DGAP-News: Augusta Technologie AG / Key word(s): Quarter Results
Augusta Technologie AG: confirms guidance for 2013 despite difficult
first quarter in 2013
06.05.2013 / 07:37
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AUGUSTA confirms guidance for 2013 despite difficult first quarter in 2013
- Revenues and profitability below comparable figures for previous year
- Orders on hand and liquidity very high
- Growth firmly in the company's sights: acquisition of Canadian firm 3D3
Solutions, a leading provider in 3D scanning
Munich, May 6, 2013 - The consolidated sales revenues of AUGUSTA
Technologie AG (ISIN DE000A0D6612) decreased by 6.2 percent to EUR 24.1
million compared with the same period in the previous year, mainly due to
the Other Business Units. The gross margin fell to 48.1 percent (previous
year: 49.1 percent).
Earnings before interest, taxes, depreciation and amortization (EBITDA) was
EUR 3.7 million (previous year: EUR 4.7 million). The EBITDA margin dropped
to 15.5 percent as a result of the lower revenue, down 2.6 percentage
points on the previous year's figure.
The net income for the period from continued operations (VISION, Other
Business Units) fell 27.3 percent to EUR 2.0 million, resulting in earnings
per share of EUR 0.25 (previous year: EUR 0.35).
At the end of March 2013, incoming orders amounted to EUR 25.8 million, 7.3
percent less than in the prior year. At EUR 45.5 million, orders on hand
are nevertheless significantly above the level for the previous year (EUR
40.3 million). A rise in revenues and profitability is expected in the
second quarter of 2013.
Cash and cash equivalents amount to EUR 54.1 million at the end of the
quarter.
At the end of April 2013, LMI Technologies Inc. acquired the Canadian
company 3D3 Solutions Ltd., a leading provider of 3-dimensional scanning
products. 'AUGUSTA is adhering to its successful expansion course of recent
years with its purchase of 3D3 Solutions. Despite the changes in our
shareholder structure, we will grow by acquisition as well as organically,'
noted Berth Hausmann, CEO of AUGUSTA Technologie AG.
In view of the well-filled order book, AUGUSTA confirmed that it expects to
reach its stated annual forecast and anticipates consolidated sales
revenues of between EUR 103 and 115 million and an EBITDA of between EUR 17
and 21 million.
Overview of figures as of March 31, 2013
<pre>
In EUR million Q1 2012 Q1 2013 Change
Revenue
Group 25.66 24.07 -6.2%
VISION 16.58 16.12 -2.8%
Other Business Units 9.08 7.95 -12.4%
EBITDA
Group 4.64 3.73 -19.6%
VISION 5.00 4.13 -17.4%
Other Business Units 0.61 0.07 -89.1%
EBITA
Group 4.29 3.38 -21.4%
VISION 4.79 3.94 -17.9
Other Business Units 0.47 -0.09 -120.1%
Key figures
New orders 27.85 25.82 -7.3%
Orders on hand 40.33 45.50 +12.8
Net profit (continuing operations) 2.70 1.97 -27.3%
Earnings per share in EUR 0.35 0.25 -28.6%
(continuing operations)
</pre>
ISIN: DE000A0D6612
Price listing: Deutsche Börse AG's Prime Standard
AUGUSTA Technologie AG
Dr. Falco Federmann
Investor Relations & Corporate Communications
Willy-Brandt-Platz 3
81829 Munich
Phone: +49 - (0)89 - 43 57 155 - 17
Fax: +49 - (0)89 - 43 57 155 - 57
E-mail: investor-relations@augusta-ag.com
The Company
AUGUSTA Technologie AG is an integrated technology company with a focus on
niche markets of digital image processing and optical sensors.
Through its core VISION segment, the company supplies digital cameras and
optical sensor systems for enhancing quality, safety and efficiency. It
develops and produces both standard products and customer-specific systems
for a broad range of uses in a number of sectors, including manufacturing,
medical technology, multimedia, transport and security technology.
The segment Other Divisions bundles AUGUSTA's activities in the field of
mobile measurement technology and power electronics.
AUGUSTA generated consolidated sales revenues of EUR 109.6 million and
earnings before interest, taxes, depreciation and amortization (EBITDA) of
EUR 21.0 million in the 2012 fiscal year.
End of Corporate News
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06.05.2013 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: Augusta Technologie AG
Willy-Brandt-Platz 3
81829 München
Germany
Phone: +49-(0)89-4357155-25
Fax: +49-(0)89-4357155-65
E-mail: charlotte.kiehne@augusta-ag.com
Internet: www.augusta-ag.com
ISIN: DE000A0D6612, DE0003705992
WKN: A0D661, 370599
Indices: CDAX, PRIMEALL
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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209713 06.05.2013
DGAP-News: Augusta Technologie AG: confirms guidance for 2013 despite difficult first quarter in 2013
| Quelle: EQS Group AG