DGAP-News: Preliminary figures 2011 - Schaltbau Group grew more quickly than expected
(firmenpresse) - DGAP-News: Schaltbau Holding AG / Key word(s): Development of Sales
Preliminary figures 2011 - Schaltbau Group grew more quickly than
expected
18.01.2012 / 16:41
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Preliminary figures 2011
Schaltbau Group grew more quickly than expected
Munich, 18 January 2012 - The Schaltbau Group has exceeded its own growth
expectations for the fiscal year 2011. Preliminary figures indicate that
Group sales for the 12-month period were 13.8 per cent up on the previous
year, totalling EUR 319.2 million (2010: EUR 280.5 million). Sales figures
for the last quarter 2011 outperformed those posted one year earlier by
13.4 per cent to reach EUR 82.1 million (2010: EUR 72.4 million). Based on
preliminary calculations, earnings per share will total at least EUR 8.85,
confirming the forecast previously made by the Executive Board.
The Stationary Transportation Technology segment made an important
contribution to this growth and the segment's Brake Systems business field
showed a particularly fine performance. Full-year figures for the Rail
Infrastructure business field also improved sharply due to a very good
result in the final quarter. Again in 2011, the Mobile Transportation
Technology segment recorded an increase in sales revenues, emulating the
remarkable success of the previous year. Driven by a positive business
environment in key industrial fields and an overall reliable level of
investment in the railway sector, the Components segment also reported a
powerful upswing in sales for the year under report. The first-time full
consolidation of Schaltbau North America Inc. contributed EUR 7.0 million
towards this pleasing result.
In terms of order intake, preliminary figures for the Schaltbau Group show
an 18.7 per cent rise and total EUR 342.8 million for the fiscal year 2011
(2010: EUR 288.7 million). Order volume climbed by 7.3 per cent in the last
quarter of 2011 to EUR 68.7 million (2010: EUR 64.0 million).
Including the takeover of Tiefenbach GmbH, the Schaltbau Group expects
annual sales of around EUR 350 million. The Group now employs a workforce
of some 1,800 employees and is a leading supplier of components and systems
in the field of transportation technology. The enterprise supplies complete
level crossing systems,
shunting and signals technology, door systems for buses and trains,
industrial braking systems for container cranes and also power supply units
as well as high- and low-voltage components for railway vehicles. Its
innovative and future-oriented products make Schaltbau a key business
partner in the fields of transportation technology and industry.
End of Corporate News
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18.01.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: Schaltbau Holding AG
Hollerithstraße 5
81829 München
Germany
Phone: 089 - 93005 - 209
Fax: 089 - 93005 - 318
E-mail: bloch(at)schaltbau.de
Internet: www.schaltbau.de
ISIN: DE0007170300, DE000A0D66Z2,
WKN: 717030, A0D66Z2,
Listed: Regulierter Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin, Düsseldorf, Stuttgart
End of News DGAP News-Service
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153077 18.01.2012
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Datum: 18.01.2012 - 16:41 Uhr
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