CI-1131-07.15-A
FISCAL 2014/2015 Bertrandt AG Birkensee 1, 71139 Ehningen Germany Telephone +49 7034 656-0 Telefax +49 7034 656-4100 www.bertrandt.com
[email protected] REPORT ON THE 3 RD QUARTER – 1 OCTOBER 2014 UNTIL 30 JUNE 2015
02
FISCAL 2014/2015
THE FIRST THREE QUARTERS AT A GLANCE FINANCIAL FIGURES
OVERVIEW
Income statement, Cash flow statement, Balance sheet, Share, Employees IFRS 01/10/14 – 30/06/15
Changes in %
01/10/13 – 30/06/14
Income statement 678.502
8.1
627.778
Operating profit (EUR million)
62.134
3.1
60.253
Profit from ordinary activities (EUR million)
62.234
2.7
60.624
Earnings after income tax (EUR million)
41.885
0.2
41.804
Cash flow from operating activities (EUR million)
-4.417
-110.7
41.206
Cash flow from investing activities (EUR million)
-52.670
69.3
-31.106
Free cash flow (EUR million)
-57.087
-665.2
10.100
54.905
65.0
33.283
299.321
15.3
259.683
57.3
-6.0
60.9
522.808
22.7
426.109
Revenues (EUR million)
Cash flow statement
Capital spending (EUR million) Balance sheet Capital and reserves (EUR million) Equity ratio (%) Total assets (EUR million) Share
4.15
0.0
4.15
Share price on 30 June (EUR)1
117.75
1.3
116.20
Share price, high (EUR)2
138.35
15.4
119.85
Share price, low (EUR)2
107.80
20.3
89.60
10,143,240
–
10,143,240
1,194.4
1.3
1,178.6
Earnings per share (EUR)
Shares outstanding on 30 June (number) Market capitalisation on 30 June (EUR million) Employees Number of employees at Bertrandt Group on 30 June
1 2
Closing price in Xetra trading. In Xetra trading.
12,059
5.8
11,403
The latest summer forecast by the Kiel Institute for the World Economy (IfW) has identified a downturn in the momentum of the global economy, both in the advanced and the emerging economies. The German economy, however, remains on track for growth. The Kiel Institute expects gross domestic product in Germany to increase 1.8 percent this year. According to the German Association of the Automotive Industry (VDA) the major automotive markets in the USA and western Europe will expand substantially in 2015. Even the Chinese market, which has recently showed signs of slowing down, will almost certainly continue to grow over the year as a whole. As things stand, the industry association anticipates an increase in worldwide new car registrations in 2015 of one percent to 76.6 million vehicles. In this setting, the business performance of Bertrandt AG was as follows: In the first three quarters of fiscal 2014/2015 revenues went up by 8.1 percent to EUR 678.502 million over the same period in the previous year (EUR 627.778 million). Bertrandt generated operating profit during the period under review of EUR 62.134 million (previous year EUR 60.253 million) equal to a margin of 9.2 percent (previous year 9.6 percent). Post-tax earnings amounted to EUR 41.885 million (previous year EUR 41.804 million), 0.2 percent higher than the previous year. This works out at earnings per share of EUR 4.15 (previous year EUR 4.15). The workforce increased by 656 year on year to 12,059 employees (11,403 employees on 30 June 201
