AURELIUS continues on its path of success in the first quarter
- Consolidated sales revenue up 60 percent
- Operating EBITDA rises by 82 percent to €22.4 million
- Already four acquisitions in 2013
- Positive outlook for 2013
Munich, May 7, 2013 – The Munich-based AURELIUS Group (ISIN DE000A0JK2A8) is off to a very good start in fiscal year 2013. In the first quarter of 2013, AURELIUS increased its consolidated sales revenue from continuing operations by 60.1 percent to €377.0 million (Q1 2012: €235.5 million). This already includes the sales of Studienkreis Group, which was acquired as of January 1, 2013.
Earnings before interest, taxes, depreciation and amortization (EBITDA) from continuing operations increased by 12.3 percent to €15.5 million (Q1 2012: €13.8 million). In contrast to the prior year, this does not include any income from the reversal of negative goodwill from the capital consolidation ("bargain purchase") (Q1 2012: €6.1 million), but it does include restructuring and non-recurring expenses in the amount of €6.9 million (Q1 2012: €4.6 million). As a result of the good development in the group companies, operating EBITDA rose accordingly by 82.1 percent to €22.4 million (Q1 2012: €12.3 million).
AURELIUS is off to a very successful start in 2013 with already four acquisitions. In addition to the Studienkreis Group, which has belonged to the AURELIUS Group since January 1, 2013, the takeover of the Finnish Tieto Group