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MarketScreener Homepage  >  Equities  >  Xetra  >  Aumann AG    AAG   DE000A2DAM03

AUMANN AG

(AAG)
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Real-time Estimate Quote. Real-time Estimate Tradegate - 10/23 07:00:21 am
10.015 EUR   +2.09%
09/04AUMANN : Berenberg remains Neutral
MD
08/14AUMANN : COVID-19 pandemic burdens Aumann's quarterly results
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08/14AUMANN AG : COVID-19 pandemic burdens Aumann's quarterly results
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Aumann AG: E-mobility revenue at Aumann rises again in first quarter, though effects of global COVID-19 pandemic felt for first time

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05/27/2020 | 01:50am EDT

DGAP-News: Aumann AG / Key word(s): Quarterly / Interim Statement
Aumann AG: E-mobility revenue at Aumann rises again in first quarter, though effects of global COVID-19 pandemic felt for first time

27.05.2020 / 07:46
The issuer is solely responsible for the content of this announcement.


Beelen, 27 May 2020
 
Aumann AG ("Aumann", ISIN: DE000A2DAM03) generated revenue of ?48.1 million in the first quarter of 2020. Revenue in the E-mobility segment increased again, and was up 11.8% on the same quarter of the previous year at ?29.8 million. By contrast, the Classic segment's revenue was down significantly by 55.1%. The E-mobility segment's share of revenue was therefore 62%.
 
The uncertainty in connection with the global COVID-19 pandemic affected the automotive industry in the past quarter. For the first time, this had a direct effect on Aumann, though this has been moderate to date. Thus, order intake was down 8.2% year-on-year at ?38.6 million in the first quarter. Developments in the two segments were mixed. While order intake in the E-mobility segment had a modest start to the year in the first three months at ?13.9 million due to delays in contracts for new projects, the Classic segment stabilised for the second quarter in a row at ?24.5 million. However, the order backlog in E-mobility is still higher than in the Classic segment. EBITDA amounted to ?1.5 million with a margin of 3.2%. The EBITDA margin in the E-mobility segment was 4.6%.
 
The first quarter has shown that 2020 will be an exacting year for Aumann. In addition to the weak economic environment and the existing challenges in the automotive industry, the global COVID-19 pandemic is increasingly impacting the operations of our customers and thus Aumann itself. Progress is still being made with the specific measures taken by management last year to actively optimise the company's cost structure and vertical integration. Aumann is also taking the COVID-19 pandemic very seriously. Management took precautions to protect the health of its employees and business partners early on, which allowed it to largely safeguard its own regular operations.
 
As Aumann also has liquidity of ?93.0 million and an equity ratio of 65.1% as at 31 March 2020, management feels that it is well positioned to steer the company through the current market phase. After the crisis is over, Aumann will still be the right partner for a successful transition to electromobility.
 
The full interim report for the first quarter of 2020 is available in the Investor Relations section of the homepage at www.aumann.com/investor-relations.

About Aumann AG
 
Aumann is a world-leading manufacturer of innovative speciality machinery and automated production lines with a focus on E-mobility. The company combines unique winding technology for the highly efficient production of electric motors with decades of automation experience, particularly in the automotive industry. Leading companies around the world rely on Aumann solutions for the series production of purely electric and hybrid vehicle drives, and on solutions for production automation.

Further information can be found on the Internet www.aumann.com.

Aumann AG
Dieselstrasse 6
48361 Beelen
Germany
www.aumann.com

The Executive Board
Rolf Beckhoff (CEO)
Sebastian Roll (CFO)

The Supervisory Board
Gert-Maria Freimuth (Chairman)
Christoph Weigler
Dr. Christof Nesemeier 

Court of registration
Münster Local Court, register number: HRB 16399

For further information please contact

Investor Relations
André Schütz
+49 2586 888 7807
ir@aumann.com


27.05.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Aumann AG
Dieselstraße 6
48361 Beelen
Germany
Phone: +49 (0) 2586 888-7800
Fax: +49 (0) 2586 888-7805
E-mail: info@aumann.com
Internet: www.aumann.com
ISIN: DE000A2DAM03
WKN: A2DAM0
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1055945

 
End of News DGAP News Service

1055945  27.05.2020 

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© EQS 2020

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Financials
Sales 2020 181 M 213 M 213 M
Net income 2020 -3,97 M -4,68 M -4,68 M
Net cash 2020 57,4 M 67,7 M 67,7 M
P/E ratio 2020 -45,1x
Yield 2020 -
Capitalization 150 M 177 M 176 M
EV / Sales 2020 0,51x
EV / Sales 2021 0,43x
Nbr of Employees 1 044
Free-Float 59,1%
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 6
Average target price 12,88 €
Last Close Price 9,81 €
Spread / Highest target 68,2%
Spread / Average Target 31,3%
Spread / Lowest Target -23,5%
EPS Revisions
Managers
NameTitle
Rolf Beckhoff Chief Executive Officer
Gert-Maria Freimuth Chairman-Supervisory Board
Sebastian Roll Chief Financial Officer
Christoph Weigler Vice Chairman-Supervisory Board
Christof Nesemeier Member-Supervisory Board
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