AURELIUS generates a record profit in the third quarter

24.10.2012

AURELIUS generates a record profit in the third quarter

  • Preliminary figures: Revenues for the first nine months up 7.1% to €1.02 billion
  • EBITDA for the first nine months up 237% to €164.7 million
  • Successful purchases (Thales CIS, Getronics, Briar Chemicals) and successful sales (Consinto, Schabmüller)
  • Tradeability of AURELIUS share unchanged. Closure of the Deutsche Börse First Quotation Board without impact on our share

Munich, October 24, 2012 – According to preliminary figures, the Munich-based AURELIUS Group (ISIN DE000A0JK2A8) generated total consolidated revenues of €1,017.4 million (Q1-Q3 2011: €949.5 million) in the first nine months of fiscal year 2012 (January 1 - September 30). This figure also includes the revenues generated by the subsidiaries that have been deconsolidated in the course of the current fiscal year. On an annualized basis, consolidated revenues amounted to €1,526.5 million (Q1-Q3 2011: €1,291.0 million).

EBITDA for the first nine months reaches a record level

Total Groupwide earnings before interest, taxes, depreciation and amortization (EBITDA) rose to arecord level of €164.7 million in the first nine months of fiscal year 2012 (Q1-Q3 2011: €48.8 million). After adjusting for the proceeds on the sale of deconsolidated subsidiaries, the income from the reversal of negative goodwill (“bargain purchase income”) and restructuring and non-recurring expenses, the operating EBITDA amounted to €61.3 million (Q1-Q3 2011: €72.3 million). 

Key figures

   
     

(in € millions)

01/01/2012 –

09/30/2012

01/01/2011 - 09/30/2011

 

 

 

Total consolidated revenues

 1,017.4

949.5

Consolidated revenues, annualized

 1,526.5

 1,291.0

 

 

 

Total EBITDA AURELIUS Group

164.7

48.8

- thereof gains/losses on the sale of deconsolidated subsidiaries

54.2

-4

- thereof bargain purchase income

89.5

-/-

- thereof restructuring and non-recurring expenses

-40.3

-19.5

- thereof operating profit

61.3

72.3

 

 

 

 

09/30/2012

12/31/2011

 

 

 

Cash and cash equivalents

195.9

154.4

Employees in the Group

 9,817

5,887 

 

Substantial profit and cash contribution from successful sales

The gains on the successful sales of the subsidiaries Consinto and Schabmüller in 2012 totaled €59.7 million. The sale proceeds boosted the Group’s cash and cash equivalents to €195.9 million as of the reporting date of September 30, 2012 (December 31, 2011: €154.4 million).

AURELIUS share can still be traded even after the closure of the First Quotation Board by Deutsche Börse AG

Effective December 17, 2012, Deutsche Börse AG will close the First Quotation Board, a sub-segment of the Open Market segment in which the share of AURELIUS AG has also been listed. However, this move will have no effect whatsoever on the ability to trade the shares of AURELIUS AG. Because the shares of AURELIUS AG have been traded in the Open Market segment of the Munich Stock Exchange (market segment m:access) for some time already, AURELIUS meets the requirements for listing in the so called Quotation Boards of the Frankfurt Stock Exchange. Therefore, the share will continue to be traded in the electronic trading system XETRA.