AURELIUS announces preliminary consolidated figures for record year 2012

28.02.2013

AURELIUS announces preliminary consolidated figures for record year 2012

  • Revenues rise to €1,378.1 million
  • EBITDA of the combined group up 153 percent to €163.7 million
  • Cash and cash equivalents at a historic high of €244.7 million (+58%)

Munich, February 28, 2013 – The Munich-based AURELIUS Group (ISIN DE000A0JK2A8) finished the 2012 fiscal year with preliminary consolidated revenues, earnings, and cash and cash equivalents all at record levels. Total consolidated revenues increased 9 percent to €1,378.1 million (2011: €1.262,6 million). This also includes the proportionate revenues of the subsidiaries that were sold in fiscal year 2012 and therefore deconsolidated. This relates to the most successful exit in the company´s history: the sale of Schabmüller GmbH in July 2012, as well as the sale of Consinto GmbH in February 2012.

Consolidated revenues cleared the €1.5 billion mark on an annualized basis with €1,583.7 million (2011: €1,342.6 million). The new acquisition of Getronic´s operations in Europe and Asia, based in Amsterdam (Netherlands), the IT consulting activities of Thales Spain and the Spanish IT consulting firm Steria Iberica (both Madrid, Spain), and the Briar Chemicals production site in Norwich (United Kingdom) acquired from Bayer CropScience contributed over €500 million to consolidated revenues.

EBITDA of the combined group up 153 percent

The AURELIUS Group´s earnings before interest, taxes, depreciation and amortization (EBITDA) increased in fiscal year 2012 by 153 percent to €163.7 million (2011: €64.8 million). This includes income in the amount of €103.2 million (2011: €3.2 million) from the reversal of negative goodwill from the capital consolidation ("bargain purchase") as well as restructuring and non-recurring expenses of €57.7 million (2011: €27.8 million). Operating EBITDA of the combined Group reached €118.2 million (2011: €89.4 million), the highest amount in the company´s history.

Cash on hand at a record level due to successful company sales

Cash and cash equivalents increased at the end of the fiscal year to the record level of €244.7 million, an increase of 58 percent (December 31, 2011: €154.4 million), positively influenced by the proceeds from the successful sales of Schabmüller and Consinto. The equity ratio was unchanged at 30 percent as of the reporting date.

 

Key figures

 

 

 

 

 

(in € millions)

2012

2011

 

 

 

Total consolidated revenues

1,378.1

1,262.6

Consolidated revenues, annualized

1,583.7

1,342.6

 

 

 

Total consolidated EBITDA

163.7

64.8

 

 

 

- of which bargain purchase income

103.2

3.2

- of which restructuring and non-recurring

expenses

57.7

27.8

Consolidated operating EBITDA

118.2

89.4

 

 

 

 

12/31/2012

12/31/2011

 

 

 

Cash and cash equivalents

244.7

154.4

Equity ratio

30%

30%