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centrotec sustainable ag (CEV) Snapshot

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52 Week High
05/12/14 - €20.17
52 Week Low
04/10/14 - €3.57
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centrotec sustainable ag (CEV) Details

CENTROTEC Sustainable AG provides products and integrated system solutions in the areas of heating, ventilation, and climate control worldwide. It operates in three segments: Climate Systems, Gas Flue Systems, and Medical Technology & Engineering Plastics. The Climate Systems segment offers equipment for heating, ventilation, and cooling. This segment provides ventilation systems with ultra-efficient heat recovery; living-space air heaters and combined ventilation, heating, and cooling systems; heating systems running on gas or oil for wall or floor installation; heating systems based on renewable energies, such as solar, heat pumps, and biomass; and climate systems for commercial properties. The Gas Flue Systems segment manufactures and sells plastic gas flue systems for condensing boiler technology; metal and plastic gas flue systems for oil, conventional gas, and solid-fuel heating systems; technical products and components for the roof; and advanced composites for automotive and hi-fi components. The Medical Technology & Engineering Plastics segment develops, produces, and markets medical technology systems and solutions; OEM products and components for diagnostics and medical technology; spinal implants; and semi-finished products, prefabricated parts, and assemblies made from engineering plastics for medical technology and plant engineering. CENTROTEC Sustainable AG is based in Brilon, Germany.

3,124 Employees
Last Reported Date: 11/14/14

centrotec sustainable ag (CEV) Top Compensated Officers

Director of Medical Technology & Engineering ...
Total Annual Compensation: €470.0K
Total Annual Compensation: €758.0K
Compensation as of Fiscal Year 2013.

centrotec sustainable ag (CEV) Key Developments

CENTROTEC Sustainable AG Presents at 10th SRI Conference, Feb-04-2015

CENTROTEC Sustainable AG Presents at 10th SRI Conference, Feb-04-2015 . Venue: Hilton, Hochstrabe 4, 60313 Frankfurt/Main, Germany.

CENTROTEC Sustainable AG(DB:CEV) dropped from Germany SDAX (Total Return) Index

CENTROTEC Sustainable AG will be removed from Germany SDAX (Total Return) Index.

CENTROTEC Sustainable AG Reports Earnings Results for the Third Quarter and First Nine Months of 2014; Revised Revenue Guidance for the Fourth Quarter and Full Year of 2014

CENTROTEC Sustainable AG reported earnings results for the third quarter and first nine months of 2014. The company generated revenue of EUR 146.3 million and EBIT of EUR 14.7 million in the third quarter of 2014. The figures for the corresponding period of the previous year were EUR 147.1 million and EUR 15.2 million respectively. The company reported aggregate revenue for the first three quarters of the year came to EUR 390.5 million against EUR 383.0 million for the previous year. Operating result (EBIT) was EUR 20.3 million against EUR 22.2 million for the previous year. The main reason for the subdued business performance is the general weakening of Germany's economy, which is also reflected in a noticeable slow down in the sales market for heating systems since mid-w ay through the year. International markets, too, are currently exhibiting no positive momentum whatsoever: the market conditions in France, the Netherlands, Italy and Spain remain cyclically weak. Austria and Eastern European markets are being adversely affected by the crisis in Russia and Ukraine. These developments have continued beyond the third quarter. In light of this environment, and taking account of the record result posted in the fourth quarter of the previous year along with its experience of how the current quarter is progressing, CENTROTEC expects full-year EBIT to reach the range of EUR 32 to 34 million, with revenue towards the lower end of its original forecasting range of EUR 525 to 550 million.


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