INDUS Holding AG

Earnings Release • Nov 24, 2011

News Details

Corporate | 24 November 2011 08:09

INDUS Holding AG continues to hit new records

INDUS Holding AG / Key word(s): Interim Report

24.11.2011 / 08:09

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INDUS Holding AG continues to hit new records

• Net income rises 65% to EUR 51.4 million in Q3
• 2011 EBIT forecast raised to EUR 115 million

Bergisch Gladbach, November 24, 2011 - INDUS Holding AG, the specialist for
investments in industrial SMEs, continues its record streak at the
nine-month stage of the financial year 2011. Between January and September
2011, the SDAX-listed company increased its sales revenues by around around
117 million (+16%) to EUR 826.7 million (2010: EUR 710.0 million). Earnings
before interest and taxes (EBIT) increased by a disproportionate 22% to EUR
92.6 million (2010: EUR 76.2 million). The EBIT margin climbed to 11.2%
(2010: 10.7%).

Higher sales and earnings in all five segments

Compared to the previous year, the third quarter was characterised by
continued dynamic growth, with the Construction/Infrastructure segment
showing a particularly successful performance. In view of the results,
Helmut Ruwisch, CEO of INDUS Holding AG, sees no signs of a crisis within
the INDUS Group: 'We steadfastly continued our growth strategy in the third
quarter. Our subsidiaries benefit from good demand in all five segments. At
this stage already, it is safe to say that 2011 will be our best year to
date.'

Stable funding structure facilitates continued growth

As became evident at the half-year stage, interest expenses in 2011 are on
a steady decline and dropped from EUR 19.3 million to EUR 16.0 million.
Helmut Ruwisch also points to the capital increase effected in November.
'We have thus laid the ideal basis for continued profitable growth. We have
additional liquid funds of EUR 37 million from the capital increase as well
as comfortable credit lines to finance our growth.' At the end of
September, the Group's equity ratio stood at 33.4% (December 31, 2010:
31.8%).

Outlook: Record revenues and margin expected for FY 2011

In view of the positive business performance, INDUS has raised the forecast
for the financial year 2011. INDUS projects sales revenues in excess of EUR
1.1 billion and EBIT of around EUR 115 million for the full year. The EBIT
margin would thus be clearly within the target range. INDUS expects the
economy to lose momentum in 2012. While there are no signs of a crisis in
the INDUS Group, INDUS believes that external factors such as the euro debt
crisis may put a damper on the economy.

INDUS Holding AG in Figures

Euro millions Q1-Q3 2011 Q1-Q3 2010*

Sales 826.7 710.0
EBITDA 122.4 107.0
EBIT 92.6 76.2
EBT 76.7 56.8
Net result for the period
(allocable to INDUS shareholder) 51.4 30.7

Operating cash flow 56.9 64.6
Cash flow from operating activities 39.7 45.8
Cash flow from investing activities -28.5 -38.5
Cash flow from financing activities -34.3 -11.3
Cash and cash equivalents 73.7 88.9

Earnings per share (in Euro) 2.55 1.77
Cash flow per share (in Euro) 1.96 2.50

Employees (number as of September 30) 6.315 5.958
Investments (number as of September 30) 39 40

Euro millions Sept. 30, 2011 Dec. 31, 2010

Total assets 1,030.10 973.1
Equity 343.9 309.5
Net debt 386.4 379.4
Euqity ration (in %) 33.4 31.8

*Previous year's figures adjusted

The full report on the first nine months of 2011 is available at
www.indus.de.

Contact:
Regina Wolter
Corporate Communications & Investor Relations
Phone +49 2204 4000 70
E-Mail wolter@indus.de

End of Corporate News

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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: Regulierter Markt in Düsseldorf, Frankfurt (Prime
Standard); Freiverkehr in Berlin, Hamburg, München,
Stuttgart

End of News DGAP News-Service

147443 24.11.2011