DGAP-News Aumann AG: Aumann significantly increases order intake in the first quarter of 2021
DGAP-News: Aumann AG / Key word(s): Quarterly / Interim Statement
Aumann AG ("Aumann", ISIN: DE000A2DAM03) increased its order intake in the first quarter of 2021 by 31.8% year-on-year to €50.5 million. Revenues declined to €36.4 million in the first three months against the backdrop of the subdued order intake in the previous year. The E-mobility segment accounted for 62.6% of total revenues. Due to non-recurring expenses for concept and process validation, EBITDA in the first quarter was €-0.5 million, corresponding to an EBITDA margin of -1.4%.
The E-mobility segment's order intake jumped to €44.7 million in the first quarter and therefore more than tripled compared to the same period last year. The E-Mobility segment's share of total order intake thus rose to 88.4%. Aumann has succeeded in winning a major contract in the field of battery technology with particularly good prospects. The company will develop highly automated production lines for the assembly of high-voltage batteries on behalf of a premium carmaker. The new solution will become a key technological pillar for the carmaker's electrification path and provides for further scalability across the associated production platform.
The increased order intake in the E-mobility segment underlines Aumann's technological expertise in automation solutions for electric drivetrains and battery systems. The company's strategic positioning in the electromobility market is proving to have a promising future, despite the challenges of the past two years. Thanks to a more flexible company structure, a liquidity position of € 93.8 million and a solid equity ratio of 66.2 %, Aumann has sufficient room to manoeuvre and improve the company's standing considerably in 2021.
The full quarterly report as at 31 March 2021 is available in the Investor Relations section of the homepage at www.aumann.com/investor-relations.
About Aumann AG
Aumann is a world-leading manufacturer of innovative speciality machinery and automated production lines with a focus on e-mobility. The company combines unique winding technology for the highly efficient production of electric motors with decades of automation experience, particularly in the automotive industry. Leading companies around the world rely on Aumann solutions for the series production of purely electric and hybrid vehicle drives, and on solutions for production automation.