Corporate | 26 March 2010 11:46
AURELIUS AG / Final Results
26.03.2010 11:46
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Press Release
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.
Key Figures
1/1/2009- 1/1/2008-
In million euros 31/12/2009 31/12/2008
Group revenues ¹, ² 763,8 349,0 119%
Group revenues (annualised) 822,8 501,0 64%
EBITDA ¹, ² 142,8 80,0 79%
Group earnings for the period 74,8 36,2 107%
Earnings per share
Basic (in euros) ¹, ² 9,74 5,32 83%
Diluted (in euros) ¹, ² 9,63 5,30 82%
Free Cashflow 108,1 15,4 602%
In million euros 31/12/2009 31/12/2008
Assets 679,0 584,7 16%
thereof cash and cash equivalents 155,6 72,6 114%
Liabilities 449,7 443,2 1%
thereof financial liabilities 71,4 89,7 -20%
Equity ³ 229,3 141,5 62%
Equity ratio (in %) ³ 33,8 24,2 40%
Number of employees (as of the
balance sheet day) 3.523 3.179 11%
¹ The figures of the previous year were adjusted according to IFRS 5
² From continuing operations
³ Including minorities.
The complete Annual Report 2009 is available for downloading on the website
of AURELIUS (www.aureliusinvest.de) under Investor Relations.
AURELIUS AG
Investor Relations & Corporate Communications
Tel. +49 (89) 544799 - 0
Fax +49 (89) 544799 - 55
investor@aureliusinvest.de
26.03.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
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