DGAP-News
UNIWHEELS expects earnings growth
DGAP-News: UNIWHEELS Holding Germany GmbH / Key word(s): Change of
Personnel/Preliminary Results
UNIWHEELS expects earnings growth
10.02.2014 / 14:30
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UNIWHEELS expects earnings growth
- Dr. Karsten Obenaus appointed as new CFO
Bad Dürkheim, 10th February 2014: UNIWHEELS Holding (Germany) GmbH expects
to post significant year-on-year earnings growth for 2013. The UNIWHEELS
Group, one of Europe's leading manufacturers of alloy wheels, boosted its
turnover by 7.9% to almost seven million units in 2013 (2012: 6.4 million).
Based on preliminary figures, the Group generated consolidated sales of
Euro 338 million, equivalent to year-on-year growth of 5.8% (2012: Euro 320
million).
'We expect to report substantially better earnings for the 2013 financial
year. In combination with the positive development in other key financials,
this confirms our strategy. We have seen strong demand from vehicle
manufacturers in the OEM business and will consistently maintain our growth
course in the current year as well', commented Ralf Schmid, CEO of
UNIWHEELS. The company will publish its definitive annual financial
statements for the past financial year in March 2014.
Dr. Karsten Obenaus has been appointed as the new CFO of UNIWHEELS as of 10
February 2014. Previously head of financial accounting, Dr. Obenaus has
long held senior positions within UNIWHEELS' finance department. He will
succeed Eckehard Forberich, who has left the company.
CONTACT:
Ralf Jensen
Group Marketing Director
UNIWHEELS Holding (Germany) GmbH
Tel: +49 (0) 6322 / 9899-6260
Mail: r.jensen@de.uniwheels.com
About us:
The UNIWHEELS Group is a leading European manufacturer of alloy wheels in
the accessories market (Accessory Division) as well as one of the largest
wheel suppliers to the automotive industry (Automotive Division). In
addition, the UNIWHEELS Group also equips professional motorsport series
with high-tech wheels.
For more than 40 years, the company has been producing high-quality
aluminium wheels mainly using the low-pressure casting technique. Further
manufacturing techniques used are flow forming, Lightforming(R) (Advanced
Pressure Rolling) and forging for ultra-light high-tech wheels.
With the global brands of ATS, RIAL, ALUTEC and ANZIO, UNIWHEELS possesses
comprehensive knowledge in the accessories market and technical expertise
as an original equipment manufacturer in the automotive industry.
Furthermore, with its wide range of brands, the UNIWHEELS Group offers
wheels for all target groups, from premium to economy.
Highly efficient production locations in Poland and Germany, as well as the
pooled technological expertise of the group, form a secure base for further
development of the brands and growth of the UNIWHEELS Group associated with
this.
End of Corporate News
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10.02.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group 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
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251879 10.02.2014
- Dr. Karsten Obenaus appointed as new CFO
Bad Dürkheim, 10th February 2014: UNIWHEELS Holding (Germany) GmbH expects
to post significant year-on-year earnings growth for 2013. The UNIWHEELS
Group, one of Europe's leading manufacturers of alloy wheels, boosted its
turnover by 7.9% to almost seven million units in 2013 (2012: 6.4 million).
Based on preliminary figures, the Group generated consolidated sales of
Euro 338 million, equivalent to year-on-year growth of 5.8% (2012: Euro 320
million).
'We expect to report substantially better earnings for the 2013 financial
year. In combination with the positive development in other key financials,
this confirms our strategy. We have seen strong demand from vehicle
manufacturers in the OEM business and will consistently maintain our growth
course in the current year as well', commented Ralf Schmid, CEO of
UNIWHEELS. The company will publish its definitive annual financial
statements for the past financial year in March 2014.
Dr. Karsten Obenaus has been appointed as the new CFO of UNIWHEELS as of 10
February 2014. Previously head of financial accounting, Dr. Obenaus has
long held senior positions within UNIWHEELS' finance department. He will
succeed Eckehard Forberich, who has left the company.
CONTACT:
Ralf Jensen
Group Marketing Director
UNIWHEELS Holding (Germany) GmbH
Tel: +49 (0) 6322 / 9899-6260
Mail: r.jensen@de.uniwheels.com
About us:
The UNIWHEELS Group is a leading European manufacturer of alloy wheels in
the accessories market (Accessory Division) as well as one of the largest
wheel suppliers to the automotive industry (Automotive Division). In
addition, the UNIWHEELS Group also equips professional motorsport series
with high-tech wheels.
For more than 40 years, the company has been producing high-quality
aluminium wheels mainly using the low-pressure casting technique. Further
manufacturing techniques used are flow forming, Lightforming(R) (Advanced
Pressure Rolling) and forging for ultra-light high-tech wheels.
With the global brands of ATS, RIAL, ALUTEC and ANZIO, UNIWHEELS possesses
comprehensive knowledge in the accessories market and technical expertise
as an original equipment manufacturer in the automotive industry.
Furthermore, with its wide range of brands, the UNIWHEELS Group offers
wheels for all target groups, from premium to economy.
Highly efficient production locations in Poland and Germany, as well as the
pooled technological expertise of the group, form a secure base for further
development of the brands and growth of the UNIWHEELS Group associated with
this.
End of Corporate News
---------------------------------------------------------------------
10.02.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group 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
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251879 10.02.2014
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