DGAP-News: AGO AG reports preliminary figures for 2011
(firmenpresse) - DGAP-News: AGO AG Energie + Anlagen / Key word(s): Preliminary Results
AGO AG reports preliminary figures for 2011
02.02.2012 / 09:33
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AGO AG reports preliminary figures for 2011
- Sales revenue 2011 of about von EUR million 69 (+30 percent) the highest
level in corporate history
- Liquid assets 2011 of about EUR million 7
- Incoming orders emphasize successful change of corporate strategy
Kulmbach, 2 February 2012: Die AGO AG Energie + Anlagen (WKN: A0LR41, ISIN:
DE000A0LR415) publishes key financial indicators of its corporate figures
2011 according to IFRS reporting. Sales revenue amounts therefore to EUR
million 69 for the year 2011 - the highest level of corporate history so
far. This corresponds to an increase by about 30 percent compared to the
year before (EUR million 52.8).
Liquid assets were significantly above expectations as of 31 December 2011.
Despite considerate but strategically necessary investments in 2011, a
liquidity of about EUR million 7 could be achieved (prior year: EUR million
10).
Incoming orders totaled EUR million 53 on 31 December 2011. During the last
year, incoming orders were marked by several major projects with a combined
order volume of EUR million 27, and reported the total amount of EUR
million 69. Order backlog quantified to about EUR million 28 at the end of
the business year 2011 (prior year: EUR million 46.8).
'Altogether, we are satisfied with the preliminary key financial indicators
of the business year 2011. In particular, the incoming orders of the past
months and the current project discussions reveal that we are on the right
track after the successfully implemented change of corporate strategy with
the focus on high margin energy projects in the area of decentralized
energy supply. This is how we intend to consequently expand our position as
top 10 CHP supplier of Germany according to the current CHP ranking in
2012. Already in January 2012, we registered incoming orders in the amount
of about EUR million 3.6. In general, we are showing a high capacity rate
for the next weeks,' said Hans Ulrich Gruber, C.E.O. of AGO AG Energie +
Anlagen.
The Group Annual Report 2011 of AGO AG Energie + Anlagen is estimated to be
published in April 2012 in the area of Investor Relations on the website
www.ago.ag.
About AGO AG Energie + Anlagen:
AGO AG Energie + Anlagen, with its registered office in Kulmbach, was
founded in 1980 and is specialized in the area of innovative and efficient
energy supply facilities for industrial customers and municipalities. Main
focus of AGO AG Energie + Anlagen is laid on the following business
divisions: plant development and implementation, as well as service and
consulting. The core competence of the company mainly commits to thermal
power stations, to heating, cooling and ventilation technology plant
construction, biomass cogeneration plants and trigeneration. Site studies
and development, consulting in energy efficiency, resource and fossil fuel
management as well as emission trade management - these factors complete
the business model. AGO symbolizes efficiency, security and technological
competence of your energy supply facilities.
Company contact:
AGO AG Energie + Anlagen
Am Goldenen Feld 23
D-95326 Kulmbach
www.ago.ag
T. +49 (0) 9221 602 0
F. +49 (0) 9221 602 149
ir-ago(at)ago.ag
Investor Relations contact:
GFEI AktiengesellschaftMarcus Kapust
Am Hauptbahnhof 6
60329 Frankfurt am Main
www.gfei.de
T. +49 (0) 69 743 037 00
F. +49 (0) 69 743 037 22
ir-ago(at)gfei.de
End of Corporate News
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02.02.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: AGO AG Energie + Anlagen
Am Goldenen Feld 23
95326 Kulmbach
Germany
Phone: +49 (0)9221 602-0
Fax: +49 (0)9221 602-149
E-mail: info(at)ago.ag
Internet: http://www.ago.ag
ISIN: DE000A0LR415
WKN: A0LR41
Listed: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Entry
Standard in Frankfurt
End of News DGAP News-Service
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