DGAP-News: INDUS marks new records in 2011
(firmenpresse) - DGAP-News: INDUS Holding AG / Key word(s): Preliminary Results
INDUS marks new records in 2011
07.03.2012 / 07:30
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INDUS marks new records in 2011
- Sales revenues of EUR 1.1 billion, EBIT of EUR 118 million
- Net income for the year up by 30%
Bergisch Gladbach, March 7, 2012 - INDUS hit new sales, EBIT and profit
records in 2011, which was a highly successful year in operational terms.
'We not only reached but clearly exceeded the targets announced for the
Group at the beginning of the year,' said CEO Helmut Ruwisch. Total Group
sales increased by 13% from approx. EUR 972 million to EUR 1.1 billion in
FY 2011. Preliminary earnings before interest and taxes (EBIT) rose by 16%
from approx. EUR 101 million to roughly EUR 118 million. At 10.8%, the EBIT
was up on the previous year's very good 10.4%. According to the unaudited
figures, net income for the year increased by about 30% to EUR 61 million,
compared to about EUR 47 million in the previous year. In view of this
earnings growth, INDUS has announced a further dividend increase; last
year's dividend amounted to EUR 0.90 per share (up from EUR 0.50 in 2010).
Strong earnings contributions from all five segments
All portfolio companies had good order backlogs in 2011, with the
Construction/Infrastructure segment showing an especially profitable
performance, followed by the Medical Engineering/Life Science segment. The
highly export-oriented segments such as Engineering and Vehicle
Components/Engineering benefited from the prospering industrial markets and
reported growing sales and earnings. Metal/Metal Processing was the only
segment to feel the first moderate impacts of the economic slowdown in the
fourth quarter.
Stable outlook for 2012
The expectations for the world economy are marked by great uncertainty
about the outcome of the debt crisis. Many economic forecasters project a
downward trend in the industrialised countries. But good economic activity
in the emerging countries, the continued fast growth of the Asian markets
and the robust state of the German economy suggest that the order situation
of the INDUS Group will remain stable. This view is confirmed by the first
indicators from the portfolio companies for January and February 2012.
Helmut Ruwisch therefore projects a result that is on par with the previous
year for 2012.
He also sees good opportunities for acquisitions. 'In times of slowing
economic activity, good acquisition opportunities usually arise. Thanks to
its high liquidity, INDUS is currently in a position to seize all
opportunities without support from banks. We have a sound balance sheet,
high liquidity in excess of EUR 120 million as of December 31 and a steady
free cash flow. These are excellent conditions for continued internal and
external growth,' Helmut Ruwisch said.
The full results of the fiscal year 2011 will be published on April 24.
Contact:
Regina Wolter
Corporate Communications&Investor Relations
Phone +49 2204 4000 70
E-Mail wolter(at)indus.de
End of Corporate News
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Language: English
Company: INDUS Holding AG
Kölner Straße 32
51429 Bergisch Gladbach
Germany
Phone: +49 (0)2204 40 00-0
Fax: +49 (0)2204 40 00-20
E-mail: indus(at)indus.de
Internet: www.indus.de
ISIN: DE0006200108
WKN: 620010
Listed: Regulierter Markt in Düsseldorf, Frankfurt (Prime
Standard); Freiverkehr in Berlin, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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159581 07.03.2012
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Datum: 07.03.2012 - 07:30 Uhr
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