ELARIS AG forecasts sales of EUR 150-200 million for 2024 - 17.04.2024/10:06

Publication of inside information in accordance with Article 17 of Regulation (EU) No 596/2014

ELARIS AG forecasts sales of EUR 150-200 million for 2024

Bad Dürkheim, 17 April 2024 - The Management Board of ELARIS AG ("ELARIS", ISIN DE000A37FT17) today for the first time issued a forecast for revenue development in the 2024 financial year. Accordingly, sales of EUR 150-200 million are expected for the current financial year. ELARIS also anticipates a clearly positive EBITDA in the 2024 financial year. The basis for the 2024 forecast is the very successful operating business performance to date. ELARIS already has pre-orders for e-cars totalling more than EUR 40 million.

Growth will be driven by the expansion of the model range, such as the launch of the ELARIS JAO, as well as further internationalisation. In addition to Germany, Austria, Switzerland and Turkey are also important international markets. Expansion into Italy has also already been accelerated.

17.04.2024 / 10:06

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