AURELIUS successfully concludes fiscal year 2009


AURELIUS successfully concludes fiscal year 2009

  • Revenues and consolidated profit at record level in 2009
  • Well prepared for further growth and new subsidiaries
  • Investment portfolio with increasing order entries and revenues

Munich, 26 March 2010 – The Munich-based industrial holding AURELIUS AG (ISIN: DE000A0JK2A8) has published its Annual Report for fiscal year 2009 today. Revenues and consolidated profit were increased to a record level in 2009. Group revenues of AURELIUS considerably rose to 763.8 million euros (previous year: 349.0 million euros) in the reporting year. EBITDA rose to 142.8 million euros (previous year: 80.0 million euros). The comparative figures of the previous year were adjusted according to IFRS 5. The reversal of negative goodwill recognized on subsidiaries acquired during the reporting period, the so-called “bargain purchase”, has had significant impact on the result. The corresponding figures totalled 121.3 million euros in the reporting period (previous year: 13.4 million euros). Earnings were negatively influenced by restructuring expenses from the subsidiaries, totalling 16.4 million euros.

Group earnings for the period after tax and minorities more than doubled to 74.8 million euros (previous year: 36.2 million euros). The diluted earnings per share respectively rose to 9.63 euros (previous year: 5.30 euros). The executive and supervisory board of the company will propose the payment of a dividend of 1.12 euros per share to the annual shareholders’ meeting on 27 July 2010 (previous year: 0.50 euros per share).

“In total fiscal year 2009 proceeded positively for the AURELIUS group despite the negative economic environment,” says CEO Dr Dirk Markus. “With cash and cash equivalents of 155.6 million euros and a solid equity ratio of 34 per cent we feel very well prepared for the upcoming tasks within the group as well as for further expansion.“

The current developments in the investment portfolio show increasing order entries and revenues across all industries. For 2010 the executive board therefore expects the positive development to be continued.

The fiscal year 2009 was marked by several considerable acquisitions and restructuring processes in the portfolio investment. With BCA, Blaupunkt, Consinto, LD Didactic and Sit-Up TV a total of five companies were acquired and included for the first time in the consolidated financial statement. Apart from acquisition activities the fiscal year brought extensive restructuring measures in the portfolio companies. The Berentzen-Group successfully achieved a considerable turnaround in the year of crisis and was in the black again for the first time. GHOTEL-Group, the teleshopping broadcasters Channel21 and Sit-Up TV as well as LD Didactic also developed very well.

The complete Annual Report 2009 is available for downloading here.