09.09.2019 Aves One AG  DE000A168114

DGAP-News: Aves One with significant increases in sales and earnings in the first half of 2019 according to preliminary figures


 

DGAP-News: Aves One AG / Key word(s): Preliminary Results
Aves One with significant increases in sales and earnings in the first half of 2019 according to preliminary figures

09.09.2019 / 14:00
The issuer is solely responsible for the content of this announcement.


Corporate News

Aves One with significant increases in sales and earnings in the first half of 2019 according to preliminary figures

  • Asset volume reaches around EUR 838 million
  • Revenues more than doubled to around EUR 67 million
  • EBITDA rises by more than 90% to around EUR 42 million
  • EBT more than six-fold increased to around EUR 6.8 million (adjusted)

Hamburg, 9 September 2019 - According to preliminary figures, Aves One AG, a strongly growing portfolio holder in the field of long-lived logistics assets, looks back on a successful first half of 2019. Following an already successful 2018 financial year, the company is thus approaching another record year.

According to preliminary unaudited figures, revenues more than doubled to around EUR 67 million (previous year: EUR 32.4 million). At the same time, EBITDA rose from EUR 22.0 million to around EUR 42 million - an increase of more than 90%. EBT adjusted for exchange rate effects in the financial result rose even more significantly to EUR 6.8 million (previous year EUR 1.1 million). The strong sales and earnings growth confirm the positive operating development and the successful expansion of the asset portfolio at relatively constant fixed costs. With acquisitions of EUR 41 million, the asset volume increased slightly in the first half of 2019 (31.12.2018: EUR 820.9 million). Further acquisitions were made after the end of the reporting period, so that the expansion of the portfolio gained considerable momentum since then. With deliveries of around EUR 150 million already contractually agreed in the third quarter of 2019, the rail segment in particular will be significantly strengthened.

"We have continued our growth course in the first half of the year. This is reflected in the transactions that were successfully concluded this year. The preliminary half-year figures confirm our strategy. We intend to maintain the high pace of growth in the second half of the year and further increase our profitability and asset volume. I believe that we are on the right track to achieve the one billion Euro threshold line by the end of the year," explains Jürgen Bauer, CEO of Aves One AG.

For the current fiscal year, Aves One expects significantly higher revenues and a considerably higher EBITDA compared to the previous year. The Management Board confirms its forecast for the current business year 2019 to increase the revenues to more than EUR 110 million (2018: EUR 77.7 million) and to grow EBITDA to over EUR 80 million (2018: EUR 54.7 million).

The final figures for the first half of 2019 will be published at the end of September 2019.

About Aves One AG
Aves One AG is a strongly expanding holder of long-life logistics assets with a focus on freight cars. The portfolio also includes containers and swap bodies. The company plans to increase the value of its assets to more than EUR 1 billion by the end of 2019. With a young, profitable freight car portfolio, Aves One is one of the leading holders of rail logistics assets in Europe. The strategy is geared to constant optimization of Aves One's stock and further expansion of the logistics portfolio. Based in Hamburg, Aves One AG is listed on the regulated market (Prime Standard) of the Frankfurt Stock Exchange (ISIN: DE000A168114; WKN: A16811).

Further information
www.avesone.com

Contact
Aves One AG
Jürgen Bauer, CEO
T +49 (40) 696 528 350
F +49 (40) 696 528 359
E ir@avesone.com



09.09.2019 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.

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Language: English
Company: Aves One AG
Große Elbstrasse 61
22767 Hamburg
Germany
Phone: 040 696528 350
Fax: 040 696528 359
E-mail: ir@avesone.com
Internet: www.avesone.com
ISIN: DE000A168114
WKN: A16811
Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg, Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart; London
EQS News ID: 870623

 
End of News DGAP News Service

870623  09.09.2019 

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Die wichtigsten Finanzdaten auf einen Blick
  2013 2014 2015 2016 2017 2018 2019 2020e
Umsatzerlöse1 1,03 9,37 21,62 28,65 53,43 77,68 116,78 118,00
EBITDA1,2 -0,36 5,00 6,50 10,29 29,11 52,19 84,60 86,00
EBITDA-Marge3 -34,95 53,36 30,06 35,92 54,48 67,19 72,44 72,88
EBIT1,4 -0,37 3,20 1,70 1,78 9,39 31,17 51,70 50,00
EBIT-Marge5 -35,92 34,15 7,86 6,21 17,57 40,13 44,27 42,37
Jahresüberschuss1 -0,37 -0,90 -8,20 -7,67 -34,98 12,08 11,95 5,40
Netto-Marge6 -35,92 -9,61 -37,93 -26,77 -65,47 15,55 10,23 4,58
Cashflow1,7 -0,62 -1,82 5,29 4,72 24,31 51,00 80,01 49,00
Ergebnis je Aktie8 -0,04 0,79 0,47 -1,23 -3,15 0,93 0,92 0,42
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2019 - 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: PricewaterhouseCoopers

INVESTOR-INFORMATIONEN
©boersengefluester.de
Aves One
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A16811 8,300 Kaufen 108,02
KGV 2021e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
11,22 12,29 0,919 -207,50
KBV KCV KUV EV/EBITDA
2,52 1,35 0,93 12,868
Dividende '19 in € Dividende '20e in € Div.-Rendite '19e
in %
Hauptversammlung
0,00 0,00 0,00 23.07.2020
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
04.05.2020 22.09.2020 Nov. 2020 30.04.2020
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-6,81% -11,27% -29,66% -27,19%
    
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Logistik/Verkehr , A16811 , AVES , XETR:AVES