Corporate | 24 May 2007 07:42
Müller - Die lila Logistik AG / Quarter Results
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Besigheim, 24 May 2007. Müller - Die lila Logistik AG started into the
fiscal year 2007 as planned and with sales revenues of 20,367 kEUR achieved
the same level as in the same period of the good previous year. The first
three months were determined by the investments in the Logistics Services
Center in Gliwice (Poland) as well as several project start-ups of the
Polish subsidiary. The operating result (EBIT) increased in comparison
with the previous year to 792 kEUR (previous year 694 kEUR); the EBIT
margin rose to 3.9 per cent in the quarter just ended.
Development of the business segments
The sales revenues of the planning and consulting operations (Logistics
Design) segment of the Lila Logistik group were 688 kEUR (previous year:
660 kEUR) resulting in operating results of 132 kEUR, which is a 30.7 %
growth on last year’s result (previous year: 101 kEUR). Sales in Logistics
Operating (operational logistics services) were 19,676 kEUR and thus at
about last year’s level of 19,779 kEUR. Partly due to a special effect, the
segment’s earnings before interest and tax were up 11.3 % to 660 kEUR
(previous year: 593 kEUR).
Cash flow and equity ratio
Liquid assets of the Lila Logistik Group as at the key date 31 March 2007
amounted to 3,858 kEUR (previous year: 1,443 kEUR).
The Lila Logistik group’s outflow from the operating activities was 611
kEUR in the period under review (previous year: 575 kEUR). The outflow as a
result of investment activities, particularly of the Polish subsidiary,
amounted to 2,916 kEUR (previous year: 215 kEUR). These outflows were
offset by inflows from finance activities reaching 3,044 kEUR (previous
year: 1,142 kEUR).
The balance sheet total rose by 16.6 to 47,123 kEUR (31.12.2006: 40,420 T€)
causing the equity ratio to decline to 30.6 % in the first quarter
(31.12.2006: 34.3 %).
Investments, depreciation and amortisation
During the period under review, capital investments of the group totalled
3,008 kEUR (previous year: 281 kEUR). Depreciation and amortisation
amounted to 355 kEUR (previous year: 480 kEUR) for scheduled depreciation
of fixed assets.
Personnel
As at 31 March 2007, the Lila Logistik group employed 934 staff (previous
year: 920).
Outlook
After completion of the Logistics Services Center in Poland in mid-2007,
further operating business activities will be started at this location. The
Lila Logistik group considers the expansion of the presence in Poland to be
the basis of the establishment of further business relations as well as the
basis of the expansion of the business activities in the CEE countries.
For the current fiscal year 2007, the company expects a slight increase in
sales reve-nues. The development of results in the second and third quarter
will, adjusted for the special effect in the first quarter of 2007, be
weaker in accordance with the plans. The forecast here considers the
effects from the successful project start-ups in the course of the fiscal
year 2006 as well as the first positive contributions to earnings from the
Logistics Services Center in Poland at the end of 2007.
The 3-months financial statement is available on the Internet at
www.lila-logistik.com.
Müller - Die lila Logistik AG
Ingo Hey
Tel.: +49 (0) 7143 / 810 - 125
ingo.hey@lila-logistik.com
www.lila-logistik.com
DGAP 24.05.2007
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Language: English
Issuer: Müller - Die lila Logistik AG
Ferdinand-Porsche-Straße 4
74354 Besigheim-Ottmarsheim Deutschland
Phone: +49 (0)7143 810-0
Fax: +49 (0)7143 810-198
E-mail: investor@lila-logistik.com
www: www.lila-logistik.com
ISIN: DE0006214687
WKN: 621468
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Hannover, Düsseldorf, Hamburg, München,
Stuttgart
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