AALBERTS NV overview

Utrecht, 11 May 2021 Aalberts made a good start of the year. In the first four months we realised an organic revenue growth of 15% compared to last year. The orderbook end of April was 30% higher than last year. Activities in our eco-friendly buildings end market did very well in all regions. Several growth drivers are contributing to this good performance. First, the market recovery and the restocking of the distribution channels after the COVID-19 impact last year. Secondly, end users are...

Utrecht, 15 April 2021 Aalberts N.V. has reached an agreement to acquire 100% of the shares of Sentinel Performance Solutions Group Limited (Sentinel) based in Daresbury (UK), generating an annual revenue of approximately GBP 20 million with 60 FTE. Sentinel is specialised in the cleaning, protecting and maintenance of heating and cooling systems in eco-friendly buildings through the optimisation of water quality. The Sentinel portfolio of additives, filters, and scale protection ensures optimum...

Utrecht, 24 February 2021 highlights o limited number of COVID-19 infections; continued operations in a safe way o revenue EUR 2,610 million; organic decline 7.0% o orderbook at year-end 9.3% higher than last year o EBITA amounted to EUR 283* million; as a % of revenue 10.8* o net profit before amortisation EUR 200* million; per share EUR 1.81* o strong free cash flow of EUR 339 million o net debt (before IFRS 16) reduced with 24% to EUR 444 million o continued investments and innovations;...

Utrecht, 26 October 2020 With the health & safety of our people being most important we continued the strong focus on preventive safety actions in our operations. Deliveries and service to our customers were good and our people successfully adopted new ways of working. In the third quarter our business further recovered. September YTD compared to last year organic revenue declined with 9.4%, orderbook was 4.4% higher and net debt (before IFRS-16) reduced with 16%. We continued investments in...

Utrecht, 22 July 2020 highlights o revenue EUR 1,287 million; organic -11.1% o operating profit (EBITA) EUR 121.7 million; EBITA-margin 9.5% o net profit before amortisation EUR 85.6 million; per share EUR 0.77 o solid cash flow from operations EUR 68 million o orderbook end of June higher than last year o continued investments and innovation initiatives; CAPEX EUR 53.8 million o acceleration strategy: one-off full year strategic restructuring cost of approx. EUR 40 million with an annual...

Utrecht, 23 June 2020 Aalberts faced a limited number of COVID-19 infections till now. Our preventive safety actions, installed beginning of March, are working well. Only a few locations in Southern Europe were closed for several weeks, due to governmental instructions. All impacted sites reopened beginning of May. In the first five months of the year our organic revenue declined with 12% compared to last year, due to COVID-19. Our orderbook end of May was at the same level as last year. Our net...

Utrecht, 14 May 2020 Aalberts announces that the information regarding the virtual Annual General Meeting of Shareholders (AGM), which is rescheduled for 25 June 2020, is now available at aalberts.com/generalmeeting . This information includes the agenda and annexes thereto. The virtual AGM commences at 11:00 am CEST at the offices of Aalberts. Given the COVID-19 outbreak, the related health risks and the precautionary measures invoked by the Dutch government, the general meeting will be a...

Utrecht, 2 April 2020 In the first quarter COVID-19 had a limited impact on Aalberts’ operations and performance. Luckily, we faced a small amount of infections amongst the employees of our manufacturing and service locations till now, due to our preventive safety actions, installed already beginning of March. Despite the challenging market circumstances we have been able to continue the Aalberts operations in Europe and North America. Our manufacturing locations in APAC have returned to...

Utrecht, 26 March 2020 In light of the recent guidelines of the Dutch government surrounding the outbreak of COVID-19 and Aalberts’ concern for the health of its shareholders, members of the Management Board and Supervisory Board and employees, the AGM that was scheduled for 22 April 2020 is postponed to 25 June 2020. In order to have a sound dialogue with its shareholders, Aalberts prefers a physical meeting which is not possible due to legal regulations. According to the statutory notice...

Utrecht, 27 February 2020 highlights o revenue +3% to EUR 2,841 million (organic +1.1%) o operating profit (EBITA) EUR 362.6 million with an EBITA-margin of 12.8% o net profit before amortisation EUR 267.4 million; per share EUR 2.42 (-3%) o free cash flow EUR 312.1 million; ROCE 15.1% (before IFRS 16) o increased investments in organic growth and innovation initiatives o portfolio optimisation: acquired PPC and Applied, annual revenue USD 62 million; divested STAG and HFI, annual revenue EUR 30...

Utrecht, 27 January 2020 Aalberts started the construction of two new facilities in the Benelux. The total combined Aalberts investment for the coming 4 years will be approximately EUR 60 million in land, buildings and equipment. The investments support and drive our business plans, creating long-term shareholder value. As presented during our Capital Markets Day in December 2019, Aalberts will further narrow the focus through portfolio optimisation and acceleration of our organic growth and...

Utrecht, 29 July 2019 Aalberts N.V. has reached an agreement to acquire 100% of the shares of Applied Process (Applied), based in three locations in the USA, Livonia (Michigan), Oshkosh (Wisconsin) and Fort Smith (Arkansas), generating an annual revenue of approximately USD 26 million with 130 FTE. Applied is a technology leader in the austempering process, a specialised heat treatment technology to solve complex engineering problems. Most of the business is derived from engineering conversions,...

Utrecht, 25 July 2019 highlights organic revenue growth +3% operating profit (EBITA) +5% to EUR 187.5 million; EBITA margin improved to 13.1% net profit before amortisation +6% to EUR 137.8 million; earnings per share EUR 1.25 (+6%) acceleration of innovation and organic growth initiatives bolt-on acquisition Precision Plating Company (PPC), Chicago, USA Attachment full press release in pdf...

Utrecht, 1 May 2019 Aalberts N.V. has reached an agreement to acquire 100% of the shares of Precision Plating Company, Inc (PPC) based in Chicago, USA, generating an annual revenue of approximately USD 36 million with 150 FTE. Founded in 1904, PPC is active in the field of reel-to-reel plating and barrel & rack plating processes with a strong focus on R&D, customised engineering and innovation. The company develops and builds its own machinery to continuously improve the efficiency of the...