018/2019 by almost 100 million euros.
These records had to be seen in the context of geopolitical unrest, a weakening global economy and an expected recession in Germany in 2023. At the same time, we experienced an inflation rate at a level unknown to many, which was to be curbed by rapid and significant interest rate hikes. Despite these and other external negative factors such as supply bottlenecks and a pronounced wave of sickness at the beginning of the financial year, the Bertrandt Group's EBIT amounted to just over EUR 50 million, resulting in an EBIT margin of 4.3%.
The forecast for the 2023/2024 financial year is presented in detail in the Forecast Report of the 2022/2023 Annual Report. On July 26, 2024, the Management Board of Bertrandt AG reviewed and partially amended the published forecast for fiscal 2023/2024:
- After previously forecasting growth in total revenues of EUR 70 to 110 million, a specific range is no longer forecast for this fiscal year, but a moderate* increase in total revenues (previous year EUR 1,157 million) is now expected.
- After previously forecasting an EBIT margin (EBIT in relation to total operating performance) of between 5% and 7%, a specific margin range is no longer forecast for this financial year, but EBIT is now expected to be significantly* below the previous year's figure (EUR 50.1 million).
*Definitions for the forecast:
Total operating performance
- Moderate change: 0% to 10%
- Significant change: over 10%
EBIT
- Moderate change: 0% to 10%
- Significant change: over 10%
- “Medium-term”: within the next three fiscal years
The terms “total revenues”, “EBIT” and “free cash flow” are explained on page 221 of the Bertrandt Annual Report 2022/2023.
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