Corporate | 7 March 2012 07:30

INDUS marks new records in 2011

INDUS Holding AG / Key word(s): Preliminary Results

07.03.2012 / 07:30

INDUS marks new records in 2011

– Sales revenues of EUR 1.1 billion, EBIT of EUR 118 million

– Net income for the year up by 30%

Bergisch Gladbach, March 7, 2012 – INDUS hit new sales, EBIT and profit records in 2011, which was a highly successful year in operational terms. 'We not only reached but clearly exceeded the targets announced for the Group at the beginning of the year,' said CEO Helmut Ruwisch. Total Group sales increased by 13% from approx. EUR 972 million to EUR 1.1 billion in FY 2011. Preliminary earnings before interest and taxes (EBIT) rose by 16% from approx. EUR 101 million to roughly EUR 118 million. At 10.8%, the EBIT was up on the previous year's very good 10.4%. According to the unaudited figures, net income for the year increased by about 30% to EUR 61 million, compared to about EUR 47 million in the previous year. In view of this earnings growth, INDUS has announced a further dividend increase; last year's dividend amounted to EUR 0.90 per share (up from EUR 0.50 in 2010).

Strong earnings contributions from all five segments
All portfolio companies had good order backlogs in 2011, with the Construction/Infrastructure segment showing an especially profitable performance, followed by the Medical Engineering/Life Science segment. The highly export-oriented segments such as Engineering and Vehicle Components/Engineering benefited from the prospering industrial markets and reported growing sales and earnings. Metal/Metal Processing was the only segment to feel the first moderate impacts of the economic slowdown in the fourth quarter.

Stable outlook for 2012
The expectations for the world economy are marked by great uncertainty about the outcome of the debt crisis. Many economic forecasters project a downward trend in the industrialised countries. But good economic activity in the emerging countries, the continued fast growth of the Asian markets and the robust state of the German economy suggest that the order situation of the INDUS Group will remain stable. This view is confirmed by the first indicators from the portfolio companies for January and February 2012. Helmut Ruwisch therefore projects a result that is on par with the previous year for 2012.

He also sees good opportunities for acquisitions. 'In times of slowing economic activity, good acquisition opportunities usually arise. Thanks to its high liquidity, INDUS is currently in a position to seize all opportunities without support from banks. We have a sound balance sheet, high liquidity in excess of EUR 120 million as of December 31 and a steady free cash flow. These are excellent conditions for continued internal and external growth,' Helmut Ruwisch said.

The full results of the fiscal year 2011 will be published on April 24.

Contact:
Regina Wolter
Corporate Communications & Investor Relations
Phone +49 2204 4000 70
E-Mail wolter@indus.de

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Language:	English
Company:	INDUS Holding AG
	Kölner Straße 32
	51429 Bergisch Gladbach
	Germany
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

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