AUMANN AGINH O.N.
AUMANN AGINH O.N.
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Ticker: AAG
ISIN: DE000A2DAM03

DGAP-News: Aumann grows revenues by 25% and order intake by 51% in first quarter 2018

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DGAP-News: Aumann AG / Key word(s): Quarterly / Interim Statement
Aumann grows revenues by 25% and order intake by 51% in first quarter 2018

14.05.2018 / 10:05
The issuer is solely responsible for the content of this announcement.


Aumann grows revenues by 25% and order intake by 51% in first quarter 2018

 

Beelen, 14 May 2018

Aumann AG ("Aumann", ISIN: DE000A2DAM03) grew by 25.3 % in the first quarter 2018 compared to the first quarter of the previous year and reached revenues of EUR63.2 million. Revenues in the E-mobility segment reached EUR19.7 million, corresponding to a growth of 39.1% compared to the previous year.

Order intake increased by 50.9 % to EUR72.4 million of which 43.5 % were in the E-mobility segment. Taking into account the large number of new orders in the fourth quarter 2017, Aumann is very content with the continuing high order dynamic. At the end of March 2018, total order backlog reached EUR213.3 million, which was 64.5% higher than in the previous year. E-mobility accounted for 38.7 % of the order backlog.

Adjusted EBIT in the first three months reached EUR7.5 million, corresponding to an EBIT margin of 11.9 %. Profitability was especially positive in the E-mobility segment, where the EBIT-margin reached 14.2 %. The increase in profitability reflects the company's progress in eliminating capacity bottlenecks which occurred in the second half of 2017.

In order to meet the strong market demand, Aumann plans to further expand its capacities organically and through acquisitions. With EUR102.6 million in cash and an equity ratio of 52.8%, the company has plenty resources for these investments. In 2018, Aumann expects to grow revenues to more than EUR300 million and adjusted EBIT to between EUR28 and EUR31 million.

The complete financial report for the first quarter 2018 is available at www.aumann-ag.com.


About Aumann AG

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
Dieselstraße 6
48361 Beelen
Germany
www.aumann-ag.com

Executive Board
Rolf Beckhoff (CEO)
Ludger Martinschledde (CEO)
Sebastian Roll (CFO)

Supervisory Board
Gert-Maria Freimuth (Chairman)
Christoph Weigler
Klaus Seidel

Court of registration
Amtsgericht Münster, Registernummer: HRB 16399

For questions please contact:
Alexander Kamb
+49 2586 888 7720
[email protected]

Press contact:
edicto GmbH
Dr. Sönke Knop
+49 69 905 505 51
[email protected]



14.05.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


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
Indices: TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange

 
End of News DGAP News Service

685235  14.05.2018 

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