DGAP-News: AURELIUS publishes preliminary numbers for the 2018 financial year


 

DGAP-News: AURELIUS Equity Opportunities SE & Co. KGaA / Key word(s): Preliminary Results
AURELIUS publishes preliminary numbers for the 2018 financial year

12.03.2019 / 07:51
The issuer is solely responsible for the content of this announcement.


AURELIUS publishes preliminary numbers for the 2018 financial year

- Total consolidated revenues reach EUR 3.8 billion

- Group's portfolio strengthened by investments and 12 new acquisitions

- Operating EBITDA close to last year's level despite sales of highly profitable companies

- Management to propose a base dividend of EUR 1.50 per share, unchanged from last year; the participation dividend will depend on the exit proceeds generated in the time until the annual general meeting

Munich, March 12, 2019 - According to preliminary and not yet finally audited numbers, AURELIUS Equity Opportunities SE & Co. KGaA (ISIN DE000A0JK2A8) generated total consolidated revenues of EUR 3,781.8 million in the 2018 financial year (2017: EUR 4,047.3 million). Annualized consolidated revenues from continued operations reached EUR 3,819.1 million, after EUR 3,257.5 million in 2017.

Group's portfolio strengthened by investments and 12 new acquisitions

AURELIUS expanded its portfolio in financial year 2018 by acquiring 12 companies, eight of which being add-on acquisitions to strengthen existing subsidiaries. Among the new platform investments, the globally active multi-channel bookseller Bertram Books (formerly: Connect Books) in the United Kingdom was acquired in February 2018. In addition, AURELIUS acquired Ideal Shopping Direct, a leading multi-channel home shopping provider in the United Kingdom, in late July 2018. It completed the acquisition of the Mannheim-based water and wastewater valves manufacturer VAG from the US Rexnord Group in late November 2018. AURELIUS acquired Hellanor, the Norwegian wholesaler of automotive parts, in December 2018. The add-on acquisitions were mainly conducted by the AURELIUS subsidiaries GHOTEL hotel & living, SOLIDUS, and the Scandinavian Cosmetics Group. AURELIUS made extensive investments in the existing portfolio of companies, which had also a positive impact on the subsidiaries' market positions and competitiveness. A considerable number of portfolio companies developed to market maturity in 2018. For this reason, further lucrative sales can be expected in the 2019 financial year.

Operating EBITDA close to last year's level despite sales of highly profitable companies in the 2017 financial year

AURELIUS generated an operating EBITDA of EUR 103.0 million in financial year 2018, which was in line with the Group's forecast of operating EBITDA at the level of the average of the previous years. As expected, the EBITDA of the combined Group of EUR 94.4 million was considerably less than the prior-year figure (2017: EUR 627.7 million) due to the lower gains on transactions. This figure includes EUR 84.4 million of gains on bargain purchases of companies acquired in 2018 (2017: EUR 447.1 million) and EUR 6.5 million of profit contributions from exit sales (2017: EUR 193.9 million).

Management to propose a base dividend of EUR 1.50 per share, unchanged from last year; the participation dividend will depend on the exit proceeds generated in the time until the annual general meeting

The Executive Board will propose a base dividend of EUR 1.50 per share, unchanged from last year, to the Supervisory Board for the annual general meeting to be held on July 19, 2019.

In addition to the base dividend, AURELIUS Equity Opportunities SE & Co. KGaA will pay a so-called participation dividend to shareholders in the event of successful exit sales. If further portfolio companies are sold in the time until the annual general meeting, a proportional participation dividend will be paid to shareholders on the basis of the corresponding exit proceeds.

Key figures

(in EUR millions) 1/1-12/31/2017 1/1-12/31/2018
Total consolidated revenues 4,047.3 3,781.8
Annualized consolidated revenues 1 3,257.5 3,819.1
EBITDA of the combined Group 627.7 94.4
- of which gains on bargain purchases 447.1 84.4
- of which restructuring and non-recurring expenses 128.2 99.5
- of which gains on exits 193.9 6.5
Consolidated operating EBITDA 114.9 103.0
  12/31/2017 12/31/2018
Cash and cash equivalents 606.3 290.8
Equity ratio2 29% 25%
 

1) From continued operations.
2) Including non-controlling interests.

ABOUT AURELIUS

AURELIUS Group is a pan-European investment group with offices in Munich, London, Stockholm, Amsterdam and Madrid. Since it was founded in 2006, AURELIUS has grown from a local turnaround investor to an international multi-asset manager.
AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8, ticker symbol: AR4) represents the listed entity within the AURELIUS Group that focuses on investing in special and turnaround situations and mid-market transaction opportunities in a broad range of industries. AURELIUS Equity Opportunities currently has 22 portfolio companies located across Europe which employ around 15,000 people and generate annual revenues of approx. EUR 3.8 billion. The shares of AURELIUS Equity Opportunities are traded on all German stock exchanges. The company's market capitalization is approximately EUR 1.2 billion (as of March 2019).
The AURELIUS Group also operates in the areas of growth capital, real estate opportunities and debt. AURELIUS Growth Capital invests in successor solutions and spin-offs from larger mid-sized companies and corporate groups. AURELIUS Real Estate Opportunities focuses on real estate investments, particularly in projects with operational improvement potential, the value of which can be increased in the long-term by means of active management. AURELIUS Finance Company is an alternative direct lender, focused on providing debt solutions to small and mid-market firms across Europe. With its group charity AURELIUS Refugee Initiative e.V., AURELIUS provides comprehensive support for refugees on their way towards a better life.
To find out more, visit www.aureliusinvest.de.

CONTACT
AURELIUS Group
Anke Banaschewski
Investor Relations & Corporate Communications
Phone: +49 (89) 544799 - 0
Fax: +49 (89) 544799 - 55
E-mail: [email protected]




Contact:
AURELIUS Group
Anke Banaschewski
Investor Relations & Corporate Communications
Phone: +49 (89) 544799-0
Fax: +49 (89) 544799-55
E-Mail: [email protected]


12.03.2019 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.
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Language: English
Company: AURELIUS Equity Opportunities SE & Co. KGaA
Ludwig-Ganghofer-Straße 6
82031 Grünwald
Germany
Phone: +49 (0)89 544 799-0
Fax: +49 (0)89 544 799-55
E-mail: [email protected]
Internet: www.aureliusinvest.de
ISIN: DE000A0JK2A8
WKN: A0JK2A
Listed: Regulated Unofficial Market in Berlin, Frankfurt, Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange

 
End of News DGAP News Service

786333  12.03.2019 

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 2.998,35 2.902,94 3.612,00 1.932,90 2.560,80 2.995,00 0,00
EBITDA1,2 272,56 65,72 80,30 167,60 249,70 154,40 0,00
EBITDA-Marge3 9,09 2,26 2,22 8,67 9,75 5,16
EBIT1,4 202,00 11,69 -84,20 222,70 115,80 29,40 0,00
EBIT-Marge5 6,74 0,40 -2,33 11,52 4,52 0,98 0,00
Jahresüberschuss1 484,49 -39,52 18,27 121,60 151,80 78,70 0,00
Netto-Marge6 16,16 -1,36 0,51 6,29 5,93 2,63 0,00
Cashflow1,7 -132,16 -50,00 -76,10 227,50 42,90 -41,50 0,00
Ergebnis je Aktie8 5,98 -1,43 -3,43 3,62 4,86 2,99 1,65
Dividende8 5,00 3,00 0,00 1,00 1,50 0,05 4,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: KPMG

INVESTOR-INFORMATIONEN
©boersengefluester.de
Aurelius Equity Opportunities
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0JK2A 14,620 Halten 398,69
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
7,31 7,86 0,94 7,31
KBV KCV KUV EV/EBITDA
0,66 - 0,13 3,15
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,05 0,25 1,71 20.09.2023
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
11.05.2023 10.08.2023 10.11.2022 27.03.2023
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-1,66% 5,97% 7,50% 0,76%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu AURELIUS Equity Opportunities SE & Co. KGaA  ISIN: DE000A0JK2A8 können Sie bei EQS abrufen


Beteiligungen , A0JK2A , AR4 , HAM:AR4