{"id":13397,"date":"2022-11-09T10:40:00","date_gmt":"2022-11-09T10:40:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3930106_AE30106_0"},"modified":"2022-11-09T10:40:00","modified_gmt":"2022-11-09T10:40:00","slug":"strong-business-performance-in-9m-2022-exyte-increases-order-intake-sales-and-profitability","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=13397","title":{"rendered":"Strong business performance in 9M\/2022: Exyte increases order intake, sales, and profitability"},"content":{"rendered":"<table name=\"logo_release\" border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/1487100\/Exyte_Logo.jpg?p=medium600\" border=\"0\" alt title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ul type=\"disc\">\n<li>Order intake up by more than 25% year-on-year, marking a new <span class=\"xn-money\">9M<\/span>-high with \u20ac6.5 billion<\/li>\n<li>Sales volume increased by almost 60% to \u20ac5.3 billion<\/li>\n<li>Strong increase in sales in all three business segments<\/li>\n<li>Adjusted EBIT increased by 73% to \u20ac308 million; adjusted EBITDA rose by 70% to \u20ac340 million<\/li>\n<li>Acquisition of Airgard Inc., enhancing strategic product portfolio of Technology and Services business<\/li>\n<li>New employer brand to attract new talents<\/li>\n<\/ul>\n<p><span class=\"xn-location\">STUTTGART, Germany<\/span>, <span class=\"xn-chron\">Nov. 9, 2022<\/span> \/PRNewswire\/ &#8212; <b>Exyte GmbH (Exyte), a global leader in the design, engineering, and delivery of high-tech facilities, continues its strong performance during the first nine months of fiscal year 2022 successfully progressing<\/b>&nbsp;<b>on<\/b>&nbsp;<b>its accelerated growth path, its &#8216;Pathway to Ten&#8217;.<\/b><\/p>\n<p>In the first nine months of 2022, Exyte recorded an increase of almost 60% year-on-year in sales. Sales amounted to an all-time-high of \u20ac5.3 billion (<span class=\"xn-money\">9M<\/span>\/2021: \u20ac3.4 billion) thanks to major projects in all business segments especially in the APAC and EMEA regions. Both regions also contributed strongly to the order intake. From January to September order intake reached \u20ac6.5 billion (<span class=\"xn-money\">9M<\/span>\/2021: \u20ac5.1 billion), an increase of more than 25% compared to the previous year.<\/p>\n<p>With an adjusted EBITDA of \u20ac340 million (<span class=\"xn-money\">9M<\/span>\/2021: \u20ac200 million) and adjusted EBIT of \u20ac308 million (<span class=\"xn-money\">9M<\/span>\/2021: \u20ac178 million) Exyte further improved its profitability. The adjusted EBITDA margin amounted to 6.4% (<span class=\"xn-money\">9M<\/span>\/2021: 5.9%), the adjusted EBIT margin reached 5.8% (<span class=\"xn-money\">9M<\/span>\/2021: 5.3%), both improving by 0.5% points year-on-year.<\/p>\n<p>&#8220;Our sustained positive business development underlines our strong strategic position. The industries we serve continue to invest unchanged. Despite the current global economic development, we do not expect any major backlash for these industries or for our business. We serve global megatrends that will continue to unfold despite short-term economic turbulences,&#8221; says Dr. Wolfgang B\u00fcchele, CEO of Exyte.&nbsp;<\/p>\n<p><b>Positive outlook despite current economic developments <\/b><\/p>\n<p>&#8220;Exyte succeeds on its &#8216;Pathway to Ten&#8217;. Our targeted turnover of around \u20ac7 billion in 2022 brings us closer to our goal of reaching \u20ac10 billion in sales in 2027. With successfully running projects and an order backlog of \u20ac8.2 billion, we are well positioned for future profitable growth. Notwithstanding the continuing economic uncertainties, we see a sustainable positive development for Exyte,&#8221; states Peter Sch\u00f6nhofer, CFO of Exyte. &#8220;However, we monitor developments and their potential impact on our business closely and take countermeasures where necessary.&#8221;<\/p>\n<p>Exyte confirms the positive year-end outlook. In accordance with an increase in sales, a respective rise in adjusted EBITDA and adjusted EBIT is expected. For 2022 the company forecasts an adjusted EBITDA of approximately \u20ac450 million, respectively an adjusted EBIT above \u20ac400 million.&nbsp;<\/p>\n<p><b>Growth in all business segments, Biopharma &amp; Life Sciences and Data Centers with impressive sales development<\/b><\/p>\n<p>In the first nine months of 2022 all three business segments acquired substantial new projects across all regions. With a sales share of around 87% of the group&#8217;s total sales, the business segment <b>Advanced Technology Facilities<\/b> recorded a sales increase of around 55% to \u20ac4.6 billion (<span class=\"xn-money\">9M<\/span>\/2021: \u20ac3.0 billion). Driven by the ongoing positive development of the semiconductor industry incoming orders increased by almost a quarter to \u20ac5.5 billion (<span class=\"xn-money\">9M<\/span>\/2021: \u20ac4.5 billion). Battery cell manufacturers also benefit from Exyte&#8217;s expertise in clean and dry rooms. Exyte sees further sales opportunities in this business in the coming years, as so-called gigafabs for the production of battery cells and batteries are being planned worldwide.&nbsp;<\/p>\n<p><b>Biopharma &amp; Life Sciences<\/b>&nbsp;almost doubled sales in the first nine months. The segment&#8217;s sales reached \u20ac477 million (<span class=\"xn-money\">9M<\/span>\/2021: \u20ac247 million) due to major projects in <span class=\"xn-location\">Singapore<\/span> and <span class=\"xn-location\">Malaysia<\/span>. Biopharma &amp; Life Sciences is accounting for 9.0% of total sales of the group (<span class=\"xn-money\">9M<\/span>\/2021: 7.3%). Order intake reached \u20ac477 million (<span class=\"xn-money\">9M<\/span>\/2021: \u20ac384 million). In <span class=\"xn-location\">Germany<\/span>, Exyte is building a mRNA competence center in Halle. Further biopharma projects for global pharmaceutical companies are currently being prepared. Exyte recently opened a new Life Sciences Office in <span class=\"xn-location\">Cork, Ireland<\/span>. The Irish pharmaceutical sector has grown rapidly in recent years. Exyte expects significant investments in <span class=\"xn-location\">Ireland<\/span> in projects ranging from biotechnology to fill finish, Active Pharmaceutical Ingredients and cell and gene therapy.<\/p>\n<p>Sales of the <b>Data Centers<\/b> segment rose by 74% reaching \u20ac181 million (<span class=\"xn-money\">9M<\/span>\/2021: \u20ac104 million). The order intake increased by more than 130% to \u20ac409 million (<span class=\"xn-money\">9M<\/span>\/2021: \u20ac175 million). The business segment currently implements data center projects in <span class=\"xn-location\">Austria<\/span>, <span class=\"xn-location\">Denmark<\/span>, <span class=\"xn-location\">Germany<\/span>, <span class=\"xn-location\">Israel<\/span>, <span class=\"xn-location\">Malaysia<\/span>, and <span class=\"xn-location\">Taiwan<\/span>, amongst others.<\/p>\n<p><b>Strategic growth of Technology and Services segment<\/b><\/p>\n<p>Recently Exyte completed the acquisition of Airgard Inc., a US-based specialist in exhaust gas cleaning technology. Airgard&#8217;s wet scrubbers are used globally by key players in the semiconductor industry. The acquisition of Airgard strengthens Exyte&#8217;s position to support its customers with technical solutions for their exhaust management, also in light of the increasing standards that come up with Environmental, Social and Governance (ESG) regulations and requirements.<\/p>\n<p>This is the next acquisition by which Exyte builds on its strategy of vertical integration by strengthening its business in the area of mission-critical technology and services. In 2021, Exyte acquired Critical Process Systems Group and made it part of the Technology &amp; Services (T&amp;S) Business Area. T&amp;S consists of entities that provide cleanroom technology, installation services, and critical equipment for subsystems of its clients as well as off-site manufacturing (OSM). In the first nine months of 2022 Technology &amp; Services almost doubled sales to \u20ac555 million (<span class=\"xn-money\">9M<\/span>\/2021: \u20ac280 million) contributing around 10% to the group&#8217;s total sales (<span class=\"xn-money\">9M<\/span>\/2021: 8.0%). Incoming orders more than doubled to \u20ac788 million (<span class=\"xn-money\">9M<\/span>\/2021: \u20ac336 million).<\/p>\n<p><b>Progress on the &#8216;Pathway to Ten&#8217; \u2013 New Employer Branding<\/b><\/p>\n<p>Targeted, strategic acquisitions are a cornerstone of Exyte&#8217;s future Agenda &#8216;Next Level&#8217;. In this agenda the company has defined several fields of actions to be successful on its &#8216;Pathway to Ten&#8217;. Another field of action is to become the employer of choice for existing and future employees. To this end, Exyte recently presented a new employer brand which is the basis for global talent acquisition and recruiting. Around 15,000 employees are expected to work for Exyte in 2027, more than twice as many as in 2021. At the end of <span class=\"xn-chron\">September 2022<\/span> Exyte employed almost 9,000 people worldwide.<\/p>\n<p><b>Key Financial Figures at a glance<\/b><\/p>\n<div>\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"0\" class=\"prnbcc\">\n<tbody readability=\"1\">\n<tr>\n<td class=\"prnpr10 prnpl2 prnvab prntar prncbts prnbrbrs prnbbbs prnbsbls\" colspan=\"1\" rowspan=\"1\"><\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"7\"><\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>9M\/2022<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"7\"><\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>9M\/2021<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"7\"><\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>Change <\/b><\/span><\/p>\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>&nbsp;2022 vs. 2021<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Order Intake<\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">\u20ac6.5 bn <\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">\u20ac5.1 bn<\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">+26.1%*<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Sales<\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">\u20ac5.3 bn <\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">\u20ac3.4 bn<\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">+57.0%*<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Adjusted EBITDA<\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">\u20ac340 m<\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">\u20ac200 m<\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">+70.0&nbsp;%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Adjusted EBITDA Margin<\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">6.4&nbsp;%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">5.9&nbsp;%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">+0.5 PP<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Adjusted EBIT<\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">\u20ac308 m<\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">\u20ac178 m<\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">+73.0&nbsp;%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Adjusted EBIT Margin<\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">5.8&nbsp;%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">5.3&nbsp;%<\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">+0.5 PP<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td class=\"prnpr2 prnpl2 prnvab prnsbtb1 prnrbrb1 prnsbbb1 prnsblb1\" colspan=\"7\" rowspan=\"1\" readability=\"5\">\n<p class=\"prnml4\"><span class=\"prnews_span\">*The percentage is calculated based on the values in million.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>For more details about the <span class=\"xn-money\">9M<\/span>-results 2022 please visit the website&nbsp;<a href=\"https:\/\/www.exyte.net\/en\" target=\"_blank\" rel=\"nofollow noopener\">exyte.net<\/a>.<\/p>\n<p><b>About Exyte <\/b><\/p>\n<p>Exyte is a global leader in the design, engineering, and delivery of ultra-clean and sustainable facilities for high-tech industries. With cutting-edge expertise developed over more than a century, we serve clients in the sophisticated markets of semiconductors, battery cells, pharmaceuticals, biotechnology, and data centers. Exyte offers a full range of services from consulting to managing the implementation of turnkey solutions with the highest standards in safety and quality to our customers worldwide. We create a better future by enabling key industries to enhance the quality of modern life. In 2021, Exyte generated sales of <span class=\"xn-money\">EUR 4.9 billion<\/span> with around 7,400 employees worldwide.<\/p>\n<p><b>Contact:<\/b><\/p>\n<p>Ren\u00e9 Ziegler&nbsp;<br \/>Vice President Corporate Communications &amp; Investor Relations<br \/>+49 711 88044606<br \/>+49 172 5838786<br \/><a href=\"mailto:rene.ziegler@exyte.net\" target=\"_blank\" rel=\"nofollow noopener\">rene.ziegler@exyte.net<\/a> <br \/><a href=\"http:\/\/www.exyte.net\/\" target=\"_blank\" rel=\"nofollow noopener\">www.exyte.net<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Order intake up by more than 25% year-on-year, marking a new 9M-high with \u20ac6.5 billion Sales volume increased by almost 60% to \u20ac5.3 billion Strong increase in sales in all three business segments Adjusted EBIT increased by 73% to \u20ac308 million; adjusted EBITDA rose by 70% to \u20ac340 million Acquisition of Airgard Inc., enhancing strategic [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-13397","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - 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