DGAP-News: INDUS Holding AG / Key word(s): Half Year Results INDUS reports growing revenues and earnings 18.08.2015 / 07:30 --------------------------------------------------------------------- INDUS reports growing revenues and earnings - Good order situation at the half-year stage - Strong investment activity to continue Bergisch Gladbach, 18 August 2015 - After the first six months of 2015, INDUS Holding AG is well on track. The Group posted sales revenues of EUR 675.6 million as of the half-year stage (H1 2014: EUR 600.3 million). Earnings before interest and taxes (EBIT) amounted to EUR 62.7 million (H1 2014: EUR 58.5 million). At EUR 32.0 million, net income for the period exceeded the previous year's EUR 28.1 million. Strong increase in revenues and earnings The Group's sales revenues and earnings increased by 12% and 7%, respectively. Except for the Construction/Infrastructure segment, whose good order situation will be reflected in the result only in the second half of the year, all segments increased their revenues, namely by between 5% and 51%. The strongest growth was reported by the Metals Technology and Medical Engineering / Life Science segments, which is not least due to acquisitions. Operating cash flow stood at EUR 26.4 million at the six-month stage (H1 2014: EUR 17.9 million). At 40.4%, the equity ratio exceeded the long-term target of 40% defined by INDUS (31 December 2014: 42.0%). In spite of the growth investments and the dividend of approx. EUR 29 million paid out in early June, the Group's liquidity is high at EUR 95.6 million (H1 2014: EUR 102.0 million). Investments in acquisitions and the portfolio exceed EUR 55 million as of the reporting date At the beginning of the year, INDUS subsidiary OFA acquired a complete production facility in Glauchau, Saxony, whose integration is underway. During the same period, SELZER Fertigungstechnik acquired the remaining minority interest of 10% in Selzer Automotiva do Brasil in Brazil. In early May, OFA made another acquisition and took over NEA International, a Dutch company specialising in orthotic devices. Another specialist for medical products, RAGUSE GmbH, joined the Group in June. The latest addition to the INDUS portfolio is IEF-Werner GmbH, a specialist for automation and measuring equipment, which was acquired at the end of July. INDUS will spend a total of approx. EUR 44 million for the above acquisitions. The RAGUSE and IEF-Werner acquisitions are not included in the figures for the first six months of 2015. In addition, the Group invested about EUR 32 million in fixed and intangible assets in the first half of 2015. This means that INDUS once again stepped up its investment activity compared to the first half of the previous year; the Board of Management expects investment activity to remain high in the full year 2015, for which an amount of over EUR 100 million is projected. In addition Jürgen Abromeit, Chairman of the Board of Management of INDUS confirmed the outlook: "In spite of the current weakness in China, our Group-wide order situation is good to very good. What is more, we are only little affected by the weakness of the Russian market. We are still working on a few operational improvements but this relates primarily to our Swiss companies and to process optimisations in the Automotive Technology segment. Our growth investments in new companies are now gradually paying off. It is especially our acquisitions which are showing an extremely dynamic performance." INDUS expects sales revenues for the current financial year to increase to EUR 1.3 billion, with earnings before interest and taxes projected to come in between EUR 125 million and EUR 130 million. These projections do not include the revenue and earnings contributions made by acquisitions. Contact: Regina Wolter Corporate Communications & Investor Relations Phone +49 2204 4000 70 E-Mail [email protected] --------------------------------------------------------------------- 18.08.2015 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. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: INDUS Holding AG Kölner Straße 32 51429 Bergisch Gladbach Germany Phone: +49 (0)2204 40 00-0 Fax: +49 (0)2204 40 00-20 E-mail: [email protected] Internet: www.indus.de ISIN: DE0006200108 WKN: 620010 Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Munich, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 387567 18.08.2015