04.08.2016 Progress-Werk Oberkirch AG  DE0006968001

DGAP-News: Progress-Werk Oberkirch AG: PWO announces strong second quarter and first half of 2016


 
DGAP-News: Progress-Werk Oberkirch AG / Key word(s): Half Year Results Progress-Werk Oberkirch AG: PWO announces strong second quarter and first half of 2016 04.08.2016 / 08:00 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- - Continued high level of new business - All locations recorded a favorable development in revenue and EBIT before currency effects - Q2: EBIT before currency effects 25 percent higher year-on-year; net income for the period more than doubled Oberkirch, August 4, 2016 - PWO today published its interim financial report for the second quarter and first half of 2016. Developments were consistently positive: New business in the first half of 2016 is already close to the record volume achieved for the entire fiscal year 2015. Our locations in Mexico and China have confirmed their turnarounds. The Czech Republic location in the second quarter returned to the customary EBIT margins generated in prior years, once again emphatically underlining its performance capabilities. The Group's revenue and total output benefited from positive market developments but falling raw material prices dampened growth. This has only a minor effect on our EBIT. Revenue in the second quarter increased to EUR 105.0 million (p/y: EUR 101.2 million), and total output rose to EUR 110.0 million (p/y: 106.3 million). EBIT before currency effects climbed 25 percent to EUR 6.6 million (p/y: EUR 5.3 million). Net income for the period including currency effects of EUR -0.2 million (p/y: EUR -1.4 million) and after financial expenses and income taxes increased to EUR 3.5 million (p/y: EUR 1.5 million) bringing earnings per share up to EUR 1.12 (p/y: EUR 0.49). The performance of the first half of 2016 was still affected by the somewhat subdued start in the year. Revenue grew to EUR 208.7 million (p/y: EUR 200.8 million), and total output rose to EUR 209.9 million (p/y: 209.5 million). EBIT before currency effects climbed 12.0 percent to EUR 11.5 million (p/y: EUR 10.2 million). Net income for the period, including currency effects of EUR -1.5 million (p/y: EUR -0.7 million), increased to EUR 4.8 million (p/y: EUR 4.7 million) resulting in earnings per share of EUR 1.55 (p/y: EUR 1.50). We are very pleased with our current operating development and are confirming our 2016 forecast of a slight improvement in revenue to around EUR 410 million and an increase in EBIT before currency effects to a total of EUR 20 million. Generally, we refrain from making forecasts with respect to future currency parities. Progress-Werk Oberkirch AG The Management Board PWO company profile PWO is one of the world's leading developers and manufacturers of advanced metal components and systems in lightweight construction for automobile safety and comfort. The Group has developed a unique knowledge in the forming and joining of metals over the course of its roughly 97-year history since it was founded in 1919. The German location at Oberkirch today employs around 1,500 staff members. PWO is globally represented with further sites in the Czech Republic, Canada, Mexico, and China. The Group employs a total of 3,100 staff members. PW0 is a partner to the global automotive industry for the development and production of innovative products in the divisions of "Mechanical components for electrical and electronic applications", "Safety components for airbags, seats and steering" and "Components and subsystems for vehicle bodies and chassis". --------------------------------------------------------------------------- 04.08.2016 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. Archive at www.dgap.de --------------------------------------------------------------------------- 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 End of News DGAP News Service --------------------------------------------------------------------------- 489063 04.08.2016


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 461,01 476,27 458,62 371,15 404,27 530,76 550,00
EBITDA1,2 44,96 42,70 45,98 21,17 47,16 51,19 51,50
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 27,00
EBIT-Marge5 4,45 3,87 4,35 -2,72 5,40 5,05 4,91
Jahresüberschuss1 10,06 6,64 9,10 -11,66 14,74 15,21 15,40
Netto-Marge6 2,18 1,39 1,98 -3,14 3,65 2,87 2,80
Cashflow1,7 38,31 38,45 47,95 49,20 20,96 11,57 0,00
Ergebnis je Aktie8 3,22 2,12 2,91 -3,73 4,72 4,87 4,90
Dividende8 1,65 1,35 0,00 0,00 1,50 1,65 1,60
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - 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
PWO
WKN Kurs in € Einschätzung Börsenwert in Mio. €
696800 30,200 Kaufen 94,38
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
7,84 10,03 0,77 11,57
KBV KCV KUV EV/EBITDA
0,64 8,16 0,18 3,81
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
1,65 1,65 5,46 06.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
15.05.2024 09.08.2024 08.11.2023 28.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
2,19% 0,02% 0,67% -2,89%
    
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