DGAP-Adhoc: Aumann AG grows by 35% in 2017 and expects growth of at least 43% in 2018
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DGAP-Ad-hoc: Aumann AG / Key word(s): Preliminary Results/Forecast Disclosure of inside information acc. to Article 17 MAR Aumann AG grows by 35% in 2017 and expects growth of at least 43% in 2018
Beelen, 22 February 2018 Aumann AG ("Aumann", ISIN: DE000A2DAM03) grew by 34.8% in 2017 and achieved another revenue record of EUR210.4 million according to preliminary figures. The E-mobility segment accounted for 28.9% of revenues. In the fourth quarter 2017, revenue reached EUR70.0 million corresponding to an increase of 63.3% compared to the same quarter of the previous year. Order intake in the full year increased by 48.5% to EUR282.3 million of which 36.2% were in the E-mobility segment. In the fourth quarter, order intake was at a very high level of EUR147.0 million. This includes a backlog of EUR43.0 million from USK's first consolidation in October. At the end of 2017, total order backlog reached EUR204.2 million, which was 54.4% higher than in the previous year. E-mobility accounted for 34.6% of the order backlog. Adjusted EBIT in 2017 reached EUR21.0 million, corresponding to an EBIT margin of 10.0%. After EBIT in the third quarter was EUR2.8 million due to capacity bottlenecks, EBIT in the fourth quarter was already back at EUR5.9 million. This includes adjustments of EUR0.9 million for PPA and acquisition-related costs. Especially the E-mobility segment increased its profitability considerably to an EBIT of EUR1.8 million. In 2018, Aumann expects to increase revenues to more than EUR300 million, corresponding to a growth of at least 42.6%. In light of dynamic growth and the progressing integration of USK, Aumann expects an adjusted EBIT between EUR28 and EUR31 million. In order to tackle the strong market growth, the company plans to further expand its capacities organically and through acquisitions. Cash of EUR106.7 million and an equity ratio of 55.5% at the end of 2017 provide ample resources for these investments. The complete financial report 2017 will be released on 25 April 2018 on www.aumann-ag.com.
Aumann is a leading manufacturer of innovative specialised machinery and automated production lines with focus on e-mobility. The company combines unique winding technology for the highly efficient manufacturing of electric motors with decades of automation experience, particularly for the automotive industry. Leading companies worldwide count on Aumann's solutions for the serial production of electric and hybrid drivetrains as well as solutions for automated production lines. Further information on Aumann can be found at www.aumann-ag.com. Aumann AG Executive Board Supervisory Board Court of registration For questions please contact: Press contact:
22-Feb-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Aumann AG |
| Dieselstraße 6 | |
| 48361 Beelen | |
| Germany | |
| Phone: | +49 (0) 2586 888-0 |
| Fax: | +49 (0) 2586 888-7100 |
| E-mail: | [email protected] |
| Internet: | www.aumann-ag.com |
| ISIN: | DE000A2DAM03 |
| WKN: | A2DAM0 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| End of Announcement | DGAP News Service |
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656639 22-Feb-2018 CET/CEST
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