PREliminary results for the 2020 financial year

Disclosure of insider Information by Frauenthal Holding AG pursuant to Article 17 Para 1 Market Abuse Regulation

Vienna, 3. March 2021, 16:09 

According to preliminary financial statements, the Frauenthal Group's EBITDA in 2020 is expected to be in the range of 37 MEUR to 38 MEUR (previous year 1-12/2019: 67.1 MEUR). The IFRS 16 effect1) is expected to amount to 16.0 MEUR in the 2020 financial year (previous year 1-12/2019: 15.0 MEUR).

The negative developments on EBITDA result from revenue declines in the Frauenthal Automotive Division and from one-off restructuring costs in the Frauenthal Automotive Division of -4.5 MEUR. By contrast, EBITDA includes special income of 1.8 MEUR from a settlement with a consultant in connection with the EEG contribution. In the previous year, EBITDA included a non-recurring positive effect from a settlement in connection with a previous business acquisition in the amount of 13.5 MEUR.

Overall, there are impairment losses of -8.8 MEUR in the Group due to impairments in the Automotive Division (-4.5 MEUR) and impairment losses of the Prisma brand in the Trade Division (-4.3 MEUR) as detailed in the Half-Yearly Financial Report 2020.

The consolidated net result for the year is expected to be in the range of -14 MEUR to -15 MEUR (previous year 1-12/2019: 24.3 MEUR).

The figures shown are still preliminary consolidated IFRS figures for Frauenthal Holding AG. The annual financial report and the annual report of Frauenthal Holding AG will be published on 22 April 2021.

1) IFRS 16 regulates in particular the accounting treatment of leases by the lessee and the presentation of rents. In particular, rental expenses are no longer recognized as current expenses, but are instead recognized as depreciation and amortization in a similar amount. 

Download: EANS-Ad-Hoc (German)

EXPO 2022

Vienna, January 2021

The Frauenthal Trade Group wants MORE! More personal contact, more joy, more success.

Frauenthal is boldly taking the first steps and bringing the industry together again in January 2022. Planning for the third Frauenthal EXPO has already begun. The time will come in 365 days. In January 2022, the industry will meet again in Vienna's Marxhalle. 

Click here for the complete press release (German):

new Board Member Michael ostermann

Vienna, December 17, 2020

The Supervisory Board of Frauenthal Holding AG appointed DI Michael Ostermann as a member of the Executive Board from January 1, 2021 at its meeting today.

Michael Ostermann takes over responsibility for the Frauenthal Automotive Division and Investor Relations. The Supervisory Board today extended the mandate of CEO Hannes Winkler by a further three years until December 31, 2023. His responsibilities include the Frauenthal Trading Division, Legal Affairs, Internal Audit and Human Resources. Erik a Hochrieser, as CFO, continues to be responsible for Finance. At the request of Martin Sailer, the Supervisory Board and he have agreed not to extend his Executive Board contract, which expires on June 30, 2021. Until the end of his term of office, he will be responsible for Business Development. After that, he will work as an independent consultant and interim manager, focusing on M&A and restructuring. In addition to projects in the Frauenthal Group, his focus will be on medium-sized industrial companies in German-speaking countries.

Michael Ostermann was already a member of the Executive Board of Frauenthal Holding AG from 2005 to 2008 and before that held various positions in the Frauenthal Group for a further eleven years. He moved then to US battery manufacturer EXIDE Technologies for ten years, where he was responsible for the European and Asian markets. Most recently, he held a managing director position at iSi Automotive Holding. Johann Schallert, Chairman of the Supervisory Board, emphasizes: "We are delighted to have Michael Ostermann on board, who has a profound knowledge of our company. He was instrumental in building up our automotive division. Coupled with his international experience in the automotive and supplier industries, he will lead Frauenthal Automotive into the future." Michael Ostermann explains, "The biggest change in the automotive industry since its inception requires us as a supplier to adapt very quickly to the new conditions. To be among the winners here is our declared goal. I look forward to achieving this with former and new colleagues in the Frauenthal Group. In parallel, we must keep an eye on global developments with the strong Chinese market and provide solutions for our customers with global answers."




Gothenburg, 13.11.2020

Jörgen Oldenstedt, President & CO, Gnotec Group, gives an update on the Gnotec Group journey! 

Video Link

English subtitled


The new, still confidential, business will be supplied from Gnotec Inc with support from Gnotec Groups global production footprint, competence and sourcing.

The business will significantly grow and strengthen the Gnotec Group presence in USA and enhance our global market position for both the Automotive and Commercial Vehicle Industry.

Gnotec Inc, located in South Carolina, will next year prepare and invest in a new area, machines and people to manage the extensive long-term contract.

Jörgen Oldenstedt, President and CEO of Gnotec Group:

“I’m proud of the global Gnotec team that, during these tough times, with high competence and committed work managed to succeed with this important task. The new business is a result of great cooperation and utilization of the Gnotec Group combined people competencies. The business is of strategic importance and the magnitude of it will put Gnotec in a great position to further growth in the US.“

For further information, please contact:

Jörgen Oldenstedt, President and CEO, Gnotec Group, 
Phone: +46 70 556 80 33


Gnotec Group is a leading International manufacturer of metal Components and Airtanks to the demanding Automotive and Commercial Vehicle industry.

Our operations in China, Czechia, Germany, Slovakia, Sweden and USA have more than 1.200 employees and offers state of the art technology in Automatic pressing, Laser cutting, Press bending, Welding, other metal processes and assembly. We offer processes and solutions for different materials, thicknesses, complexities and applications.

High Automation together with Lean Manufacturing, Continuous improvement and Zero Defect Principle are our DNA at each plant and performed by highly skilled employees.

6,500 visitors at the frauenthal expo 2020

Exhibition highlight 2020: Frauenthal shows concentrated competence

What a way to start the New Year: from the 15th - until 17th January 2020 the new edition of Frauenthal EXPO took place in the Vienna Marxhalle: more space, more exhinitors, more visitors, more service. 

This trade fair for installers is a unique offer from the market leader to the industry. The wellchosen location, with over 120 exhibitors on 9,000 m² the perfect size and the well thoughtout supporting programme of novelties, fun and great catering convinced the approximately 6,500 visitors. 

In addition to the more than 120 exhibitors - from startups to global corporations - there was also an extensive supporting programme. Daily presentations of the industry as well as panel disussions with industry representatives took place on the stage. The fair offered many exciting highlights. In addition to the Apprentice Challenge, the Model Contest, the EXPO party that kept the hall quaking until after midnight, the marketplace with innovations up to the ISZ sales stand, information and entertainment as well as concrete business was possible. 

In short: the perfect mix for a successful trade fair event. 

Link to the photos:

Link to the video:

The countdown has started

The Frauenthal Handel Group starts the new year with a brilliant performance.

Frauenthal Expo 2020, the industry's successful format will find a new edition in January 2020: even better, even bigger and even more comfartable.

On around 9,000 m² (far more than twice as much as in 2018), there is room for even more exhibition stands and open spaces for entertainment. Exhibitors use the attractive EXPO setting to present their highlights. Visitors are delighted with the inspiring exhibition of the innovation leaders, which offers impulses for a successful future for allthose involved. The Frauenthal Group is delighted to be hosting this unique trade fair again. 

Date: 15th - 17th January 2020

For more information:

EXPO 2018:

Gnotec and Frauenthal Airtanks join forces 

The Frauenthal Automotive business units Gnotec and Airtanks join forces to become a stronger company supporting the Automotive and Commercial Vehicle Industry worldwide.

The Airtanks business unit will be organized within the Gnotec group as a separate division and will be headed by Johan Westberg, reporting to the CEO of Gnotec Group.

The enhanced Gnotec Group will strengthen its specialized position in stamping, welding, surface treatment and assembly of high quality and safety metal products to a wide range of customers in the Automotive and Commercial Vehicle Industry. The group revenue will reach close to 250 M€ with over 1500 skilled employees located in China, Europe and USA.

> to the article


Gnotec Group, the supplier of premium products to the automotive and commercial vehicle industry, has today officially inaugurated its first US manufacturing plant, in Orangeburg, South Carolina.

from left: Johan Westberg, General Manager, Gnotec Inc, Erika Hochreiser, Member of the board, Frauenthal, Mandy Shen, Logistic Manager, Gnotec Inc, Jörgen Oldenstedt, Chief Executive Officer and President, Gnotec Group, Dr Martin Sailer, member of the Board, Frauenthal. 

> to the article