Rolls-Royce Power Systems AG
Tognum AG: Tognum after Q1: full-year forecast confirmed
Tognum AG / Key word(s): Quarter Results/Interim Report Contact for the media: Julia Löffelsend Phone / E-mail: +49 7541 90-3989 / pr@tognum.com Contact for analysts and investors: IR Team Phone / E-mail: +49 7541 90-3318 / ir@tognum.com Tognum after Q1: full-year forecast confirmed – Solid order intake amounting to EUR771.5 million – Revenues increase to EUR685.3 million – Adjusted EBIT margin of 9.9% – Forecast for full-year 2012 confirmed – More than 10,000 employees following Aggetech takeover Friedrichshafen, 10 May 2012. The specialist for propulsion and power solutions Tognum, at the end of the first quarter, has confirmed its forecast for the full-year 2012. The company continues to expect a single-digit percentage growth in revenues and an adjusted return on sales of over ten per cent. ‘As a result of an order backlog that remains strong at over two billion euros, we are confident that we will achieve our targets for the 2012 financial year,’ said Joachim Coers, CEO of Tognum AG. ‘But in view of the considerable uncertainty that continues to prevail on the capital and commodities markets, we will have to expect fluctuations in demand in the course of the year.’ Order intake and revenues Adjusted EBIT and adjusted EBIT margin Adjusted gross profit margin and adjusted group net profit Equity ratio, free cash flow and net financial debt Segment reporting Revenues in the Onsite Energy & Components segment were up 10.0% in the first quarter to EUR231.9 million (Q1 2011: EUR210.9 million). In the OE Diesel Systems & Engines application area, business in diesel systems performed positively. The supply business to OEM customers declined due to high stock levels at the beginning of the year. The growing demand for gas systems resulted in revenues increasing in the OE Gas Power Systems application area by 83.3% to EUR18.7 million (Q1 2011: EUR10.2 million). The adjusted segment EBIT amounted to EUR24.6 million (Q1 2011: EUR24.8 million). Revenue volume in the Distribution segment at EUR108.0 million was at the same level as last year (Q1 2011: EUR110.2 million). The adjusted segment EBIT was EUR5.2 million (Q1 2011: EUR7.3 million). Employees Key figures for the Tognum Group
Disclaimer This release contains forward-looking statements based on assumptions, forecasts and estimates made by Tognum’s executive board of management. Although we assume that the assumptions, forecasts and estimates forming the basis for these forward-looking statements are realistic, we cannot guarantee that they will prove to be correct in the future. Assumptions, forecasts and estimates may entail risks and uncertainties which may cause actual results to differ considerably from those included in forward-looking statements. Factors which may result in such discrepancies include, among other things, changes in the economic and business environment, fluctuations in exchange and interest rates, the introduction of competing products, lack of acceptance for new products or services and changes in corporate strategy. Tognum undertakes no obligation to update and/or to correct and/or to confirm forward-looking statements or to release publicly any updates or corrections to any forward-looking statements in order to reflect events or circumstances which occur after the date of this release. Contact: Investors & Analysts contact: IR Team ir@tognum.com +49 (0)7541-90 3318 Media contact: PR Team pr@tognum.com +49 (0)7541-90 3989 End of Corporate News 10.05.2012 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: | Tognum AG | |
Maybachplatz 1 | ||
88045 Friedrichshafen | ||
Germany | ||
Phone: | +49 (0)7541 90 3318 | |
Fax: | +49 (0)7541 90 90 3318 | |
E-mail: | ir@tognum.com | |
Internet: | http://www.tognum.de | |
ISIN: | DE000A0N4P43 | |
WKN: | A0N4P4 | |
Indices: | CDAX, Classic All Share, Prime All Share | |
Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart | |
End of News | DGAP News-Service |
168924 10.05.2012 |