Corporate News
AUGUSTA Technologie AG announces preliminary figures for 2011: Strong fiscal year with sound profitability and strategic focusing successfully concluded• 2011 growth and profit targets achieved
• Revenues up by 31 percent to EUR 101.3 million
• Strategic focusing generates above-average increase in EBITDA to EUR 17.8 million
(+60 percent), with an EBITDA margin of 17.6 percent• Outstanding balance sheet, high equity ratio and significant cash reserves secure inorganic growth course
Munich, February 16, 2012. AUGUSTA Technologie AG (ISIN DE000A0D6612) successfully achieved its strategic and operational objectives in the 2011 fiscal year. With the acquisition of both VDS Vosskühler GmbH and LMI Technologies Inc. and the sale of the Sensortechnics Group, AUGUSTA has made significant progress in terms of its strategic focus on the core vision segment. "We have considerably expanded our position in the vision market and will also play a decisive role in future market consolidation," explained Amnon Harman, CEO of AUGUSTA Technologie AG.
This positive development was reflected in the operational
key figures for 2011:
Adjusted for the Sensortechnics Group, 2011 consolidated
sales revenues increased to EUR 101.3 million, up by around
31 percent on the previous year (EUR 77.3 million). As such,
sales revenues lay within the forecast range of EUR 97
million to EUR 103 million. Profitability increased at an
above-average rate: EBITDA rose by 60 percent year-on-year
(previous year: EUR 10.7 million) to EUR 17.8 million and
thus lay in the forecast range of EUR 17 million to EUR 19
million. The EBITDA margin increased to 17.6 percent
(previous year: 13.9 percent).
The cumulative net income for the period rose sharply to
around EUR 35 million (previous year: EUR 10.4 million).
Included in this figure are an extraordinary income from the
sale of the Sensortechnics Group of EUR 32 million and a
one-time value adjustment for P+S Technik in the region of
EUR 4.4 million.
"Our strategy of focusing as a vision technology company is
generating considerably higher revenue growth and increasing
profitability. The operating results achieved confirm our
chosen strategy. In addition to acquisitions, in
2011 we also invested in the development of new products and
the expansion of distribution and service structures, thereby
creating the framework for further growth," continued Harman.
At EUR 107.3 million, incoming orders at the end of 2011 were significantly up on the previous year (EUR 86.6 million). "In the fourth quarter of 2011 we saw a renewed increase in incoming orders, with the book-to-bill ratio now once again standing at over 1. We have an extremely healthy order book that will ensure robust business performance throughout at least the first half of 2012," stated Berth Hausmann, CFO of AUGUSTA Technologie AG. Following the 2011 acquisitions and the sale of the Sensortechnics Group, the balance sheet figures of
Page 1AUGUSTA Technologie AG • Willy-Brandt-Platz 3 • 81829 Munich • +49 - (0)89 - 4357155 - 19 • www.augusta-ag.com
Corporate News
AUGUSTA have been above average. "With an equity ratio at the
end of the year of over 72 percent and net liquidity of EUR
42 million, we are in an excellent position of financial
strength in terms of implementing our additional inorganic
growth objectives," continued Hausmann.
The 2011 annual report and forecast for 2012 will be
published on March 22, 2012.
n EUR millions | FY 2010 | FY 2011 | Change |
Sales revenues | |||
Group | 77.3 | 101.3 | +31% |
Vision | 45.1 | 62.2 | +38% |
Other divisions | 32.2 | 39.1 | +21% |
EBITDA | |||
Group | 10.7 | 17.8 | +60% |
Vision | 12.4 | 17.4 | +40% |
Other divisions | 2.5 | 4.3 | +72% |
Key figures | |||
Incoming orders | 86.6 | 107.3 | +24% |
Orders on hand | 25.1 | 39.3 | +57% |
Stefanie Zimmermann
Investor Relations & Corporate Communications
Willy-Brandt-Platz 3, D-81829 Munich
Tel: +49 - (0)89 - 43 57 155 - 19
Fax: +49 - (0)89 - 43 57 155 - 59
E-mail: investor-relations@augusta-ag.com
AUGUSTA Technologie AG is an integrated technology company
with a focus on niche markets of digital image processing and
optical sensors.
Through its core Vision Technology segment, the company
supplies digital cameras and optical sensor systems for
enhancing quality, safety and efficiency. It develops and
produces both standard products and customer-specific systems
for a broad range of uses in a number of sectors including
manufacturing, medical technology, multimedia, transport and
security technology. AUGUSTA is marked by its international
presence and excellent customer service.
According to interim figures, in the 2011 fiscal year AUGUSTA
generated consolidated sales revenues of EUR 101.3 million
and earnings before interest, tax, depreciation and
amortization (EBITDA) of EUR 17.8 million.
AUGUSTA Technologie AG • Willy-Brandt-Platz 3 • 81829 Munich • +49 - (0)89 - 4357155 - 19 • www.augusta-ag.com
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