15.05.2013 Funkwerk AG  DE0005753149

DGAP-News: Funkwerk AG continues restructuring in Q1 2013


 
DGAP-News: Funkwerk AG / Key word(s): Interim Report/Quarter Results Funkwerk AG continues restructuring in Q1 2013 15.05.2013 / 15:05 --------------------------------------------------------------------- PRESS RELEASE Funkwerk AG continues restructuring in Q1 2013 - Consolidated sales of continued operations reduced to EUR 22.6m (Q1 2012: EUR 28.4m); EBIT at EUR -2.9m (Q1 2012: EUR -2.5m) - Positive order bookings in all segments - Forecast for fiscal 2013 confirmed Kölleda, 15 May 2013 - Over the last two years, Funkwerk AG has undergone a radical restructuring programme resulting in a significantly reduced size and increased focus on its core business. In the first quarter of 2013 attention was given primarily to improving the efficiency of its operations and creating more stable processes in the group. Foreign activities were intensified as part of the reorientation measures producing a positive effect on incoming business. New orders in the first three months of 2013 totalled EUR 33.3m (Q1 2012: EUR 29.2m), exceeding the prior-year figure by around 14 per cent. Order backlog was at EUR 76.9m at the end of March 2013 (31 March 2012: EUR 87.5m). The quarterly figures were adjusted for companies sold in 2012, which included Funkwerk Dabendorf GmbH, Funkwerk Avionics GmbH and the TCC sports display product line, as well as Microsyst Systemelectronic GmbH sold in early May 2013. On this basis, consolidated sales of the continued business segments aggregated EUR 22.6m in the first three months of 2013, falling short as expected of the prior-year figure of EUR 28.4m primarily because of investment reluctance in the public sector. The EBIT between January and March 2013 amounted to EUR -2.9m, compared to EUR -2.5m in the prior-year period. This was due to lower sales that could be compensated only partly by reduced costs following efficiency improvement measures. No impairment charges and restructuring costs were incurred in the reporting period (Q1 2012: EUR 0.2m). Net earnings per share stood at EUR -0.41 (Q1 2012: EUR -0.38). Cash flow from current operations in the first quarter of 2013 was reported at EUR -4.3m, compared to EUR -3.8m in the prior-year benchmark period. Equity in the Funkwerk group, which employed 789 people at the end of March, decreased to EUR 28.9m (31 December 2012: EUR 32.2m) as a result of the deficit. With stronger contraction of the consolidated balance sheet, the equity ratio increased from 28.5 per cent at 31 December 2012 to 29.7 per cent at the end of March 2013. Over the next few months, Funkwerk expects further increase in incoming orders for both its segments. The primary factors that are predicted to have a positive effect on the trend of business are specific efforts to improve the company's position in key growth markets and its technological lead in a number of market sectors. Against this backdrop, Funkwerk has confirmed its forecast for the full year, expecting sales in the group to remain steady at prior-year level (sales in 2012: EUR 141.3m). Earnings are projected to improve on the previous year, as the initiated cost saving measures will take full effect in 2013 (EBIT 2012: EUR -5.1m). The full interim report is available on the Internet at www.funkwerk.com. For further information please contact: Funkwerk AG Im Funkwerk 5 99625 Kölleda/Thuringia Germany Kerstin Schreiber Tel: 03635 458 500 Fax: 03635 458 399 E-mail: [email protected] End of Corporate News --------------------------------------------------------------------- 15.05.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Funkwerk AG Im Funkwerk 5 99625 Kölleda Germany Phone: +49 (0)3635 600 0 Fax: +49 (0)3635 600 507 E-mail: [email protected] Internet: www.funkwerk.com ISIN: DE0005753149 WKN: 575314 Listed: Regulierter Markt in München; Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart; Frankfurt in Open Market End of News DGAP News-Service --------------------------------------------------------------------- 211292 15.05.2013


Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 75,72 77,42 77,60 82,66 94,85 98,76 117,00
EBITDA1,2 7,50 7,81 9,70 12,97 17,88 22,71 28,60
EBITDA-Marge3 9,90 10,09 12,50 15,69 18,85 23,00 24,44
EBIT1,4 4,83 5,45 7,16 11,42 16,26 20,37 27,80
EBIT-Marge5 6,38 7,04 9,23 13,82 17,14 20,63 23,76
Jahresüberschuss1 12,26 4,02 4,39 7,44 8,21 13,56 15,70
Netto-Marge6 16,19 5,19 5,66 9,00 8,66 13,73 13,42
Cashflow1,7 5,12 5,19 7,99 14,92 19,67 22,00 23,40
Ergebnis je Aktie8 0,92 0,50 0,54 0,92 1,01 1,68 1,94
Dividende8 0,00 0,00 0,25 0,30 0,30 0,30 0,35
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - 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: BDO

INVESTOR-INFORMATIONEN
©boersengefluester.de
Funkwerk
WKN Kurs in € Einschätzung Börsenwert in Mio. €
575314 29,200 Kaufen 236,56
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
14,04 12,67 1,09 51,14
KBV KCV KUV EV/EBITDA
5,13 10,75 2,40 8,41
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
Hauptversammlung
0,30 0,30 1,03 20.07.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
Aug. 2021 30.04.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
8,92% 24,67% 37,74% 29,20%
    
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Elektrotechnik , 575314 , FEW , FWB:FEW