Earnings Release • Mar 12, 2019
Earnings Release
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MARCH 11, 2019
"With its involvement in the demerger process with PSB Industries and its market listing, 2018 was an unusual, structuring year for Baikowski®. The Group, with solid economic performances on markets where its innovative offer has the most impact, is entering an exciting new phase alongside all its employees, clients and longstanding shareholders."
*Audit status of the 2018 annual accounts: the auditing of the accounts has been completed and the statutory auditors' report is being prepared.
Consolidated revenue for the 2018 financial year amounted to €42.2M, up 6.9%. EBITA was of €5.5M, up 9.2%, and EBIT was at +10.5%. The group's share of net income reached €4.5M, up 5.2% compared with 2017. Equity amounted to €29.8M with net debt of €9.6M, allowing the Group to post strong financial ratios.
With a new roadmap introduced within the framework of its IPO (December 2018), the Group has what it needs to put forward its development-through-innovation strategy on high-tech markets.
Next important date: presentation of the 2018 annual results to analysts on 10 April 2019
About Baikowski®: Baikowski® has existed for a hundred years and is a leading manufacturer of specialist industrial minerals and, more particularly, of ultra-pure alumina powders and formulations as well as of other high-quality oxides and composites such as spinel, ZTA, YAG and ceria for technical ceramic applications, precision polishing, crystals and additives or coverings. The quality of Baikowski®'s products is appreciated by a variety of high-tech markets including the lighting, watchmaking, telephone, microelectronic, automotive, defense and medical industries. In 2017, Baikowski® achieved revenue of €40 million.
Contact:
Financial communications Jérôme Gacoin +33 (0)1 75 77 54 65 [email protected]
www.baikowski.com - [email protected] Euronext: ALBKK - ISIN: FR0013384369
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