INDUS Holding AG

Earnings Release • Nov 17, 2015

News Details

Corporate | 17 November 2015 07:30

INDUS Group stays on growth track

DGAP-News: INDUS Holding AG / Key word(s): 9-month figures

2015-11-17 / 07:30

---

INDUS Group stays on growth track

– Sales revenues +12%, earnings after taxes +10%

– Some signs of a slowdown in the Automotive/MetalsTechnology segments

– INDUS voted Sector and Country Leader in the CDP project

Bergisch Gladbach, 17 November 2015 – In spite of a difficult macroeconomic environment, the companies of INDUS Holding AG reported strong business growth at the nine-month stage 2015. As at 30 September 2015, the Group posted sales revenues of EUR 1,035.0 million (Q3 PY: EUR 926.9 million). Earnings before interest and taxes (EBIT) amounted to EUR 98.9 million (Q3 PY: EUR 91.5 million). Adjusted for the effects of company acquisitions (mostly depreciation resulting from purchase price allocations), EBIT increased even more strongly by EUR 11.1 million to EUR 106.3 million (Q3 PY: EUR 95.2 million). At EUR 51.5 million, earnings after taxes were up by over 10% on the previous year (Q3 PY: 46.3 million).

Good demand from the USA and Europe

The Group’s revenues and earnings before interest and taxes rose by 12% and 8% (12% in adjusted terms), respectively; all five segments reported revenue increases of between 4% and 48%, with revenues in the Engineering and the Medical Engineering/Life Science segments showing the strongest growth (not least due to the latest acquisitions). The other three segments also grew as planned by between 4% and 6%. In spite of their higher revenues, the Automotive Technology and Metals Technology segments fell short of expectations as they were adversely affected by one-time effects resulting from series start-ups. This was offset by the excellent performance of the other segments.

Operating cash flow amounted to EUR 69.3 million as at 30 September 2015 (Q3 PY: EUR 53.0 million). At 41.3%, the equity ratio remained stable above the 40% target (31 December 2014: 42.0%). Cash outflow from investments reached EUR 75.3 million (Q3 PY: EUR 64.5 million); despite these investments in growth, liquidity was slightly higher than in the previous year, at EUR 101.3 million (Q3 PY: EUR 99.3 million). INDUS expects sales revenues for the full year to increase to EUR 1.3 billion and EBIT to come in at between EUR 125 and 130 million in spite of the difficult overall environment and some extraordinary charges.

INDUS voted Sector and Country Leader in the CDP

For several years, INDUS has participated in the CDP (formerly Carbon Disclosure Project) and was voted “Sector leader Industrials” in the DACH region and “Country Leader” on the occasion of the publication of the results in early November 2015.

“This means that INDUS Holding AG is one of the top ten companies in this sector in Germany, Austria and Switzerland and one of the eleven best companies from Germany outside the DAX and the MDAX,” says Susan Dreyer, Director CDP. Established in 2002, the non-profit organisation has meanwhile been joined by over 820 international large investors, making it the world’s largest independent investor initiative.

Contact:

Regina Wolter

Corporate Communications & Investor Relations

Phone +49 2204 4000 70

E-Mail wolter@indus.de

---

2015-11-17 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.

Media archive at www.dgap-medientreff.de and www.dgap.de

---

Language:	English
Company:	INDUS Holding AG
	Kölner Straße 32
	51429 Bergisch Gladbach
	Germany
Phone:	+49 (0)2204 40 00-0
Fax:	+49 (0)2204 40 00-20
E-mail:	indus@indus.de
Internet:	www.indus.de
ISIN:	DE0006200108
WKN:	620010
Listed:	Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Munich, Stuttgart

End of News	DGAP News Service

- - -
413497  2015-11-17