DGAP-News: Aumann AG continues dynamic and profitable growth in the first half of 2018
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DGAP-News: Aumann AG / Key word(s): Half Year Results Aumann AG continues dynamic and profitable growth in the first half of 2018 - E-mobility segment with revenue growth of 81.5% - Revenue increases by 36.2% to a total of EUR133.4 million - Adjusted EBIT up 26.8% at EUR15.6 million
Aumann AG ("Aumann", ISIN: DE000A2DAM03) continued its dynamic and profitable growth into the second quarter of 2018 after the positive first three months of the year. Revenue rose to EUR133.4 million in the first half of the year after EUR98.0 million the year before, which equates to a plus of 36.2%. In the first six months, the high-growth E-mobility segment saw revenue growth of 81.5% to EUR48.8 million, compared with EUR26.9 million in the same period of the previous year. Adjusted earnings before interest and taxes (EBIT) improved to EUR15.6 million in the first half of 2018 and were thus 26.8% up on the previous year's figure of EUR12.3 million. This result currently puts Aumann clearly at the upper end of its forecast for the current financial year. With cash and cash equivalents of EUR101 million at the end of the first half of the year and an equity ratio of 59.7%, the group is in an excellent position for the planned further growth. Aumann has started the second half of 2018 with a strong order backlog of EUR203.3 million, which will contribute to further growth. To this end, the company plans to continue increasing its capacity organically and through acquisitions. The full half-year financial report for 2018 is available from the investor relations section of Aumann AG's website at www.aumann-ag.com/investor-relations.
Aumann is a world-leading manufacturer of innovative speciality machinery and automated production lines with a focus on e-mobility. The company combines unique winding technology for the highly efficient production of electric motors with decades of automation experience, particularly in the automotive industry. Leading companies around the world rely on Aumann solutions for the series production of purely electric and hybrid vehicle drives and on solutions for production automation. Further information is available online at www.aumann-ag.com.
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16.08.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| 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: | SDAX |
| 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 |
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