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    DGAP-News  2491  0 Kommentare AURELIUS reports good start in the first quarter of 2015


    DGAP-News: AURELIUS AG / Key word(s): Quarter Results
    AURELIUS reports good start in the first quarter of 2015

    13.05.2015 / 07:30

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    AURELIUS reports good start in the first quarter of 2015

    - Consolidated revenues up 11 percent to EUR 433.9 million (Q1 2014: EUR
    390.5 million)

    - Operating EBITDA raised to EUR 26.7 million (Q1 2014: EUR 25.5 million)
    despite several successful company disposals

    - Three acquisitions already completed in 2015 - further busy deal
    activity planned

    - International strategy: conversion into SE & Co. KGaA planned

    Munich, May 13, 2015 - The AURELIUS Group (ISIN DE000A0JK2A8) has made a
    very good start to the 2015 fiscal year, increasing its total consolidated
    revenues by 11 percent in the first quarter of 2015 to EUR 433.9 million
    (Q1 2014: EUR 390.5 million). On an annualized basis, consolidated revenues
    rose by 5 percent to EUR 1,735.6 million (Q1 2014: EUR 1,648.3 million).

    Earnings before interest, taxes, depreciation and amortization (EBITDA) for
    the Group as a whole increased by 5 percent in the first quarter of 2015 to
    EUR 26.7 million (Q1 2014: EUR 25.5 million). This was achieved even though
    several profitable companies were sold and new, as yet unprofitable
    subsidiaries were purchased during the 2014 fiscal year. The restructuring
    and non-recurring expenses for the reorganization of the Group companies
    amounted to EUR 10.9 million in the reporting period (Q1 2014: EUR 7.2
    million). As no company acquisitions were closed and there were no exits in
    the first quarter of 2015, no income from the reversal of negative goodwill
    (bargain purchase income) or income from the disposal of companies accrued.

    Two of the three acquisitions already announced in the 2015 fiscal year -
    the European operations of the Tavex Group, the European Crafts business of
    Coats, and the solid board and graphic board activity of the Smurfit Kappa
    Group - were already completed in the second quarter of 2015. The
    acquisition of the European Crafts business of Coats is similarly scheduled
    for closing in the next few weeks.

    Together with cash and cash equivalents of EUR 304.2 million (December 31,
    2014: EUR 328.4 million), an equity ratio of 25.4 percent (December 31,
    2014: 26.2 percent) at March 31, 2015 forms a solid foundation for further
    growth.

    As no further Group companies were acquired or divested in the first
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    DGAP-News AURELIUS reports good start in the first quarter of 2015 DGAP-News: AURELIUS AG / Key word(s): Quarter Results AURELIUS reports good start in the first quarter of 2015 13.05.2015 / 07:30 --------------------------------------------------------------------- AURELIUS reports good start in the first quarter …