EANS-Adhoc: BWT Aktiengesellschaft BWT - first quarter 2012 results
BWT started into 2012 reporting higher revenues and earnings
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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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3-month report
11.05.2012
- Revenues: EUR 119.1 million (+3.0%)
- EBIT EUR 6.7 million (+7.6%)
- Net result EUR 4.3 million (+19.6%)
- Outlook: Annual revenues should exceed EUR 500 million for the first time,
stable net result
Mondsee, May 11th, 2012. "The Mg2+ technology more and more turns out to be a
growth driver for BWT and our promotional activities increasingly raise
awareness for BWT - For You and Planet Blue with end consumers", says Andreas
Weissenbacher, CEO of BWT about the first quarter 2012.
In the period from January to March, BWT Group's consolidated revenues rose from
EUR115.6 million by 3.0% to EUR119.1 million. With the same Group structure
(following disposal of zeta in April 2011), revenues growth would have amounted
to 6.3% in the 1st quarter. The Point of Use business comprising the Mg2+ table
water filters and the professional filters for customers in gastronomy/catering
and vending experienced above-average growth of 26.4%, thus accounting for 8.7%
of consolidated revenues.
EBIT rose from EUR6.2 million to EUR6.7 million and thus amounted to 5.6% of the
revenues. The Group's consolidated net earnings after minority interests
totalled EUR4.3 million compared with EUR3.6 million the previous year, thus
improving from 2011 by 19.6%. Earnings per share were EUR0.26, against EUR0.21
in the same period of last year.
Net debt of the BWT Group fell by EUR5.6 million to EUR23.8 million against the
end of March of the previous year. Gearing improved from 18% in the previous
year to 14% this year. As of 31 March 2012, the consolidated balance sheet of
the BWT Group showed an equity ratio of 48% compared with 47% in the previous
year.
Outlook
Andreas Weißenbacher: "We are proceeding according to plan with our capital
expenditure programme at our company site in Austria. For the financial year
2012, we expect sales exceeding EUR 500 million after EUR 479 millionen in 2011,
increased marketing expenses and ongoing investment into the Point of Use
business will barely allow for growth in net income following EUR 14 million
achieved last year."
The First Quarter 2012 Report is available on our Homepage www.bwt-group.com in
section "Investor".
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