R-LOGITECH S.A.M.: R-LOGITECH implements resolutions of the noteholders’ meeting and successfully extends the maturity of its bond

R-LOGITECH implements resolutions of the noteholders’ meeting and successfully extends the maturity of its bond

Monaco, 11 May 2023 – R-LOGITECH S.A.M. announces that the resolutions of the 2nd noteholders’ meeting of 29 March 2023 regarding the bond 2018/2024 (ISIN: DE000A19WVN8) have been implemented, following completion of the necessary conditions. 

The terms and conditions of the bond have been amended in accordance with the resolutions passed and have been filed with Clearstream Banking AG. The bond will be re-admitted for trading on the Frankfurt Stock Exchange shortly.

Full year 2022 and Q1 2023 update:

As reported on the company’s website (R-LOGITECH), the company’s full year 2022 consolidated revenue increased to EUR 1.16 billion (vs. EUR 896 million full year 2021) with full year 2022 adjusted consolidated EBITDA increasing to EUR 159 million (vs. EUR 140 million full year 2021).

The company reports a strong start to 2023 with Q1 2023 consolidated revenues increasing to EUR 273 million (2.5% increase from EUR 267 million in Q1 2022) and adjusted consolidated EBITDA increasing to EUR 38 million (8.1% increase from EUR 35 million in Q1 2022).

About R-LOGITECH S.A.M.:

R-LOGITECH is one of the leading international ports infrastructure operators and logistics services providers in the natural resources sector. The group’s primary business lines are port and terminal management and specialist logistics.

For further information:

Brunswick

Patrick Handley, Tom Pigott

+44 (0) 20 7404 5959

Better Orange IR & HV AG

Frank Ostermair, Linh Chung

+49 (0) 89 8896906 25

linh.chung@better-orange.de