DGAP-News AURELIUS Equity Opportunities publishes results for the first quarter of 2021: Very good start to the 2021 financial year
DGAP-News: AURELIUS Equity Opportunities SE & Co. KGaA / Key word(s): Quarter Results
AURELIUS Equity Opportunities publishes results for the first quarter of 2021: Very good start to the 2021 financial year
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- Total consolidated revenues reach EUR 809.7 million, annualized consolidated revenues EUR 3,151.5 million
- Strong performance of portfolio companies: Operating EBITDA +125%
- Net asset value rises further by 7% to EUR 1,076.7 million
- Already eight transactions in the current financial year
- Continued positive outlook for the remainder of the 2021 financial year
Munich, May 12, 2021 - AURELIUS Equity Opportunities SE & Co. KGaA (ISIN DE000A0JK2A8) published results for the first quarter of 2021 on today's date. Total consolidated revenues reached EUR 809.7 million in the reporting period (Q1 2020: EUR 829.7 million). The modest year-over-year decline is attributable to the exits completed in the 2020 financial year. By contrast, annualized consolidated revenues from continued operations rose slightly to EUR 3,151.5 million (Q1 2020: EUR 3,105.6 million).
Strong performance of portfolio companies: operating EBITDA +125%
The operating EBITDA of the combined Group rose to EUR 55.7 million in the first quarter of 2021 (Q1 2020: EUR 24.8 million), in a clear sign that the Group companies continue to perform extremely well despite the still ongoing coronavirus pandemic in the first quarter of 2021. The Group companies GKN Wheels & Structures, Nedis and Distrelec, which were only acquired last year, as well as the NDS Group and Rivus Fleet Solutions, made especially strong contributions to the positive operating performance of the portfolio companies.