EANS-Adhoc: BWT Aktiengesellschaft BWT discloses preliminary results FY 2012
Sales exceeding 500 million Euro
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Financial Figures/Balance Sheet/Company Information
21.02.2013
- Revenues +4.9% to EUR502.3 million
- EBIT +2.3% to EUR22.2 million
- Net result +4.7% to EUR14.4 million
- Dividend proposed at EUR0.28 (unchanged)
Mondsee, February 21, 2013. BWT Group met the target plan in 2012, for the first
time achieving more than EUR500 million in sales in the financial year. At
EUR502.3 million, the previous year's figure was improved by EUR23.4 million, or
4.9%. BWT generated above average growth with its Point of Use products: EUR41.8
million signifies an increase in revenues of 20% as against the previous year
and 8.3% (previous year: 7.3%) of revenues.
Due to further increases in expenses for the brand building of "BWT" and
extensive measures for the launch and build-up of the Point of Use business, the
Group income has advanced only slightly. EBITDA grew by 4.3% to EUR40.8 million,
EBIT added 2.3% from EUR21.7 to EUR22.2 million and net earnings before
minorities inched up 4.7% to 14.4 million. In addition, the lower number of
outstanding shares, among other factors, led to higher earnings per share by
7.6% from 0.80 EUR in the previous year to 0.87 EUR in 2012.
Despite high capital expenditure, the balance sheet remained sound: Gearing, net
financial debt to equity capital, increased only slighty to close to EUR37
million, from 10.5% to 13.7% as at 31.12.2012 despite heavy investments into
fixed assets of close to EUR37 million. The number of employees rose from 2,689
to 2,726 persons.
The Management Board plans to propose the upcoming Annual General Meeting an
unchanged payment of dividend of EUR 0.28 per share.
Outlook
The measures geared towards building up the brand BWT with the claim "For You
and Planet Blue" as the leading water brand and associated investments required
for the Point of Use product segment in particular will be continued according
to plan in 2013. As a result of further increases in advertising expenses,
depreciation of fixed assets and financing costs, no growth in earnings can be
expected despite higher revenues.
Further inquiry note:
BWT Aktiengesellschaft
Mag. Ralf Burchert
ralf.burchert@bwt-group.com
Tel.: 06232/5011-1113
end of announcement euro adhoc
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issuer: BWT Aktiengesellschaft
Walter-Simmer-Str. 4
A-5310 Mondsee
phone: 06232/5011-0
FAX: 06232/4058
mail: office@bwt.at
WWW: www.bwt-group.com
sector: Water Supply
ISIN: AT0000737705
indexes: ATX Prime
stockmarkets: official market: Wien
language: English