JOST is a leading global producer and supplier of safety-critical systems for the commercial vehicle industry. The group comprises 46 companies in 27 countries and has 24 production sites worldwide. The company is headquartered in Neu-Isenburg, Germany.
Under its four brands JOST, ROCKINGER, TRIDEC and Quicke, JOST offers a broad range of products for transport and agriculture. Long-standing customer relationships and a capital-efficient business model strengthen JOST's global leading position as a supplier of fifth wheels, landing gears and agricultural front loaders. JOST's strategy is geared towards sustainable, profitable growth.
JOST in fiscal year 2024
Sales revenue |
Adj. EBIT € 113m |
Adj. EBIT margin 10.6 % |
Employees 4,239 |
Leverage 0.861x |
Adj. EPS € 5.20 |
| Previous Close | 53.00 EUR |
| Change (%) | -2.75 |
| Market Cap (EUR) | 0.79 bn |
| Market | XETRA |
| Number of shares | 14,900,000 |
| List | Prime Standard |
| Key figures (in € thousands) | 2022 | 2023 | 2024 |
|---|---|---|---|
| Income Statement | |||
| Sales revenues | 1,264,606 | 1,249,704 | 1,069,400 |
| Adjusted EBITDA | 154,492 | 173,094 | 148,127 |
| Adjusted EBITDA-margin (%) | 12.2 | 13.9 | 13.9 |
| Adjusted EBIT | 123,841 | 140,758 | 112,957 |
| Adjusted EBIT-margin (%) | 9.8 | 11.3 | 10.6 |
| Profit after taxes | 59,846 | 52,291 | 52,602 |
| Adjusted profit after taxes | 85,858 | 92,990 | 77,427 |
| Balance Sheet | |||
| Equity | 360,209 | 382,239 | 405,450 |
| Equity ratio (%) | 35.9 | 38.0 | 40.4 |
| Net debt | 196,885 | 180,336 | 126,409 |
| Leverage (x) | 1.28 | 1.00 | 0.86 |
| Gearing (%) | 54.7 | 47.2 | 31.2 |
| Total assets | 1,004,580 | 1,005,165 | 1,004,588 |
| Cash Flow Statement | |||
| Capex | 32,324 |
30,835 |
33,342 |
| Capex ratio (%) | 2.6 | 2.5 | 3.1 |
| Free cash flow | 23,693 | 112,266 | 115,105 |
| Cash conversion rate | 0.28 | 1.21 | 1.49 |
| ROCE (%) | 18.2 | 21.0 | 17.1 |
| Cash and cash equivalents | 80,681 | 87,727 | 139,667 |
| Share | |||
| Number of shares | 14,900,000 | 14,900,000 | 14,900,000 |
| Adjusted EPS (in €) | 5.76 | 6.24 | 5.20 |
| Dividend per share (in €) | 1.40 | 1.50 | 1.50 |
| Dividend yield (%) | 2.7 | 3.4 | 3.3 |
Dividend policy
- The planned dividend payout ratio is 25% to 30% of consolidated adjusted net income after taxes.
- JOST pursues a consistent dividend distribution policy, taking into account the company's performance and capital requirements.
