Press releases

Munich, 18 February 2008

AURELIUS: Preliminary results

Consolidated sales increase to EUR 316 m

EBITDA of approx. EUR 71 m significantly above guidance

Further increase in sales and results expected for 2008

 

Munich-based industrial holding AURELIUS AG exceeded its own forecast in the financial year 2007 based on preliminary unaudited figures. The dynamic growth continued in the last quarter of 2007. The AURELIUS group achieved sales of EUR 316 m in 2007 (previous year: EUR 21.7 m). The EBITDA of the industrial holding increased to approx. EUR 71 m (previous year EUR 4.2 m) and is significantly above the guidance

 

The figures for the financial year include positive and negative one-time-effects. The figures were positively affected by the realisation of negative goodwills resulting from the initial consolidation of newly acquired investments in the amount of approx. EUR 58m. Negative effects were caused by restructuring charges as well as accruals for future restructuring in the amount of approx. EUR 12 m.

 

“We have exceeded our own objectives, which we had already raised in November 2007 due to the strong progression of our business, particularly with a view to our results. We expect a further increase in sales and results in the current year and in particular expect to increase sales to more than EUR 1bn on an annualized basis”, says AURELIUS board member Ulrich Radlmayr. The audited annual accounts and the annual report are expected to be published by the end of March.

 

AURELIUS AG, Munich (www.aureliusinvest.com), acquires mid-sized companies and corporate spin-offs which are no longer part of the core business of the previous owner. AURELIUS acquires companies even when they are in difficult and complex situations and actively grows and develops them. AURELIUS increases the value of its investments to the benefit of all parties, using its own specialized Task Force, while paying particular attention to its social responsibility. The shares of AURELIUS AG trade under code AR4 (ISIN: DE000A0JK2A8) on the Open Market of the Frankfurt Stock Exchange.

Contact

AURELIUS AG
Investor Relations & Corporate Communication
Ingo Middelmenne
phone. +49 (0)89.5447.99.0
investor(at)aureliusinvest.de