Continental Maintains Successful Path: Strong Growth Continues in Third Quarter
|
|
- Jayson Sims
- 6 years ago
- Views:
Transcription
1 Press Release Continental Maintains Successful Path: Strong Growth Continues in Third Quarter Sales rise by 9 percent to 32.7 billion after nine months; 7 percent growth to sales of 10.7 billion in the third quarter Adjusted EBIT margin is within target range at 10.6 percent after nine months despite a burden of 400 million from increased costs of raw materials Technology company confirms sales and earnings outlook for the current fiscal year Automotive Group s order intake after nine months grows by 20 percent to more than 30 billion after nine months CEO Dr. Degenhart: We are continuing our successful path and are anticipating a strong fourth quarter Hanover, November 9, Continental successfully continued its dynamic growth in the third quarter of The technology company presented its business figures for the first nine months on Thursday, confirming its annual targets: We are steadily continuing our successful path. After nine months, we increased our sales by 9 percent to 32.7 billion. Our adjusted EBIT margin is 10.6 percent. We are therefore completely on track and will comfortably achieve our annual targets, said Continental s Executive Board chairman Dr. Elmar Degenhart. Degenhart expressed his delight over the strong sales growth: We have put our money on the right horses with our technologies for safe, efficient and intelligent mobility. We closed the third quarter with sales growth before changes in the scope of consolidation and exchange rate effects of 8 percent. This means that we once again grew much faster than our reference markets. For example, the global market for passenger cars and light commercial vehicle production grew by just 2 percent. Degenhart expects the successful path to continue in the final quarter: The fourth quarter will be another strong one, both in terms of sales and earnings. In the third quarter, we generated an adjusted operating margin of 10.4 percent. This is very decent, as we achieved this despite the negative effects that have already impacted us this year from rising raw material costs, said CFO Wolfgang Schäfer on Continental s earnings development. 1/5
2 With regard to the comparison with the same quarter of the previous year, Schäfer pointed to the low baseline of the previous year, which was reduced by 450 million by several isolated items. Schäfer gave more detail on the confirmed sales forecast for fiscal 2017: We continue to expect sales of more than 44 billion before exchange rate effects. We can now make a good estimate of the influence that various currencies will have on our total sales for the year. Taking these exchange rate effects into account, we expect sales of around 44 billion. The DAX company last raised its sales projection before exchange rate effects for the year as a whole after the first six months of the fiscal year. The company s growth momentum is demonstrated in particular by the steady growth of incoming orders in the Automotive Group: Compared to the same period of the previous year, the order intake after nine months has grown by 20 percent to total more than 30 billion, explained Schäfer. In the third quarter, products from the fields of electronics, software and sensor technology made a particular contribution to the Automotive Group s growth. Their share is growing continuously. They accounted for about 50 percent of the Automotive Group s sales in 2012 now the figure is at above 60 percent and rising, said Schäfer. The Rubber Group increased its sales further in the third quarter despite a weak market environment. That is remarkable. The price increases for tires and industrial products from the first half of the year have generated their positive effect. At the same time, the earnings in the third quarter were burdened by more than 100 million from increased cost of raw materials, Schäfer explained. Continental continues to estimate the negative effect of rising raw material prices for the Rubber Group in fiscal 2017 at 450 million. The recent development of raw material prices will not take effect until fiscal The winter tire business is off to a good start, reported Schäfer. He is also pleased with the latest winter tire, the WinterContact TS 860. It once again earned outstanding scores in tests by all major automobile clubs in Germany, Austria and Switzerland. 2/5
3 The ContiTech division has also grown strongly again. Schäfer is content with the integration and performance of the surface specialist Hornschuch, which the company acquired in March 2017: Hornschuch is meeting all of our expectations completely. Key Figures for the Continental Corporation January 1 to September 30 Third quarter millions in % in % sales 32, , , , EBIT 3, , , in % of sales Net income attributable to the shareholders of the parent 2, , Earnings per share in Adjusted sales 1 32, , , , Adjusted operating result (adjusted EBIT) 2 3, , , in % of adjusted sales Research and development expenses 2, , in % of sales Capital expenditure 1 1, , in % of sales Free cash flow , Net indebtedness (as at September 30) 3, ,298.4 Gearing ratio in % Number of employees (as at September 30) 3 233, ,601 1 Before changes in the scope of consolidation. 2 Before amortization of intangible assets from purchase price allocation (PPA), changes in the scope of consolidation, and special effects. 3 Excluding trainees. In the first three quarters of 2017, Continental achieved free cash flow of 472 million and was thus 712 million short of the previous year s figure. We reconfirm our forecast of achieving free cash flow of around 2 billion before acquisitions at the end of the year despite the high capital expenditure required for securing our strong growth. In the fourth quarter in particular, we expect a sharp decline in working capital, which after nine months expanded by 660 million year-on-year due to our excellent growth, Schäfer explained, adding that the growth in working capital was the main reason for the decline in free cash flow after nine months. 3/5
4 With regard to net indebtedness, he said: We expect net indebtedness at the end of the year to be on a par with the previous year. The Continental Corporation s net indebtedness amounted to 3.3 billion after nine months of It increased by 500 million compared to the 2.8 billion at the end of Reasons for this include the distribution of the dividend of 850 million for fiscal 2016 in May In the first nine months of 2017, capital expenditure on property, plant and equipment and software increased by 12 percent year-on-year to 1.8 billion. As a result, the capital expenditure ratio amounted to 5.5 percent after 5.3 percent in the comparative period of the previous year. Research and development expenses increased by just under 9 percent year-on-year to nearly 2.4 billion after nine month of In relation to consolidated sales, the ratio of research and development expenses came to 7.2 percent, as in the same period of the previous year. The gearing ratio fell to 21 percent at the end of September 2017 (same date in the previous year: 24 percent). The equity ratio amounted to 42 percent compared with 39 percent in the previous year. As at September 30, 2017, Continental had a liquidity buffer of just under 5.2 billion, comprising more than 1.5 billion in cash and cash equivalents and more than 3.6 billion in committed, unutilized credit lines. As at the end of the third quarter of 2017, the corporation had more than 233,000 employees, over 13,000 more than at the end of In the Automotive Group, the number of employees rose primarily in production and in research and development. Overall, there was an increase of more than 7,400 employees here. In the Rubber Group, further expansion of production capacity and sales channels, as well as the acquisition of the Hornschuch Group, led to an increase of more than 5,700 employees. Compared with the reporting date for the previous year, the total number of employees in the corporation was up by almost 14,700. In the first nine months of this year, the Automotive Group achieved sales of 19.8 billion. The adjusted EBIT margin was 8.2 percent (same period of the previous year: sales of 18.1 billion, adjusted EBIT margin of 5.6 percent). 4/5
5 After the first three quarters of 2017, the Rubber Group generated total sales of 13.0 billion. The adjusted EBIT margin was 15.1 percent (same period of the previous year: sales of 11.9 billion, adjusted EBIT margin of 17.6 percent). Continental develops pioneering technologies and services for sustainable and connected mobility of people and their goods. Founded in 1871, the technology company offers safe, efficient, intelligent, and affordable solutions for vehicles, machines, traffic, and transportation. In 2016, Continental generated sales of 40.5 billion and currently employs more than 233,000 people in 56 countries. Press contact Henry Schniewind Spokesman, Business & Finance Continental AG Phone: Cell: Vincent Charles Head of Media Relations Continental AG Phone: Cell: This press release is available in the following languages: Chinese, Czech, Dutch, English, French, German, Hungarian, Japanese, Korean, Portuguese (Brazil), Portuguese (Portugal), Romanian, Russian, Slovakian and Spanish Links Press portal: Media database: Video portal:
Continental Raises Forecast for the Year to more than 25 Billion in Sales and 9% Adjusted EBIT Margin
Press Release - 1 - Continental Raises Forecast for the Year to more than 25 Billion in Sales and 9% Adjusted EBIT Margin EBIT increases to 1.38 billion after nine months Sales of 19.1 billion after three
More informationPreliminary Consolidated Financial Statements 2017
Preliminary Consolidated Financial Statements 2017 7 The following results and amounts are preliminary statements that have not yet been approved or adopted by the Supervisory Board. Preliminary Consolidated
More informationPreliminary Consolidated Financial Statements 2018
Preliminary Consolidated Financial Statements 2018 8 The following results and amounts are preliminary statements that have not yet been approved or adopted by the Supervisory Board. Preliminary Consolidated
More information+ 6 % Earnings (EBIT) increase to 297 million
Quarterly statement as at September 30, 2018 Q3 / 2018 Sales revenues up by 5 % to 1,953 million + 6 % Earnings (EBIT) increase to 297 million (including one-off effect) Outlook updated: Sales revenue
More informationFinancial Report. as at September 30, 2017
Q3 Financial Report as at September 30, 2017 Continental AG Financial Report as at September 30, 2017 Continental Shares and Bonds 1 Continental Shares and Bonds Largely positive trend on stock markets
More informationFinancial Report. as at September 30, 2018
Q3 Financial Report as at September 30, 2018 2 Continental AG Financial Report as at September 30, 2018 Continental Shares and Bonds Continental Shares and Bonds Turbulence on stock markets worldwide Thanks
More informationPress Release. ProSiebenSat.1 continues its growth in the second quarter of 2012
Press Release ProSiebenSat.1 continues its growth in the second quarter of Page 1 Consolidated revenues increased by 4.5% to EUR 723.3 million Revenues in the Digital & Adjacent segment grow by 15.5% to
More informationHalf-Year Financial Report. as at June 30, 2018
Q2 Half-Year Financial Report as at June 30, 2018 2 Continental AG Half-Year Financial Report as at June 30, 2018 Continental Shares and Bonds Continental Shares and Bonds Turbulence on stock markets worldwide
More informationPreliminary Figures for Fiscal 2018 and Outlook 2019
Preliminary Figures for Fiscal 2018 and Outlook 2019 Ticker: CON ADR-Ticker: CTTAY Twitter: @Continental_IR http://www.continental-ir.com Agenda 1 Corporation Highlights 2018 3 2 Opportunities and Challenges
More informationSolutions for Clean Air Annual Report
Solutions for Clean Air. 2017 Annual Report 3 2017 Highlights Sales up to 44.0 billion Net indebtedness drops to 2.0 billion Dividend set to increase by 0.25 to 4.50 Key Figures for the Continental Corporation
More informationFinancial Report. as at March 31, 2018
Q1 Financial Report as at March 31, 2018 2 Continental AG Financial Report as at March 31, 2018 Continental Shares and Bonds Continental Shares and Bonds Turbulence on stock markets worldwide At the start
More informationJacques Aschenbroich, Valeo s Chairman and Chief Executive Officer, commented:
Press release Consolidated sales up 12% to 18.6 billion euros Gross margin up 15% to 3.5 billion euros Operating margin up 11% to 1.5 billion euros Net income up 8% to 1,003 million euros, or 5.4% of sales,
More informationFINANCIAL STATEMENT 28 FEBRUARY RD QUARTER FISCAL YEAR 2017/2018
FINANCIAL STATEMENT 28 FEBRUARY 2018 3RD QUARTER FISCAL YEAR 2017/2018 Contents 03 KEY PERFORMANCE INDICATORS 04 HIGHLIGHTS 05 INDUSTRY DEVELOPMENT 05 BUSINESS DEVELOPMENT OF THE HELLA GROUP 05 Results
More informationConsolidated Financial Statements
19 Consolidated Financial Statements Statement of the Executive Board 115 Independent Auditor s Report 116 Consolidated Statement of Income 120 Consolidated Statement of Comprehensive Income 121 Consolidated
More informationStröer Media SE posts record-high earnings in fiscal year 2014
PRESS RELEASE Ströer Media SE posts record-high earnings in fiscal year 2014 Revenue for the year climbs to EUR 721.1m Operational EBITDA rises to EUR 148.1m in 2014, up 25% on the prior year Adjusted
More informationQUARTERLY REPORT. 30 June 2017
QUARTERLY REPORT 30 June 2017 CONTENTS 1 Page 4 BMW GROUP IN FIGURES 2 INTERIM GROUP MANAGEMENT REPORT Page 11 Page 11 Page 13 Page 18 Page 19 Page 21 Page 31 Page 31 Page 38 Page 39 Report on Economic
More informationKey Figures for the Continental Corporation
The Horizons of Digitalization Annual Report 2015 2015 Highlights > Sales up to 39.2 billion > Free cash flow before acquisitions at 2.7 billion > Dividend set to increase by 15% to 3.75 Key Figures for
More informationOrders received in CHF million. Sales in CHF million. EBIT in CHF million. Net result in CHF million
Semi-Annual Report 2 Rieter Group. Semi-Annual Report. Rieter at a glance Rieter at a glance Orders received in Sales in EBIT in Net result in HY1 09 HY2 09 HY1 10 HY1 09 HY2 09 HY1 10 HY1 09 HY2 09 HY1
More informationEarnings Release Q1 FY 2018
Munich, Germany, January 31, 2018 Earnings Release FY 2018 October 1 to December 31, 2017 Strong order growth highlights successful first quarter»the first quarter underlines the strength of our company.
More informationSchaeffler Increases Net Income by 14 Percent in 2017
Press Release Schaeffler Increases Net Income by 14 Percent in 2017 HERZOGENAURACH, 2018-03-07. 2017 revenue increases by 5.9 percent at constant currency 2017 EBIT margin before special items at 11.3
More informationVolkswagen Group remains on track for profitable growth after record year in 2010
Volkswagen Group remains on track for profitable growth after record year in 2010 2010 most successful year in the Group s history Best-ever figures for deliveries, sales revenue and earnings further improvement
More informationP R E S S R E L E A S E K E N D R I O N N. V. 27 F E B R U A R Y
P R E S S R E L E A S E K E N D R I O N N. V. 27 F E B R U A R Y 2 0 1 3 Difficult market conditions in fourth quarter, profit performance in line with forecast - Slight revenue growth (+1%) in fourth
More informationProSiebenSat.1 again significantly increases revenues and earnings in the third quarter of 2013
Press Release ProSiebenSat.1 again significantly increases revenues and earnings in the third quarter of 2013 Page 1 Q3 2013 consolidated revenues: +13.9 % to EUR 576.9 million Recurring EBITDA: +7.1 %
More informationPress Presse Prensa. For the business and financial press Munich, November 14, Siemens in fiscal 2001
Press Presse Prensa For the business and financial press Munich, November 14, 2001 Siemens in fiscal 2001 Siemens earned 2.088 billion in net income including Infineon, special items as well as restructuring
More informationAnother quarter of strong revenues and net profit growth
Third quarter 2005 Another quarter of strong revenues and net profit growth Financial highlights: Revenue of 250.0 million, up 373% on the prior year and 118% on the previous quarter 538,000 integrated
More informationWacker Chemie AG Conference Call on the Full Year March 16 th, 2011
Wacker Chemie AG Conference Call on the Full Year 2010 March 16 th, 2011 Dr Staudigl, CEO Dr Rauhut, CFO Hoffmann, IR Hoffmann: Hello everybody and welcome to the Full Year 2010 conference call on Wacker
More informationQuarterly Financial Report. 1 January - 30 September 2017
Quarterly Financial Report 1 January - 30 September 2017 Quarterly Financial Report Table of contents Table of contents LPKF Laser & Electronics AG at a glance... 3 Spokesman's Statement... 4 Interim Management
More information9M 2017 Results Hanover November 9, 2017
9M 2017 Results Hanover November 9, 2017 Ticker: CON ADR-Ticker: CTTAY Twitter: @Continental_IR http://www.continental-ir.com Wolfgang Schaefer CFO AGENDA 1 Corporation Highlights 3 2 Automotive Group
More informationAccounting Report for the Third Quarter of Fiscal Year Ending March 2018 (April 1, 2017 December 31, 2017)
January 31, 2018 Company: Representative: Contact: JVCKENWOOD Corporation Takao Tsuji, Representative Director of the Board, President and CEO (Code: 6632; First Section of the Tokyo Stock Exchange) Masatoshi
More informationQuarterly Report January to September Years. With experience into future
Quarterly Report January to September 2017 Years With experience into future Key Stock Figures 9M 2017 Letter to the Shareholders Ticker symbol / Reuters symbol V3V / V3VGn.DE Securities number / ISIN
More informationSiemens Growth Gains Momentum Orders and revenue rise again in all Sectors and regions Strong Q4 completes record year for cash
Siemens Growth Gains Momentum Orders and revenue rise again in all Sectors and regions Strong Q4 completes record year for cash Peter Löscher, President and Chief Executive Officer of Siemens AG We completed
More informationContinental Shares and Bonds
The Future in Motion Financial Report as at September 30, 2013 Continental Shares and Bonds Financial Report as at September 30, 2013 Continental AG Continental Shares and Bonds Volatile performance on
More informationConsolidated Financial Results for the Nine Months Ended September 30, 2018 [IFRS]
Consolidated Financial Results for the Nine Months Ended September 30, 2018 [IFRS] November 7, 2018 Company name : Sumitomo Rubber Industries, Ltd. Stock exchange listing : Tokyo Stock Exchange Code number
More informationPress Release. ProSiebenSat.1 Achieves New Revenue and Earnings Record in 2014
Press Release ProSiebenSat.1 Achieves New Revenue and Earnings Record in 2014 Revenues rise by 10.4 % to EUR 2.876 billion Recurring EBITDA grows by 7.2 % to EUR 847.3 million Underlying net income increases
More informationStrong increase in Group orders and sales in the second quarter
Second quarter and half-year 2017 results Media Release Strong increase in Group orders and sales in the second quarter Increase in order intake and sales in all Segments Continued top line growth in Surface
More information2004 Results. Annual General Meeting of Shareholders. Olivier Piou Chief Executive Officer Charles Desmartis Chief Financial Officer
2004 Results Annual General Meeting of Shareholders Amsterdam May 11, 2005 Olivier Piou Chief Executive Officer Charles Desmartis Chief Financial Officer Our determination to create value 2 A unique profile...
More informationConsolidated Financial Results for the Six Months Ended June 30, 2018 [IFRS]
Consolidated Financial Results for the Six Months Ended June 30, 2018 [IFRS] August 7, 2018 Company name : Sumitomo Rubber Industries, Ltd. Stock exchange listing : Tokyo Stock Exchange Code number : 5110
More informationValues Create Value. Geschäftsbericht Financial Report as 2011 of September 30, 2012
Values Create Value Q1 Q2 Q3 Geschäftsbericht Financial Report as 2011 of September 30, 2012 Continental Shares and Bonds Financial Report as of September 30, 2012 Continental AG Continental Shares and
More information1. Introductory Remarks as regards Business Wire
Business Wire Europe Rue Abbé Cuypers 3 B-1040 Brussels, Belgium Tel. 00 32 2741 24 55 e-mail rudi.deceuster@scarlet.be www.businesswire.com Brussels, May 24 th 2005 CESR April 2005 re-consultation paper
More informationInvestor Relations News May 8, Strong earnings growth in first quarter. Henkel reconfirms 2013 guidance
Investor Relations News May 8, 2013 Henkel reconfirms 2013 guidance Strong earnings growth in first quarter Sales rise 0.6% to 4,033 million euros (organic: +2.5%) Adjusted operating profit: +8.9% to 600
More informationProSiebenSat.1 continues profitable growth in Q1 2014
Press Release ProSiebenSat.1 continues profitable growth in Q1 2014 Page 1 Consolidated revenues up 3.3 % to EUR 581.1 million Recurring EBITDA up strongly by 9.5 % to EUR 140.1 million Underlying net
More informationSika for lasting bonds. Report on the third quarter of 2005
Sika for lasting bonds Report on the third quarter of 2005 November 2005 Sika Group Sustained growth In the first nine months of 2005 Sika s net sales totaled CHF 2,173 mil., an increase of 12.1% compared
More informationStröer continues on a successful course in the third quarter and expects more profitable growth in 2018
PRESS RELEASE Ströer continues on a successful course in the third quarter and expects more profitable growth in 2018 Ströer anticipating consolidated revenue of EUR 1.5b and operational EBITDA of EUR
More informationGfK Consumer Climate Europe: Uncertainty impacts consumer sentiment. GfK Consumer Climate Europe results for the third quarter of 2016
Press release October 14, 2016 Rolf Bürkl Tel. +49 911 395 3056 rolf.buerkl@gfk.com Ursula Fleischmann Corporate Communications Tel: +49 911 395 2745 ursula.fleischmann@gfk.com GfK Consumer Climate Europe:
More informationRevenues and earnings down on previous year s level
Kassel, 13 November 2014 Business development in the first nine months of 2014 Revenues and earnings down on previous year s level Average prices for potash and magnesium products still lower than in previous
More informationQUARTERLY REPORT. 30 September 2017
QUARTERLY REPORT 2017 CONTENTS 1 Page 4 BMW GROUP IN FIGURES 2 INTERIM GROUP MANAGEMENT REPORT Page 11 Page 11 Page 13 Page 18 Page 19 Page 21 Page 31 Page 31 Page 38 Page 39 Report on Economic Position
More informationCegedim: First half is 2011 on target.
Public company with share capital of 13,336,506.43 euros Trade and Commercial Register: Nanterre B 350 422 622 www.cegedim.com First-half financial information at June 30, 2011 IFRS Regulated information
More informationInterim report January 1 to March 31, 2012
Interim report January 1 to March 31, 2012 The first three months of 2012 at a glance Highlights Dynamic start into the year 2012 Sales growth of 11.8 % to EUR 18.9 million Earnings margins at the 2011
More informationEarnings Release Q1 2017
First-quarter figures: Sartorius starts off with double-digit growth Group sales revenue up 12.2%; earnings 1 up 17.0% Lab Products & Services shows very dynamic performance driven by organic growth and
More informationTessenderlo Group 3Q10 results: further improvements in operational performance and financial position
Brussels, November 5 th, 2010 Regulated information* Press release QUARTERLY REPORT 30 SEPTEMBER 2010 Tessenderlo Group 3Q10 results: further improvements in operational performance and financial position
More informationFINANCIAL STATEMENT AUGUST 31, ST QUARTER FISCAL YEAR 2018/2019
FINANCIAL STATEMENT AUGUST 31, 2018 1ST QUARTER FISCAL YEAR 2018/2019 Q1 Contents 03 KEY PERFORMANCE INDICATORS 04 HIGHLIGHTS 05 INDUSTRY DEVELOPMENT 05 BUSINESS DEVELOPMENT OF THE HELLA GROUP 05 Results
More informationNine month results 2005: Premiere increases EBITDA to EUR million with net income of EUR 52.0 million
Nine month results 2005: Premiere increases EBITDA to EUR 109.8 million with net income of EUR 52.0 million Net income for the first time positive for a nine month period: Net earnings increase from a
More informationHalf-Year Interim Report report. optimize!
Half-Year Interim Report 2017 report optimize! Consolidated Key Figures Q2 2017 Q2 2016 Half-yearly report 2017 Half-yearly report 2016 Incoming orders (EUR million) 17.8 21.9 39.5 39.6 Revenue (EUR million)
More informationAalberts Industries posts 27% rise in net profit, organic growth in turnover 7%
date 2 March 2005 more information e-mail J. Aalberts info@aalberts.nl phone +31 (0)343 565 080 Aalberts Industries posts 27% rise in net profit, organic growth in turnover 7% 2004 excellent year thanks
More informationQuarterly Statement January 1 to March 31, 2017 Dräger Group
Quarterly Statement January 1 to March 31, 2017 Dräger Group THE DRÄGER GROUP OVER THE PAST FIVE YEARS 2013 2014 2015 2016 2017 Order intake million 571.3 544.6 615.3 599.6 639.4 Net sales million 533.8
More informationChairman of the Board of Management of LANXESS AG (Conference call on November 12, 2013)
Publication of the third quarter 2013 results LANXESS AG Contact: Daniel Smith Financial and Business Media 50569 Köln Germany Speech Phone +49 221 8885-5179 Fax +49 221 8885-5691 daniel-alexander.smith@
More informationA Sound Start to Fiscal 2014
A Sound Start to Fiscal 2014 Joe Kaeser, President and Chief Executive Officer of Siemens AG Financial Highlights: We delivered a sound quarter to start our fiscal year. As expected, market conditions
More informationK+S Group expects slight increase in revenues and earnings in the current year
Kassel, 14 March 2013 Successful financial year 2012 K+S Group expects slight increase in revenues and earnings in the current year At 3.9 billion, 2012 revenues almost on last year s level Operating earnings
More informationManagement Report. Glossary of Financial Terms 38. Continental AG Short Version in acc. with HGB 94. Corporate Profile 40. Other Information 96
18 Management Report The following management report is a combined management report as defined in Section 315 (5) of the German Commercial Code (Handelsgesetzbuch HGB), as the future opportunities and
More informationQuarterly Statement January 1 to September 30, 2017 Dräger Group
Quarterly Statement January 1 to September 30, 2017 Dräger Group THE DRÄGER GROUP OVER THE PAST FIVE YEARS 2013 2014 2015 2016 2017 Order intake million 1,756.7 1,743.4 1,895.1 1,849.1 1,928.3 Net sales
More informationNet profit rises to 1.6 billion (+40.4%) Operating result 3.4 billion (+6.2%) driven by P&C segment (+20.3%)
07/11/2013 PRESS RELEASE Consolidated results as at 30 September 2013 1 Net profit rises to 1.6 billion (+40.4%) Operating result 3.4 billion (+6.2%) driven by P&C segment (+20.3%) Total premiums 49 billion
More informationReport on the First Three Quarters of 2003
Report on the First Three Quarters of 2003 Financial highlights of PALFINGER AG (in accordance with IAS) EUR 000 Q1-3 2003 Q1-3 2002 Q1-3 2001 Q1-3 2000 Income statement Revenue 246,780 232,711 257,051
More informationQUARTERLY REPORT. 30 September 2018
QUARTERLY REPORT 30 September 2018 CONTENTS 1 BMW GROUP AT A GLANCE Page 4 BMW Group in Figures Page 10 BMW AG Stock and Capital Markets 2 INTERIM GROUP MANAGEMENT REPORT Page 13 Page 13 Page 15 Page 20
More informationSTRABAG SE JANUARY MARCH 2018 RESULTS
STRABAG SE JANUARY MARCH 2018 RESULTS 30 MAY 2018 DISCLAIMER This presentation is made by STRABAG SE (the "Company") solely for use at investor meetings and is furnished to you solely for your information.
More informationPress release. Consumer mood brightened again towards end of year. Findings of the GfK Consumer Climate Europe study for the fourth quarter of 2014
Press release February 4, 2015 Rolf Bürkl T +49 911 395-3056 rolf.buerkl@gfk.com Ursula Fleischmann Corporate Communications T +49 911 395-2745 ursula.fleischmann@gfk.com Consumer mood brightened again
More informationHalf-Yearly Report 2016
Half-Yearly Report 2016 Revenue expanded 5 % to EUR 38.3 million in first six months Orders on hand up 15 % to EUR 11.8 million Marked upturn in the second quarter report optimize! Half-yearly report 2016
More informationFiscal 2018 Third-quarter Consolidated Earnings Report(Japanese GAAP)
January 10, 2018 Fiscal 2018 Third-quarter Consolidated Earnings Report(Japanese GAAP) These financial statements have been prepared for reference in accordance with accounting principles and practices
More informationFINANCIAL REPORT 30 NOVEMBER ST HALF OF FISCAL YEAR 2017/2018
FINANCIAL REPORT 30 NOVEMBER 2017 1ST HALF OF FISCAL YEAR 2017/2018 CONTENTS 03 KEY PERFORMANCE INDICATORS 04 HIGHLIGHTS 05 HELLA ON THE CAPITAL MARKET 07 INTERIM GROUP MANAGEMENT REPORT 07 Economic development
More informationValues Create Value. Geschäftsbericht Half-Year Financial 2011 Report as of June 30, 2012
Values Create Value Q1 Q2 Q3 Geschäftsbericht Half-Year Financial 2011 Report as of June 30, 2012 Continental Shares and Bonds Half-Year Financial Report as of June 30, 2012 Continental AG Continental
More informationAlma Media Q4 and FY2014. Kai Telanne, President and CEO Juha Nuutinen, CFO 13 February 2015
Alma Media Q4 and FY2014 Kai Telanne, President and CEO Juha Nuutinen, CFO 13 February 2015 Agenda Highlights Market development Financial development Dividend proposal Strategy and outlook Q & A 2 Q4/2014
More informationPress Release HUGO BOSS First Half Year Results HUGO BOSS accelerates growth in second quarter of 2015
Press Release HUGO BOSS First Half Year Results HUGO BOSS accelerates growth in second quarter of Sales rise by 16% in reporting currency and 7% currency-adjusted 6% increase in retail comp store sales
More informationRevenues before loan loss provisions in the Group in the first half of the year at EUR 4.50 bn (first half of 2013: EUR 4.77 bn)
Press release For business desks 7 August 2014 Commerzbank: Operating profit of EUR 581 m in the first half of 2014 Net profit increased to EUR 300 m (first half of 2013: EUR minus 58 m); Net profit in
More informationH Results Hanover August 3, 2017
H1 2017 Results Hanover August 3, 2017 Ticker: CON ADR-Ticker: CTTAY Twitter: @Continental_IR http://www.continental-ir.com Wolfgang Schaefer CFO AGENDA 1 Corporation Highlights 3 2 Automotive Group 11
More informationSCHMOLZ + BICKENBACH raises full-year outlook after a solid second quarter
Media release SCHMOLZ + BICKENBACH raises full-year outlook after a solid second quarter Sales volume in Q2 2017 almost stable compared to Q2 2016 as demand remained robust in most product groups, customer
More informationSolid performance in an uncertain market
Solid performance in an uncertain market Group operational EBITDA 1 margin stable vs Q2 2012, including Power Products Orders and revenues supported by better geographic balance in automation Strong divisional
More informationTABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1
TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1 Gross written premiums for GAP insurance in Europe are worth over EUR 1 billion...... 2...as increasing numbers of both dealers and manufacturer brands offer
More informationPublication of the second quarter 2011 results Conference Call Thursday, August 11, Chairman of the Board of Management of LANXESS AG
Publication of the second quarter 2011 results Conference Call Thursday, August 11, 2011 LANXESS AG Contact: Daniel Smith Financial and Business Media 51369 Leverkusen Germany Phone +49 214 30-75179 Fax
More informationInterim Report to 30 June 2004
Interim Report to 30 June 2004 Q2 Rolls-Royce Motor Cars Limited 02 BMW Group an Overview 06 Automobiles 09 Motorcycles 11 Financial Services 13 BMW Stock 14 Financial Analysis 20 Group Financial Statements
More informationSCHMOLZ + BICKENBACH with good progress in a challenging 2016 more optimistic for 2017
Media release SCHMOLZ + BICKENBACH with good progress in a challenging 2016 more optimistic for 2017 Efficiency improvement and cost reduction measures taking effect Adjusted EBITDA margin improved to
More informationHenkel reports strong performance in third quarter
Investor Relations News November 12, 2013 Significant increase in earnings and profitability Henkel reports strong performance in third quarter Solid organic sales growth of 4.2% Sales impacted by foreign
More informationCommerzbank: Successful first half of Commerzbank 4.0 strategy net result of 865m for 2018
Press release For business editors 14 February 2019 Commerzbank: Successful first half of Commerzbank 4.0 strategy net result of 865m for 2018 Operating profit of 1.2bn (2017: 1.1bn) and of 240m for (
More informationCONFERENCE CALL RESULTS JANUARY MARCH 2017
CONFERENCE CALL RESULTS JANUARY MARCH 2017 Ralf W. Dieter, CEO Carlo Crosetto, CFO Bietigheim-Bissingen, May 11, 2017 www.durr.com DISCLAIMER This presentation has been prepared independently by Dürr AG
More informationSchaeffler on track. Press and IR release
Press and IR release Schaeffler on track Revenue grows 5.8 percent at constant currency in the first six months Mid-year EBIT margin before special items of 11.1 percent flat with prior year (prior year:
More informationQ1 revenues steady despite economic challenges
p ABB Grou Q1 revenues steady despite economic challenges Large order growth offset by strong decline in base orders order backlog up $1.2 billion vs the end of Q4 2008 Local-currency revenues up on backlog
More informationInterim statement Q / Digital in the box.
Interim statement Q3 2017 / 2018 Digital in the box. Heidelberg Group Interim statement for the third quarter of 2017 / 2018 Figures Incoming orders after nine months on par with previous year at 1,912
More informationYour Mobility. Your Freedom. Our Signature. > Financial Report as at March 31, 2014
Your Mobility. Your Freedom. Our Signature. > Financial Report as at March 31, 2014 Continental Shares and Bonds Financial Report as at March 31, 2014 Continental AG 1 Continental Shares and Bonds Equity
More informationHalf-yearly Financial Report. 1 January - 30 June 2018
Half-yearly Financial Report 1 January - 30 June 2018 Quarterly Financial Report Table of contents Table of contents LPKF Laser & Electronics AG at a glance... 3 Chairman's Statement... 4 Interim Management
More informationHALF-YEAR REPORT. Komax Group: Business in the first half of Consolidated income statement 04. Consolidated balance sheet 05
Half-Year Report 2018 CONTENT HALF-YEAR REPORT Komax Group: Business in the first half of 2018 03 Consolidated income statement 04 Consolidated balance sheet 05 Consolidated statement of shareholders equity
More informationPreliminary Results for FY 2017 Hanover March 8, 2018
Preliminary Results for FY 2017 Hanover March 8, 2018 Ticker: CON ADR-Ticker: CTTAY Twitter: @Continental_IR http://www.continental-ir.com Wolfgang Schaefer CFO Agenda 1 Corporation Highlights 3 2 Automotive
More informationSolid Close to Fiscal 2013
Solid Close to Fiscal 2013 Joe Kaeser, President and Chief Executive Officer of Siemens AG With a solid fourth quarter, we completed an eventful year in fiscal 2013. Now we re looking ahead and concentrating
More informationFIRST SUPPLEMENT DATED 30 JULY 2018 TO THE 05 JULY 2018 BASE PROSPECTUS
FIRST SUPPLEMENT DATED 30 JULY 2018 TO THE 05 JULY 2018 BASE PROSPECTUS RENAULT (incorporated as a société anonyme in France) 7,000,000,000 Euro Medium Term Note Programme This prospectus supplement (the
More informationInterim Report. January 1 to September 30, Technologies Systems Solutions
Interim Report January 1 to September 30, 2004 Technologies Systems Solutions Contents Key figures 2 Letter from the CEO 3 Management report 5 Consolidated statements of income 16 Consolidated balance
More informationPress release HY 2014 HY 2013 FY Key income statement items
Contacts Investor Relations: Patrick Gouffran +33 (0)1 40 67 29 26 pgouffran@axway.com Press Relations: Sylvie Podetti +33 (0)1 47 17 22 40 spodetti@axway.com Press release Axway: 8.0% total revenue growth
More information25/02/2016. Agenda. 1. Kendrion at a glance 2. Summary and key figures Business review 4. Financial results and dividend 5.
Annual results 2015 Analyst's meeting Joep van Beurden / Frank Sonnemans Zeist, 25 February 2016 Agenda 1. Kendrion at a glance 2. Summary and key figures 2015 3. Business review 4. Financial results and
More informationCommerzbank: first year of strategy implementation with positive net result of 156m despite restructuring charge
Press release For business editors 8 February 2018 Commerzbank: first year of strategy implementation with positive net result of 156m despite restructuring charge Operating profit of 1,303m for 2017 (2016:
More informationFirst-quarter figures: Sartorius Stedim Biotech off to a dynamic start into 2018
First-quarter figures: Sartorius Stedim Biotech off to a dynamic start into Group revenue up 9.8%; driven by positive development in all regions Exchange rate effects dampen profit growth Guidance for
More informationPress Presse Prensa. For the business and financial press Munich, July 25, Siemens in the third quarter (April 1 to June 30) of fiscal 2001
Press Presse Prensa For the business and financial press Munich, July 25, 2001 Siemens in the third quarter (April 1 to June 30) of fiscal 2001 Siemens earned 1.608 billion in net income including Infineon
More informationNet sales Operating income Recurring income. million yen % million yen % million yen % million yen % Net income per share
Consolidated Financial Results (Japanese Accounting Standards) for the First Half of the Fiscal Year Ending March 31, 2019 November 14, 2018 Company Name Ahresty Corporation Stock Exchange Listing Tokyo
More informationDigital & Adjacent segment increases revenues by 38.1% to EUR million and is strongest growth driver
Press release ProSiebenSat.1 sets new revenue and earnings record in 2012 Page 1 2012 including discontinued operations: Consolidated revenues: up by 7.7% to EUR 2.969 billion Recurring EBITDA: up by EUR
More informationNews Release. BASF: Sales and earnings considerably above prior first quarter
News Release BASF: Sales and earnings considerably above prior first quarter Sales of 16.9 billion (up 19%) Positive volume trend continues (up 8%) EBIT before special items of 2.5 billion (up 29%), of
More information