DGAP-News: INDUS Holding AG / Key word(s): Half Year Results INDUS generates record result in Q2 16.08.2016 / 07:30 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- INDUS generates record result in Q2 - Sales revenues up approx. 6% at half-year stage; EBIT up 10.5%; earnings after taxes up approx. 16%; earnings per share at EUR 1.50 - Further additions acquired; more acquisitions may follow in H2 Bergisch Gladbach, 16 August 2016 - With sales revenues of EUR 382.1 million and EBIT of EUR 38.8 million for Q2 2016, INDUS posted the highest quarterly result in the company's history. The strong leap in revenues and earnings in the period from April to June more than offset the weaker-than- expected performance in the first three months of the year. Sales revenues for the first six months increased by 5.8% to EUR 714.9 million (previous year H1: EUR 675.6 million). Earnings before interest and taxes (EBIT) reached EUR 69.3 million (previous year H1: EUR 62.7 million). Adjusted for effects from company acquisitions (essentially depreciation from purchase price allocations), EBIT stood at EUR 75.5 million (previous year H1: EUR 68.0 million). At EUR 37.0 million, earnings after taxes exceeded the prior year level (previous year H1: EUR 32.0 million). Operating cash flow amounted to EUR 31.3 million (previous year H1: EUR 26.4 million). The equity ratio declined slightly to 40.4% (31 Dec. 2015: 41.9%) as a result of the acquisitions. Net cash used in investing activities reached EUR -54.4 million at the six-month stage (previous year H1: EUR -55.5 million). At EUR 97.8 million, cash and cash equivalents were more or less on a par with the previous year(previous year H1: EUR 95.6 million). The first half of 2016 saw INDUS acquire another portfolio company as well as additions to existing investments ("sub-subsidiaries"). We already reported on the four strategic additions (COMPUTEC, CREAPHYS, CAETEC and MBH Solutions) and the acquisition at portfolio level (H. HEITZ). Most recently, on 22 July, another sub-subsidiary (IN-SITU based in Sauerlach) was acquired by INDUS investment MIKROP. IN-SITU develops optical test systems such as "DotScan", a Braille inspection system with 3D inspection technology used for the quality control of braille on packagings and for the detection of pinholes in paint finishes, a laser scan system for 3D geometries on vehicles in car washes as well as a mobile system for the optical inspection of brake disks. Established in 2001, the company was looking for a strategic partner to support stronger growth. MIKROP specialises in the development and production of high-precision miniature optics. INDUS more than offset the weak result of the first quarter in the following months. Primarily due to positive effects in the construction sector, the company's performance slightly exceeded its projections at the half-year stage. In the second half of the year, however, the INDUS Board of Management expects a moderate counter-effect. Moreover, it is impossible to precisely predict potential negative effects of the latest developments (Brexit, terrorist attacks in France and Germany, bank crisis in Italy and the attempted coup in Turkey). The INDUS Board of Management maintains its forecast and expects full-year sales revenues to climb to over EUR 1.4 billion and EBIT to reach between EUR 134 million and EUR 138 million. "Should this positive business trend continue in the third quarter, however, we may upgrade our earnings forecast," says Jürgen Abromeit, CEO of INDUS. He once again emphasised the growth targets: "In spite of the increasingly complex environment, we will continue our growth strategy, relying on both organic growth and acquisitions. There is a lively M&A market at acceptable prices, even if many investors currently claim the opposite. This is reflected in our latest acquisitions." The full interim financial statements of INDUS Holding AG are available for download at www.indus.de. For important information about INDUS, also use the INDUS app (http://www.indus.de/en/press-service/indus-app.html). Contact: Regina Wolter Corporate Communications & Investor Relations Phone +49 2204 4000 70 E-Mail [email protected] --------------------------------------------------------------------------- 16.08.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: INDUS Holding AG Kölner Straße 32 51429 Bergisch Gladbach Germany Phone: +49 (0)2204 40 00-0 Fax: +49 (0)2204 40 00-20 E-mail: [email protected] Internet: www.indus.de ISIN: DE0006200108 WKN: 620010 Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Munich, Stuttgart, Tradegate Exchange End of News DGAP News Service --------------------------------------------------------------------------- 492809 16.08.2016