Corporate | 3 March 2011 08:30
AURELIUS AG / Key word(s): Preliminary Results 03.03.2011 / 08:30 AURELIUS with record figures in group revenues and consolidated profit - Preliminary figures for 2010 confirm corporate strategy - Portfolio companies benefit from successful reorientation - Further improvement of operative profit expected for 2011 Munich, 3 March 2011 - According to the preliminary and unaudited figures the AURELIUS Group (ISIN: DE000A0JK2A8) generated group revenues of 906 million euros (previous year: 711 million euros) in the fiscal year 2010. Earnings before interest, taxes, depreciation and amortization (EBITDA) from continued operations rose by 88 per cent to 238 million euros (previous year: 127 million euros) - a record in the corporate history. Cash and cash equivalents of 177 million euros as of 31 December 2010 correspond to an increase of 14 per cent compared to the previous year (156 million euros). The solid balance sheet ratios of the AURELIUS Group are reflected in an equity ratio approximately on previous years' level. Annualized revenues exceeded the one billion mark in autumn 2010 already. Last year's five acquisitions among them AURELIUS' largest acquisition SECOP (formerly: Danfoss Household Compressors) contributed to this. Apart from SECOP, AURELIUS also acquired the French ISOCHEM Group, a provider of specialty chemicals, the shipping company Peter Deilmann and its MS DEUTSCHLAND, the Scottish chemical producer CalaChem Ltd. (formerly: KemFine UK Ltd.) as well as a portfolio of hotel properties of the GHOTEL Group. The EBITDA includes profits of 157 million euros from the consolidation of subsidiaries acquired in fiscal year 2010 (reversal of negative goodwill (bargain purchase) and profits from the consolidation of debts). The positive development and successful reorientation of the portfolio companies where the economic upswing is clearly noticeable are reflected in the strong operating profit. For the on-going fiscal year the AURELIUS board expects an increase in group revenues and further improvement of the operating profit of the investment portfolio. About Aurelius AURELIUS AG is an industrial holding with a long-term investment horizon focusing on the acquisition of companies with potential for development. AURELIUS has some longstanding investment and management experience in various industries. By applying management capacities and the necessary funding for investments in innovative products, distribution and research AURELIUS constantly advances its portfolio companies. With offices in Munich and London as well as 15 portfolio companies in Germany, England, France, Ireland, Poland, the Netherlands and Switzerland, AURELIUS operates throughout Europe. The shares of AURELIUS AG are traded on the open market of the Frankfurt stock exchange (ISIN: DE000A0JK2A8). For more information, please visit http://www.aureliusinvest.com. Contact Investor Relations & Corporate Communications Phone +49 (89) 544799 - 0 Fax +49 (89) 544799 - 55 investor@aureliusinvest.de End of Corporate News --------------------------------------------------------------------- 03.03.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 114248 03.03.2011