Announcements

ElringKlinger AG (ISIN DE0007856023 / WKN 785602) yesterday concluded a new syndicated loan agreement, which, in addition to providing general corporate financing, also serves to refinance the original syndicated loan and existing bilateral lines of credit. Funding was jointly arranged by Commerzbank, Landesbank Baden-Württemberg, and DZ Bank; the syndicate also includes Deutsche Bank, HSBC, Targo Bank, and the ING Group. The agreement encompasses a total volume of EUR 450 million over a period of five years at standard market terms and includes an option to increase the volume by a further EUR 100 million.

Dettingen/Erms (Germany), February 28, 2025: The Aftermarket business unit is to extend its chemical product portfolio by including new two-component adhesives used for fast and professional repairs to engines, metal components, and bodywork. Acknowledged for providing strong bonds, the new LiqRep products have been specially developed for the repair and adhesive bonding of metal and plastic parts.

Dettingen/Erms (Germany), December 3, 2024: Georges Mourad took over as head of the Aftermarket division at ElringKlinger AG on December 1, 2024. He follows Dirk Willers, who had managed the division since April 1, 2015, and was appointed to the ElringKlinger Group's Management Board effective October 1, 2023.

Dettingen/Erms (Germany), November 27, 2024: The automotive industry is facing a period of profound transition. The move towards electromobility has seen the emergence of new market players, while value chains and demand are changing worldwide. As part of its SHAPE30 transformation strategy, automotive supplier ElringKlinger AG has been reviewing its product groups for future viability. The findings of these assessments form the basis for its global site strategy. Against this background, the Management Board has resolved to discontinue operations at the Thale site.

Dettingen/Erms (Germany), November 12, 2024: ElringKlinger AG (ISIN DE0007856023 / WKN 785602) has published its results for the third quarter of 2024. The Group generated revenue of EUR 440.8 million (Q3 2023: EUR 451.6 million) in the third quarter of 2024. Adjusted for currency effects, revenue in the third quarter of 2024 amounted to EUR 452.2 million, which corresponds to slight organic revenue growth of 0.1% compared to the same period of the previous year. In the first nine months of 2024, Group revenue totaled EUR 1,351.1 million (9M 2023: EUR 1,408.1 million). In organic terms, nine-month sales were 2.6% lower than in the same period of the previous year. Alongside the direction taken by foreign exchange rates, changes in customer call-off volumes relating to individual series production projects for e-vehicles and in the area of commercial vehicles had a dampening effect on Group revenue.