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APT is a member of the VDMA

APT is now a member of the German Engineering Federation (VDMA)

“We are looking forward to working in partnership with the VDMA and are proud to now also be part of such an important institution,” emphasizes Managing Director Martin Brück.

“Our goal here is to use the VDMA’s network as an information and knowledge transfer exchange and to be able to tailor products and services even better to current industry and customer needs in Germany and abroad in the future,” says Brück, explaining the significance of this important milestone in APT’s corporate development as part of the Masterflex Group.

The German Engineering Federation (Verband Deutscher Maschinen- und Anlagenbau e.V. (VDMA) is Europe’s largest industrial association with around 3300 members. It represents the interests of the capital goods industry, which is strongly characterized by small and medium-sized enterprises, vis-à-vis political and social institutions as well as business, science, public authorities and the media. In addition, the VDMA sees itself as a platform where its member companies can exchange views on technical challenges, interdisciplinary issues and many other topics in numerous networks.

Excellent: We are a Global Market Leader & Top 100 Innovator!

We can also adorn ourselves with awards in 2021: We are once again listed in the World Market Leader Index of the University of St. Gallen and the Masterflex Group has once again made it into the TOP 100.

With the listing in the Global Market Leader Index of the renowned University of St. Gallen and the “Akademie Deutscher Weltmarktführer” (ADWM), we are once again among the Global Market Leader Champions 2021. The designation “Global Market Leader” stands across all industries for globally active and successful companies with leading technologies and outstanding quality of their products and services. Anyone who wants to earn a place in the world market leader index of the renowned university must meet these criteria: The Masterflex Group has managed to do so again this year after 2018 and 2019.

You can find the complete list of all Global Market Leaders here (as a paid offer from WirtschaftsWoche Online – German language).

 

With the TOP 100 Award, we are once again one of the most innovative companies in Germany in 2021 – for the third time. TOP 100 is the only innovation competition that awards medium-sized companies for their innovation management and their innovation success. The Masterflex Group was particularly convincing in the category “Innovative processes and organisation”.

Masterflex Group: Solid development in 3rd quarter – Management confirms forecast for 2020

· Focus on the growth industry of medical technology provides stability

· Consolidated revenue of EUR 55.8 million at upper end of forecast for 2020

· Group operating EBIT of EUR 3.5 million well in excess of forecast for 2020

· Further increase in liquidity and reduction in net debt

· Forecast for 2020 confirmed (revenues down 10-15%, operating EBIT of EUR 1.0-2.5 million)

· Generation of additional measures to achieve a double-digit EBIT margin by 2022

Gelsenkirchen, 2020-11-11
In the nine-month period, the Masterflex Group (ISIN DE0005492938), exceeded its earnings forecast for the 2020 financial year, increased its liquidity and reduced its net debt despite the expected downturn in revenue. This was mainly due to the stable development in the third quarter and the systematic implementation of the measures forming part of the “Back to Double Digit” (B2DD) optimisation programme that was launched in the previous year.

In the first nine months of the current financial year, the Masterflex Group generated revenue of EUR 55.8 million, down 10.8% on the figure of EUR 62.5 million recorded in the same period of the previous year. This places Masterflex at the upper end of its full-year forecast, which anticipated a downturn in revenue of between 10% and 15% as a result of the coronavirus pandemic. The demand situation in the aviation, automotive and mechanical engineering industries remains challenging. This development is being partially offset by the positive demand trend in the promising growth industries of medical technology, food and pharmaceuticals, where Masterflex Group’s hose systems are experiencing growing demand, due in part to the coronavirus pandemic. The focus on these sectors gives the Masterflex Group a degree of stability in challenging times.

More detailed information on the business development of our Group in the 3rd quarter can be found here:
https://www.masterflexgroup.com/investor-relations/news-events/detail/solid-development-in-3rd-quarter-2020/

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