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Aumann AG
Earnings Release • Aug 7, 2017
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Earnings Release
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Corporate | 7 August 2017 08:30
Aumann AG: Aumann increases revenue in first half of 2017 by more than 35%
DGAP-News: Aumann AG / Key word(s): Half Year Results/Preliminary Results
07.08.2017 / 08:30
The issuer is solely responsible for the content of this announcement.
Aumann increases revenue in first half of 2017 by more than 35%
– Revenue grows to EUR98.0 million in first half-year
– EBIT margin at 12.6% considerably above previous year
– Capacity increase lays foundation for further growth
Beelen, 7 August 2017
Aumann AG (“Aumann”, ISIN: DE000A2DAM03), a globally leading supplier of innovative specialised machinery and automated production lines with focus on e-mobility, achieved revenues of EUR98.0 million in the first half-year of 2017, according to preliminary figures. This corresponds to an increase of 35.3% compared to the same period in the previous year, in which revenues amounted to EUR72.4 million. EBIT increased by 57.3% to EUR12.3 million compared to an EBIT of EUR7.8 million in the first half of the previous year. EBIT margin therefore improved by 1.8 percentage points to 12.6%. Earnings per share reached EUR0.61 in the first six months of 2017. Order intake amounted to EUR107.4 million at the end of the half-year and order backlog reached EUR141.7 million.
Aumann achieved especially high growth rates in its E-mobility segment. Particularly the ongoing high demand for automated production lines in the e-mobility field let the segment revenue grow to EUR26.9 million, corresponding to an increase of 45.9% compared to the first half of the previous year. EBIT in the E-mobility segment was 65.0 % higher than in the previous year and reached EUR4.8 million. The share of EBIT in the E-mobility segment was 38.7% of total EBIT. Order intake in the E-mobility segment grew by 55.0% to EUR37.6 million.
Aumann is continuously expanding its capacities in order to lay the foundations for further growth. In the first half of 2017, the number of employees in Germany, China and the US grew by more than 10.0% to 614. At the same time, a new production hall with 3.296 square meters in space was opened. Further production halls as well as a new office building are currently under construction. Despite the high investments and the growth-related increase in working capital, Aumann has liquidity of EUR57.3 million to finance its further growth.
The financial report for the first quarter will be released on 31 August 2017 on 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:
Constantin Mang
+49 162 426 08 74
Press contact:
edicto GmbH
Dr. Sönke Knop
+49 69 905 505 51
07.08.2017 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.
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| 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 |
| 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 |