Aurelius SE & Co. KGaA

Earnings Release • May 12, 2009

News Details

Corporate | 12 May 2009 09:57

First quarter results of AURELIUS reflect negative impact of the economic crisis coinciding with favorable investment opportunities

AURELIUS AG / Preliminary Results

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* Preliminary figures show a first-time operating loss resulting from the
economic crisis
* A significant bargain purchase effect nevertheless allowed EBITDA to grow
to EUR 31.8 million at the same time

Munich, 12 May 2009. In the first quarter of 2009, the effects of the
global economic crisis were reflected in the operating performance of
AURELIUS, the industrial holding company headquartered in Munich. According
to the preliminary figures made available today, the Group generated
revenue from continuing operations of EUR 195.9 million in the first three
months compared to EUR 127.2 million in the previous year (+54.0 %). The
increase in revenue is mainly attributable to acquisitions made in the
second half of 2008 and in the first quarter of 2009 and their addition to
the consolidated group of AURELIUS AG.

Earnings before interest, taxes, depreciation and amortization (EBITDA)
increased significantly in a like manner, rising to EUR 31.8 million
compared to EUR 4.4 million in the previous year (+622.7 %). The strong
increase was due to the bargain purchase effect from BCA, Consinto and LD
Didactic recognized under acquisition accounting during the initial
consolidation of these companies in the first quarter of 2009. The bargain
purchase effects from Blaupunkt are not yet included since the initial
consolidation of that company has not yet been completed at this time. The
operating activities of AURELIUS were noticeably impacted by the negative
economic environment, posting a loss of approximately EUR 3.6 million.

Dr. Dirk Markus, Chairman of the AURELIUS Management Board, commented on
this: 'Our corporate group, like others, was unable to escape the effects
of the extremely negative market environment. While we are also benefiting
from this situation, in that it offers us a multitude of attractive
investment opportunities our operating businesses had to cope with
significant declines in revenue and results at the same time. The French
mail order operations and the 'Industrial Production' segment were hit
particularly hard.'

AURELIUS intends to take advantage of the current favorable investment
opportunities by actively pursuing further acquisitions and has set cash
funds in the range of 8 figures in euro aside for that purpose.

The company will publish the complete first quarter report on 28 May 2009.
For further information on AURELIUS please contact:

Ingo Middelmenne
Investor Relations & Corporate Communications
Phone +49 (89) 544799 56
Fax +49 (89) 544799 55
ingo.middelmenne@aureliusinvest.de

About AURELIUS AG
Munich-based AURELIUS AG acquires medium-sized companies and subsidiaries
that no longer belong to the core business of their previous owners.
AURELIUS also takes over companies with complex initial structures and
actively continues to develop them. With the aid of a specialized task
force, the company raises the value-added potential of its subsidiaries for
the benefit of all involved while at the same time observing the associated
social responsibility. The shares of AURELIUS AG are traded on the open
market of the Frankfurt stock exchange (ISIN: DE000A0JK2A8).
12.05.2009 Financial News transmitted by DGAP

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