Corporate | 15 November 2012 07:00

AURELIUS publishes final figures for the third quarter

AURELIUS AG / Key word(s): Quarter Results

15.11.2012 / 07:00

AURELIUS publishes final figures for the third quarter

– Consolidated revenues rise 7.2 percent to EUR1,017.4 million

– EBITDA at record level of EUR165.1 million (+245.4 percent)

– Nine month period characterized by successful transactions

Munich, November 15, 2012 – The Munich-based AURELIUS Group (ISIN DE000A0JK2A8) increased its total consolidated revenues by 7.2 percent to EUR1,017.4 million (Q1-Q3 2011: EUR949.2 million) in the first nine months of 2012 (January 1 – September 30). This figure also includes the revenues generated by subsidiaries that have been deconsolidated in the course of the current fiscal year. Consolidated annualized revenues cleared the EUR1.5 billion mark and amounted to EUR1,526.5 million (Q1-Q3 2011: EUR1,291.0 million).

EBITDA for the first nine months reaches a record level
The Group's earnings before interest, taxes, depreciation and amortization (EBITDA) in the first nine months of 2012 reached the record amount of EUR165.1 million, which corresponds to an increase of 245.4 percent (Q1-Q3 2011: EUR47.8 million). After adjusting for the proceeds on the sale of deconsolidated subsidiaries, the income from the reversal of negative goodwill ('bargain purchase income') and the restructuring and non-recurring expenses, the operating EBITDA amounted to EUR61.2 million (Q1-Q3 2011: 67.3 million).

Nine month period characterized by successful transactions
AURELIUS has already completed three successful acquisitions in the first nine months of fiscal year 2012 with the purchase of the IT service provider Thales CIS (Madrid, Spain), the IT service provider Getronics (Amsterdam, The Netherlands), and the specialty chemical company Briar Chemicals (Norwich, United Kingdom). The acquisition of the IT company Steria Iberica (Madrid, Spain) announced in October is to be completed in November. AURELIUS has thus taken over companies with combined annualized revenues in excess of EUR500 million in 2012.

The sale of the two Group companies which had been successfully realigned, Consinto in February 2012 and Schabmüller in July 2012, led in total to deconsolidation gains of EUR60.2 million – the largest amount in the Company's history.

Operating cash flow increased in the period January 1 – September 30, 2012, to EUR-1.4 million (Q1-Q3 2011: EUR-13.0 million). Total cash and cash equivalents in the Group increased to EUR195.6 million as a result of the sales proceeds realized (December 31, 2011: EUR154.4 million). The equity ratio was 33 percent compared to 30 percent for the period ended December 31, 2011.

Key figures
(in EUR millions)	1/1 – 9/30/2012	1/1 – 9/30/2011
Total consolidated revenues	1,017.4	949.2
Consolidated revenues, annualized	1,526.5	1,291.0
Total EBITDA AURELIUS Group	165.1	47.8
– of which gains/losses on the sale of deconsolidated subsidiaries	54.7	-/-
– of which bargain purchase income	89.5	-/-
– of which restructuring and non-recurring expenses	-40.3	-19.5
– of which net operating income	61.2	67.3
	9/30/2012	12/31/2011
Cash and cash equivalents	195.6	154.4
Equity ratio	33%	30%
Employees in the Group	9,817	5,887

About AURELIUS

The AURELIUS Group specializes in acquiring companies with potential for development that can be unlocked with close operational support. In the company acquisition process, AURELIUS concentrates on identifying, analyzing, creating and exploiting all the opportunities afforded by the market. The AURELIUS Group views itself as a long-term 'good home' for its subsidiaries. AURELIUS does not limit its acquisition targets to particular industrial sectors, although it focuses primarily on the following segments: Industrial Enterprises, Chemicals, Business Services, Consumer Goods/Food & Beverage, and Telecoms, Media & Technology (TMT).

AURELIUS has many years of investment and management experience in various industries and sectors. AURELIUS employs its management capacities and the necessary financial resources to invest in product innovation, sales and research in order to develop the potential of its subsidiaries. With offices in Munich and London, and subsidiaries in Germany, the UK, France, Poland, Hungary, the Netherlands, Switzerland, Norway, Belgium, Luxembourg, Slovakia, Slovenia, the United States, China, Malaysia, India, Thailand and South Korea, AURELIUS operates throughout the world. Shares of AURELIUS AG are traded in the m:access segment of the Munich Stock Exchange under the ISIN DE000A0JK2A8. For more information, visit our website at www.aureliusinvest.de .

Contact
Investor Relations & Corporate Communications
Phone +49 (89) 544799 – 0
Fax +49 (89) 544799 – 55
investor@aureliusinvest.de

End of Corporate News

15.11.2012 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

193296  15.11.2012