Press releases

Munich, 15. April 2008

AURELIUS releases figures for the 2007 fiscal year:
Very strong growth in sales, results and cash flow

Consolidated sales of EUR 316.7 m

EBITDA increases to EUR 72.3 m

Free cash flow amounts to EUR 23.9 m

 

German Industrial holding AURELIUS AG (ISIN: DE000A0JK2A8) today released its audited consolidated annual financial statements and the annual report for the fiscal year 2007. The Munich-based company achieved sales of EUR 316.7 m (previous year: EUR 21.7 m) as well as an EBITDA (earnings before interest, taxes, depreciation and amortisation) of EUR 72.3 m (previous year: EUR 4.2 m) in the fiscal year 2007. The free cash flow amounts to EUR 23.9 m (previous year: EUR 0.8 m). With these figures, AURELIUS exceeds all previously forecasted projections.

 

The figures for the financial year include positive and negative one-time-effects. The positive one-time-effects – the realisation of negative goodwill resulting from the initial consolidation (badwill) – rose to EUR 59.3 m (previous year: EUR 1.1 m). The negative one-time-effects caused by restructuring charges and by accruals for future restructuring of the subsidiaries amounted to EUR 12,5 m.

 

The consolidated profit grew to EUR 47.4 m in the reporting year (previous year: EUR 1.9 m). Earnings per share increased to EUR 5.43 (previous year: EUR 0.23). Board of directors and supervisory board will propose to the Annual General Meeting - which will most likely be held on 10 July 2008 - to distribute a first-time dividend of EUR 0.15 for the business year 2007.

 

“We are very pleased with these results. However, we are not going to rest on our laurels. Our motto for the year 2008 is: further growth and value creation”, says Dr. Dirk Markus, CEO of AURELIUS, about the results of the financial year 2007. With respect to the targets of 2008, he adds: “We want to increase sales to more than EUR 1bn on an annualized basis and to increase EBITDA. Furthermore, we plan to switch to the Prime Standard of the Frankfurt Stock Exchange.”

 

The audited annual accounts and the annual report can be downloaded on www.aureliusinvest.de.

 

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 enhances and develops them. Using its own specialized Task Force, AURELIUS increases the value of its investments to the benefit of all parties, with particular awareness given 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
Susanne Bregy Kräss
phone. +49 (0)89.5447.99.0
investor(at)aureliusinvest.de