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EDAG Engineering Group AG Financial Results FY 2022 | Transformation in the Automotive Industry with IR

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Excerpt

Sebastian Lehmann, Investor Relations at EDAG Engineering Group AG, presents the exciting FY 2022 financial figures.

 

The independent engineering services provider to the global mobility industry achieved significant growth, with revenues up by 15.8% and earnings after tax up to EUR 28.9 million.

 

The record order intake of EUR 850.2 million demonstrates EDAG’s strong market position. With projected growth for 2023 and a proposed dividend of EUR 0.55 per share, EDAG is well-positioned for continued success.

 

Sebastian also discusses the continued transformation in the automotive industry in his video presentation, highlighting the importance of EDAG’s globally networked competencies in complete vehicle development, software & digitalization, and smart factory to this success.

 

Despite geopolitical uncertainties and economic challenges, EDAG is cautiously optimistic about the coming quarters.

Company Profile

The EDAG Group is the world’s largest independent engineering service provider to the global mobility industry. We regard mobility as a fully integrated ecosystem, and offer our customers technological solutions for more sustainable, emission-free and intelligently networked mobility. With a global network of some 60 branches, EDAG provides engineering services in the Vehicle Engineering, Electrics/Electronics and Production Solutions segments.

 

With our interdisciplinary expertise in the fields of software and digitalization, we possess the key skills to help actively shape the dynamic transformation process the mobility industry is currently undergoing. Digital features, autonomous driving, artificial intelligence, alternative powertrains, new mobility concepts and the vision of a networked smart city have become an integral part of our portfolio. Embedded in EDAG’s own 360° degree approach to the development of complete vehicles and production facilities, we are a competent partner for sustainable mobility projects. It is in the DNA of the company to actively shape the future of mobility and transfer new technologies and concepts into series production. Today, EDAG is one of the TOP 20 IT service providers in the German mobility sector.

 

Our customers include leading international OEMs, tier 1 suppliers and startup companies from the automotive and non-automotive industries, all of whom we serve globally with our workforce of approximately 8,400 experts in 360-degree engineering.

 

In 2022, the company generated sales of € 796 million. On December 31, 2022, EDAG employed a global workforce of 8,412 (including apprentices).

EDAG Engineering Group AG

Schlossgasse 2, 9320 Arbon, Switzerland

CH +41 71 544 33 – 11
GER +49 611 7375 –168

Chapters

  • Global Economic Trends 2023
  • Transformation in The Automotive Industry
  • Transferring into a Decent ESP Market Environment
  • Recap – Key Activities 2022
  • Key Figures Fy-22
    • Revenues
    • Adjusted Ebit
    • Headcount / Capex / Eat / Equity
    • Trade Working Capital
    • Cash Flow
    • Net Financial Debt/Assets
  • Outlook

Resources

Host

Sebastian Lehmann
Head IR | EDAG Engineering Group AG

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