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Aumann AG
Earnings Release • May 5, 2017
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Earnings Release
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News Details
Ad-hoc | 5 May 2017 07:50
Aumann AG: Aumann grows by more than 30% in first quarter 2017 and increases its profitability
Aumann AG / Key word(s): Quarter Results/Quarter Results
05-May-2017 / 07:50 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Disclosure of an inside information acc. to Article 17 MAR
Aumann grows by more than 30% in first quarter 2017 and increases its profitability
– EUR50.5 million in revenue in first quarter underpin strong growth
– EBIT margin increases to 12.7% thanks to high profitability in E-Mobility segment
– Revenue share of E-Mobility segment grows to 28.1%
Beelen, 5 May 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 EUR50.5 million in the first quarter of 2017, according to preliminary figures. This corresponds to a growth of 31.9% compared to the same period in the previous year, in which revenues amounted to EUR38.3 million. EBIT increased by 64.1% to EUR6.4 million compared to an EBIT of EUR3.9 million in the first quarter of the previous year. EBIT margin therefore improved by 2.5 percentage points to 12.7%. Earnings per share reached EUR0.32 in the first three months of 2017. Order intake amounted to EUR48.0 million.
Aumann benefits from the strong demand for automated production lines for E-mobility and achieved revenues of EUR14.2 million in its E-Mobility segment. This corresponds to a growth of 49.5% compared to the same period in the previous year and means that 28.1% of total revenues came from this segment. Compared to the previous year, EBIT in the E-Mobility segment grew by 136.4% to EUR2.6 million. The share of EBIT coming from the E-Mobility segment therefore reached 39.9%. Order intake in the E-Mobility segment amounted to EUR16.7 million in the first quarter.
In the context of the exceedingly successful Aumann IPO with commencement of trading on the regulated market of the Frankfurt Stock Exchange on 24 March 2017, the company received gross proceeds of EUR63.0 million from new shares. The proceeds will especially be used for financing Aumann’s growth strategy in the promising field of E-Mobility. With cash of EUR80.2 million and net cash of EUR61.4 million at the end of the quarter, the company has sufficient funds for continuing rapid growth.
The financial report for the first quarter will be released on 31 May 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
05-May-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| 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 Announcement | DGAP News Service |