Corporate | 26 May 2011 07:30
INDUS Holding AG / Key word(s): Interim Report
26.05.2011 / 07:30
INDUS remains optimistic about 2011
Bergisch Gladbach, May 26, 2011 - INDUS Holding AG generated sales
revenues of EUR 255.6 million in the first quarter of 2011 (previous year:
EUR 205.5 million), which was up by roughly 25% on the prior year quarter.
The increase in earnings was even more pleasing, with EBIT up by approx.
50% on the previous year's EUR 18.5 million to EUR 27.4 million. All
segments of the Group contributed to this excellent result. The upswing of
the year 2010 continued unabated in the first quarter of 2011, in spite of
the earthquake in Japan and the unrest in North Africa. An EBIT margin of
10.7% means that INDUS instantly reached its target range of 10% to 12%
(previous year: 9%), although the first three months are traditionally a
weaker quarter for the Group due to seasonal factors.
INDUS is therefore optimistic for the first half of 2011, as incoming
orders and orders on hand indicate a similarly good result for the second
quarter. Helmut Ruwisch, CEO of INDUS Holding AG nevertheless remains
cautious: 'We are making sure not to become overly dependent. While our
broad-based positioning and our lean SME structures act as a risk cushion,
there will be a number of exogenous factors in the second half of the year
over which we have only little influence.'
At EUR 326.0 million, the Group's equity improved significantly as compared
to year-end 2010 (December 31, 2010: EUR 309.5 million). The equity ratio
reached 32.5% (December 31, 2010: 31.8%).
INDUS expects total sales revenues of EUR 1.05 billion for the fiscal year
2011. In view of the good result for the first three months of 2011, INDUS
projects an EBIT margin in excess of 10% for the full year.
The report for the first quarter is available for download under
www.indus.de.
Contact:
Regina Wolter
Corporate Communications & Investor Relations
Phone +49 2204 4000 70
E-Mail wolter@indus.de
End of Corporate News
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Language: English
Company: INDUS Holding AG
Kölner Straße 32
51429 Bergisch Gladbach
Deutschland
Phone: +49 (0)2204 40 00-0
Fax: +49 (0)2204 40 00-20
E-mail: indus@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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