29.08.2018
Bertrandt AG DE0005232805
DGAP-News: Bertrandt AG: Group increases total revenues and identifies perspectives for the future
DGAP-News: Bertrandt AG / Key word(s): 9-month figures/Quarterly / Interim
Statement
Bertrandt AG: Group increases total revenues and identifies perspectives for
the future (news with additional features)
29.08.2018 / 06:15
The issuer is solely responsible for the content of this announcement.
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Press Release
Report on the 3rd quarter 2017/2018
Group increases total revenues and identifies perspectives for the future
(Ehningen, 29 August 2018) The Bertrandt Group performed as anticipated in
the first three months of fiscal 2017/2018. Total revenues were up by 2.3
percent compared to the previous year and EBIT rose by 23.9 percent.
Bertrandt regards the underlying conditions in the next few years as
offering further perspectives for growth. On this basis the Company will
secure and enhance its technical prowess as an engineering services provider
and technology group.
Despite the heterogeneous environment Bertrandt was able to increase its
total revenues and earnings in the first three quarters of fiscal 2017/2018.
In parallel, the Group also set course for the future. In the field of
application development, Bertrandt is now one of Microsoft's few "Gold
Partners". This cooperation will open up new markets and customer groups for
the Company. Bertrandt has also been awarded the "Innovative through
research" seal by the Stifterverband für die Deutsche Wirtschaft e. V. (an
association of businesses and foundations for the promotion of science and
research) for the second time in a row. This highlights the Company's role
as an innovative provider of solutions in the market. "Bertrandt has
expanded its international activities once again by, for example, opening a
new location in Italy, and is also focusing on building and expanding its
infrastructure. We are successively commissioning new testing facilities in
northern Germany with the aim of offering innovative services for
electrified drives," says CEO Dietmar Bichler.
The Bertrandt Group performed in accordance with expectations in the first
three months of fiscal 2017/2018. Total revenues increased by 2.3 percent
year on year to EUR 752.632 million. EBIT rose by 23.9 percent to EUR 43.350
million, despite there being two fewer working days than in the previous
reporting period. This is equal to a margin of 6.6 percent (previous year
5.4 percent). Post-tax earnings were EUR 32.093 million (previous year EUR
27.818 million). EUR 38.276 million (previous year EUR 28.979 million) were
invested in buildings and technical equipment in the first nine months of
the current fiscal year to meet needs related to trend topics. Bertrandt
has, for example, invested in an electric all-wheel drive test stand and
high-voltage test stands for power electronics. The equity ratio was 49.9
percent (previous year 47.0 percent). The number of employees increased by
62 in the reporting period to 13,028. The
various fields in which the Company operates offer perspectives for
specialists from numerous disciplines.
Bertrandt regards the underlying conditions in the next few years as
positive: they will enable the Company to continue securing and enhancing
its technical prowess as an engineering service provider and technology
group, particularly in the trend fields of autonomous driving,
electromobility, digitalisation and connectivity. This assessment is backed
up by a study, undertaken by Oliver Wyman in cooperation with the German
Association of the Automotive Industry (VDA), which underscores the
opportunities available for engineering service providers. Bertrandt
therefore plans to expand its in-frastructure and has decided to make very
specific additions to its existing facilities and to build up new testing
facilities. Good examples include the construction of two new testing
centres in northern and southern Germany for new drive technologies, or the
acquisition of more portable emissions measurement systems (PEMS) which
enable the mobile measurement of vehicle emissions. Bertrandt will also be
using agile startup-type units and focusing on industries and customers in
the fields of medical technology, virtual and augmented reality, cloud
solutions, machine learning or big data.
Additional information is available from:
Bertrandt AG
Birkensee 1
71139 Ehningen
www.bertrandt.com
Dr. Markus Götzl
Head of Marketing, Public Relations and Investor Relations
Tel.: +49 7034/656-4201
Fax: +49 7034/656-4488
[email protected]
Julia Nonnenmacher
Public Relations
Tel.: +49 7034/656-4037
Fax: +49 7034/656-4242
[email protected]
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Additional features:
Document: http://n.eqs.com/c/fncls.ssp?u=LNTFARNLUQ
Document title: Press Release - Report on the 3rd quarter 2017/2018
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29.08.2018 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
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Language: English
Company: Bertrandt AG
Birkensee 1
71139 Ehningen
Germany
Phone: +49 (0)7034/656-4201
Fax: +49 (0)7034/656-4488
E-mail: [email protected]
Internet: www.bertrandt.com
ISIN: DE0005232805
WKN: 523280
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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718115 29.08.2018
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