Aumann significantly increases its EBITDA in the first quarter of 2024 by 94.5% to €6.7 million
May 15, 2024 at 01:46 am EDT
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EQS-News: Aumann AG
/ Key word(s): Quarterly / Interim Statement/Quarter Results
Aumann significantly increases its EBITDA in the first quarter of 2024 by 94.5% to €6.7 million
15.05.2024 / 07:45 CET/CEST
The issuer is solely responsible for the content of this announcement.
Aumann significantly increases its EBITDA in the first quarter of 2024 by 94.5% to €6.7 million
Beelen, 15 May 2024
Aumann AG ("Aumann", ISIN: DE000A2DAM03), a leading manufacturer of automated E-mobility production solutions, was able to increase its revenue in the first quarter of 2024 by 15.8% to €64.5 million. Against the backdrop of the significantly improved profitability in the order backlog, EBITDA almost doubled from €3.5 million within the first three months of 2023 to €6.7 million in the same period of 2024. The EBITDA margin increased from 6.2% in the previous year to 10.5% and is thus already in the upper half of the margin guidance for the fiscal year 2024. The E-mobility segment was particularly strong, increasing revenue by 23.1% to €48.6 million and EBITDA by 129.1% to €5.3 million compared to the previous year.
At €76.0 million, order intake after the first three months of 2024 was slightly above the previous year’s level. While the Classic segment was dominated by a major order in the field of renewables energies in the previous year, the strategically leading E-mobility segment takes a share of 90.8% in the first quarter of 2024. With a cross-segment book-to-bill ratio of 1.18 after three months, the order backlog increased by 13.5% from €276.5 million to €313.9 million. The order backlog has thus not only reached another record level in the company's history, but also continues to form a solid foundation for the forecast revenues and earnings growth in a market environment characterized by uncertainty.
Based on the successful start of the year, with a liquidity position of €137.8 million and an equity ratio of 54.9%, Aumann continues to be in an excellent position.
The full interim statement of the first quarter of 2024 is available at www.aumann.com.
Aumann AG
Dieselstraße
648361 Beelen
Germany
Tel +49 2586 888 7800
Fax +49 2586 888 7805
ir@aumann.com
www.aumann.com
Executive Board
Sebastian Roll (CEO)
Jan-Henrik Pollitt (CFO)
Supervisory Board
Gert-Maria Freimuth (Chairman)
Christoph Weigler
Dr.-Ing. Saskia Wessel
Court of registration
Münster Local Court, Registration Number: HRB 16399
15.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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Language:
English
Company:
Aumann AG
Dieselstraße 6
48361 Beelen
Germany
Phone:
+49 (0) 2586 888-7800
Fax:
+49 (0) 2586 888-7805
E-mail:
info@aumann.com
Internet:
www.aumann.com
ISIN:
DE000A2DAM03
WKN:
A2DAM0
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
Aumann AG is a Germany-based manufacturer of machinery and production lines for components of electrified drive trains and an equipment supplier to the automotive, aerospace, consumer electric and other industries. The Company operates through two segments: E-Mobility and Classic. In the E-Mobility segment, it designs, manufactures and sells specialized machinery and automated production lines for e-mobility solutions for the automotive, aerospace, railway and other mobility industries. In the Classic segment, the Company primarily designs, manufactures and sells specialized machinery and automated production lines for the automotive, aerospace, railway, consumer electric, agricultural and clean-technology industries.