DGAP-News: AGO AG Energie + Anlagen / Key word(s): Quarter Results
AGO AG publishes Q3 2012 figures
30.11.2012 / 16:07
---------------------------------------------------------------------
Corporate news, 30 November 2012
AGO AG publishes Q3 2012 figures
- Sales: EUR 36,561 thousand (previous year's period: EUR 50,134
thousand)
- Gross margin increased from 3.6 percent to 5.6 percent
- EBIT: EUR 124 thousand (previous year's period: EUR -476 thousand)
Kulmbach, 30 November 2012: AGO AG Energie + Anlagen (WKN: A0LR41, ISIN:
DE000A0LR415) has published its figures for the third quarter of 2012.
In the first nine months of 2012, AGO AG Energie + Anlagen booked EUR
36,561 thousand revenue (previous year's period: EUR 50,134 thousand).
Order intake is consciously controlled to create a healthy economic
performance. This serves the purpose of increasing the Group's operating
profitability.
Order intake at AGO AG Energie + Anlagen amounted to EUR 29,706 thousand in
the first nine months of 2012 (previous year's period: EUR 34,771
thousand). The order backlog amounted to EUR 22,957 thousand (30 September
2011: EUR 25,181 thousand).
Gross profit increased from EUR 1,782 thousand to EUR 2,058 thousand. As a
result, the gross margin increased from 3.6 percent to 5.6 percent. EBIT
also increased year-on-year in the first nine months of 2012 by EUR 600
thousand, from EUR -476 thousand to EUR 124 thousand. Consolidated net
profit for the period amounted to EUR -1,998 thousand (previous year's
period: EUR -735 thousand) due to negative earnings from discontinued
operations. Earnings per share for the first nine months 2012 were EUR
-0.50 (previous year: EUR -0.18) and diluted earnings per share were EUR
-0.39.
Due to one-off charges the result will be negative in the fourth quarter.
Therefore, equity at AGO AG Energie + Anlagen according to German GAAP will
be less than half of the company's subscribed capital. The Management Board
will shortly convene an extraordinary General Meeting. In this meeting the
Management Board will explain the company's position and its measures to
improve performance. In addition, the Management Board will convene a
meeting of the creditors of the convertible bond issued last year to vote
on an early conversion.
The Q3 2012 Report of AGO AG Energie + Anlagen is now available for
download at www.ago.ag in the Investor Relations section.
The Management Board
About AGO AG Energie + Anlagen:
AGO AG Energie + Anlagen, with its registered office in Kulmbach, was
founded in 1980 and is specialized in the area of innovative and efficient
energy supply facilities for industrial customers. Main focus is laid on
the three business divisions: design, engineering and construction of
plants and service and consultation. The core competencies of the company
mainly commit to biomass cogeneration plants and combined heat and power
stations for heating and cooling plant construction and tri-generation (the
simultaneous production of electricity, heat, and cooling). Site studies
and development, energy efficiency consulting, resource and fossil fuel
management as well as emission trade management - these areas round out the
AGO business model. The name AGO symbolizes the efficiency, security and
technological competence of its energy supply facilities.
Contact:
Company contact:
AGO AG Energie + Anlagen
Am Goldenen Feld 23
D-95326 Kulmbach
www.ago.ag
T. +49 (0) 9221 602 0
F. +49 (0) 9221 602 149
ir-ago@ago.ag
Investor Relations contact:
GFEI Aktiengesellschaft
Marcus Kapust
Am Hauptbahnhof 6
60329 Frankfurt am Main
www.gfei.de
T. +49 (0) 69 743 037 00
F. +49 (0) 69 743 037 22
ir-ago@gfei.de
End of Corporate News
---------------------------------------------------------------------
30.11.2012 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: AGO AG Energie + Anlagen
Am Goldenen Feld 23
95326 Kulmbach
Germany
Phone: +49 (0)9221 602-0
Fax: +49 (0)9221 602-149
E-mail: info@ago.ag
Internet: http://www.ago.ag
ISIN: DE000A0LR415
WKN: A0LR41
Listed: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Open Market
(Entry Standard) in Frankfurt
End of News DGAP News-Service
---------------------------------------------------------------------
195450 30.11.2012
DGAP-News: AGO AG publishes Q3 2012 figures
| Source: EQS Group AG