DGAP-News

AURELIUS Equity Opportunities publishes results for the first quarter of 2021: Very good start to the 2021 financial year - Seite 3

Also in March, the AURELIUS subsidiary Office Depot Europe sold its Italian business to the French investor group Bruneau. This strategist had acquired the Spanish direct business of Office Depot Europe only in July of last year.

Continued positive outlook for the remainder of the 2021 financial year

"We have gotten off to a very good start in 2021. Our Group companies are strongly positioned operationally, we have already been very active on the acquisitions side, and we have further attractive acquisition targets in the pipeline. The focus on the fundamental values of the target companies combined with our operational and financial strength enable us to make highly attractive investments particularly also during a crisis. Thanks to the expansion of our business model to include larger transactions with the aid of co-investments, we can also broaden our investment spectrum. Considering these advantages, I remain very optimistic about 2021," said Matthias Täubl, CEO of AURELIUS Equity Opportunities.

Key figures

(in EUR millions)	1/1 - 3/31/2020	1/1 - 3/31/2021
Total consolidated revenues	829.7	809.7
Consolidated revenues (annualized) 1,2	3,105.6	3,151.5
EBITDA of the combined Group	122.7	74.2
of which gains on bargain purchases	71.6	-/-
of which restructuring and non-recurring expenses	25.7	19.3
of which gains on exits	52.0	37.8
Operating EBITDA of the combined Group	24.8	55.7
	12/31/2020	3/31/2021
Cash and cash equivalents	422.9	359.5
Equity ratio 3 (in %)	21.3	24.3