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Bertrandt AG
Ansprechpartner: Björn Voss
Tel.: 070346564201
E-Mail: bjoern.voss@bertrandt.com
pta20211217031
Public disclosure of inside information according to article 17 MAR

Bertrandt AG: Conclusion of an agreement regarding the purchase of Philotech Group, adjustment of forecast for fiscal year 2021/2022


Ehningen (pta031/17.12.2021/14:15) - Bertrandt Aktiengesellschaft today signed a notarized purchase agreement to acquire Philotech Systementwicklung und Software GmbH and its subsidiaries ("Philotech Group"). The closing of the purchase agreement is in particular still subject to clearance by the German Federal Cartel Office in the context of the statutory merger control and is expected in the first quarter of 2022.

The Philotech Group is a specialist for sophisticated, holistic development projects in the fields of software, electronics and IT security. Major customers are from the aviation and automotive industries. With its know-how and its regional as well as international positioning at locations in Germany, France and Spain, Philotech Group not only complements Bertrandt's broad and deep range of services, but also its regional positioning.

The forecast for fiscal year 2021/2002 published in the Annual Report 2020/2021 on December 9, 2021 remains basically unchanged; only the previously expected (and already communicated in the ad hoc announcement of October 26, 2021) strong growth in total revenues of EUR 80 to 120 million expected to date (i.e. total revenues of between around EUR 930 million and EUR 970 million) will increase slightly by EUR 20 million to EUR 100 million to 140 million (i.e. total revenues in fiscal year 2021/2022 of between around EUR 950 million and EUR 990 million) if the purchase agreement is completed as expected. In the past 2020/2021 financial year, total revenues amounted to EUR 848.59 million.

The definition of total revenues is described in the Bertrandt Annual Report 2020/2021 on page 179.

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Emitter: Bertrandt AG
Birkensee 1
71139 Ehningen
Germany
Contact Person: Björn Voss
Phone: 070346564201
E-mail: bjoern.voss@bertrandt.com
Website: www.bertrandt.com
Stock Exchanges: regulated market in Frankfurt; free market in Dusseldorf, free market in Hamburg, free market in Munich, free market in Stuttgart; open market in Berlin, Tradegate
ISIN(s): DE0005232805 (share)
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