06.09.2019 Progress-Werk Oberkirch AG  DE0006968001

DGAP-News: Progress-Werk Oberkirch AG: PWO becomes a member of the 'Brose Exclusive Supplier Team' ('BEST')


 

DGAP-News: Progress-Werk Oberkirch AG / Key word(s): Miscellaneous
Progress-Werk Oberkirch AG: PWO becomes a member of the 'Brose Exclusive Supplier Team' ('BEST') (news with additional features)

06.09.2019 / 09:45
The issuer is solely responsible for the content of this announcement.


Oberkirch, September 06, 2019 - PWO has been named by Brose - one of its largest customers - as a member of the Brose Exclusive Supplier Team ("BEST"). During a visit, the managing director responsible for procurement at the Brose Group, Periklis Nassios, the Head of Procurement Mechanics and Raw Materials, Werner Appelmann, and Head of Procurement Metal, Stephanie Thorel-Walsdorf, presented this prestigious award to the great pleasure of the PWO sales team.

PWO was already recognized by Brose as a "Key Supplier" in 2016 and 2018, as one of 90 suppliers for PWO's particular strategic importance and history of delivery reliability. Brose is now forming a new, special supplier platform for this already prominent group consisting initially of eight "BEST" suppliers, with whom Brose will work more intensely in the future.

Brose presented the award while expressing its deep appreciation for the extraordinary commitment, superior delivery quality and reliability, and exceptionally innovative products and processes, which PWO has proven repeatedly during the numerous joint projects.

CEO Volker Simon was very pleased with the award saying: "We have been a business partner of Brose for more than 30 years and are currently one of this globally operating group's largest suppliers and one of the few to supply to all three of its business units (doors, drives and seats). Our five plants, spread among all of the markets important for our customers, make us a competitive partner, enabling us to more than double our business volume with the Brose Group since 2010. We currently deliver about 50 million components per year to this customer. This award is in recognition of the superior performance of all our employees who we would like to thank for their continued strong commitment. We would also like to thank Brose for their many years of trustworthy cooperation."

Progress-Werk Oberkirch AG
The Management Board

PWO company profile
PWO is a partner to the global automotive industry for the development and production of advanced metal components and subsystems using lightweight construction. The Group has developed a unique knowledge in the forming and joining of metals over the course of its 100-year history since it was founded in 1919. With our expertise in cost-efficient lightweight construction, we contribute to environmentally friendly driving and greater distances.

All of the Group's more than 1,000 products contribute to automotive comfort and safety. More than 90 percent of revenue is independent of the vehicle's type of drivetrain. Approximately 3,300 employees on three continents at five production sites and four assembly plants ensure the highest level of delivery reliability and quality.


Additional features:

Picture: http://newsfeed2.eqs.com/progresswerk/869421.html
Subtitle: Brose names PWO "BEST"-Supplier. f.l.t.r.: Thorsten Sehl (PWO), Periklis Nassios (EVP Brose), Stephanie Thorel-Walsdorf (Brose), Dr. Volker Simon (CEO PWO), Bernd Conrad (PWO), Werner Appelmann (Brose).


06.09.2019 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: Progress-Werk Oberkirch AG
Industriestraße 8
77704 Oberkirch
Germany
Phone: +49 (0)7802 84-347
Fax: +49 (0)7802 84-789
E-mail: [email protected]
Internet: www.progress-werk.de
ISIN: DE0006968001
WKN: 696800
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Tradegate Exchange
EQS News ID: 869421

 
End of News DGAP News Service

869421  06.09.2019 

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 461,01 476,27 458,62 371,15 404,27 530,76 555,84
EBITDA1,2 44,96 42,70 45,98 21,17 47,16 51,19 52,04
EBITDA-Marge3 9,75 8,97 10,03 5,70 11,67 9,64
EBIT1,4 20,53 18,43 19,93 -10,10 21,82 26,78 27,86
EBIT-Marge5 4,45 3,87 4,35 -2,72 5,40 5,05 5,01
Jahresüberschuss1 10,06 6,64 9,10 -11,66 14,74 15,21 16,22
Netto-Marge6 2,18 1,39 1,98 -3,14 3,65 2,87 2,92
Cashflow1,7 38,31 38,45 47,95 49,20 20,96 11,57 37,39
Ergebnis je Aktie8 3,22 2,12 2,91 -3,73 4,72 4,87 5,19
Dividende8 1,65 1,35 0,00 0,00 1,50 1,65 1,60
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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
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PWO
WKN Kurs in € Einschätzung Börsenwert in Mio. €
696800 30,400 Kaufen 95,00
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
5,63 9,63 0,58 9,93
KBV KCV KUV EV/EBITDA
0,63 2,54 0,17 4,80
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
1,65 1,75 5,76 06.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
15.05.2024 09.08.2024 13.11.2024 28.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
2,21% 0,27% 1,33% -0,65%
    
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