AURELIUS publishes annual report – good provisional consolidated figures for 2013 confirmed

25.03.2014

AURELIUS publishes annual report – good provisional consolidated figures for 2013 confirmed

  • Total consolidated revenues rise to EUR 1,525.2 million (up 11%) thanks mainly to acquisitions
  • Operating EBITDA totals EUR 106.2 million
  • Dividend of EUR 1.05 per share (basic dividend up to EUR 0.70 plus special dividend of EUR 0.35)
  • Positive outlook: effects on results and cash from company disposals in double-digit million euro range in Q1 2014

Munich, March 25, 2014 – The AURELIUS Group (ISIN DE000A0JK2A8) has today published its annual report for the 2013 fiscal year. Fiscal 2013 went very well for the AURELIUS Group. Total consolidated revenues, including the subsidiaries sold and hence deconsolidated during the reporting period, rose by 11 percent to EUR 1,525.2 million. The annualized consolidated revenues amounted to EUR 1,602.2 million.

During fiscal 2013, AURELIUS added highly promising, new companies to the corporate group: Studienkreis, a provider of extra tuition for children, was acquired in January 2013; fidelis HR (formerly known as TDS HR Services & Solutions GmbH), a software and outsourcing service provider for HR departments, was added in May 2013; and provider brightONE (former activities of the Finland-based Tieto Group in Germany, the Netherlands, India and Poland), an IT service provider, was purchased in July 2013. In addition, several of the portfolio companies were reinforced by add-on acquisitions: the LD Didactic subsidiary acquired the product portfolio of ELWE® Technik, an established premium vendor of education systems and devices; fidelis HR bought HCM Gilde, a consultancy specializing in the field of HR services; the IT subsidiary Getronics purchased the sales activities of the Japan-based NEC Group covering unified communications in the UK, Spain, Portugal and Switzerland; and the compressor manufacturer SECOP completed the biggest add-on deal in the history of AURELIUS with the acquisition of the major assets of ACC Austria (now known as Secop Austria). In July, AURELIUS also acquired the rights to the Sealine motor yacht brand, with products now being manufactured by the AURELIUS subsidiary HanseYachts under license.

Strong operating performance by portfolio companies

AURELIUS achieved further success in the development of its portfolio companies. The consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) totaled EUR 106.2 million despite the very successful disposals in 2012, thus reflecting the strong performance of the subsidiaries. Income of EUR 41.2 million from the reversal of negative goodwill (bargain purchase) was generated on the purchase of companies, while restructuring and non-recurring expenses of EUR 58.8 million accrued during the past fiscal year. All in all, the AURELIUS Group generated consolidated EBITDA totaling EUR 88.6 million.

Special dividend of EUR 0.35 repeated from company disposals, basic dividend increased by 17 percent to EUR 0.70

The Executive Board once again wishes to allow the shareholders of AURELIUS AG to share in the company