EQS-News
INDUS Holding AG: INDUS publishes unaudited and preliminary figures for financial year 2022
EQS-News: INDUS Holding AG / Key word(s): Annual Results/Investment INDUS publishes unaudited and preliminary figures for financial year 2022 |
- Continuing operations with good performance
- Adjustment of accounting as consequence of PARKOUR perform strategy update
- One-time charge due to reclassification of three portfolio companies as discontinued operations
Bergisch Gladbach, 23 February 2023 – As of 1 January 2023, the INDUS Group reorganized itself into three segments – Engineering, Infrastructure and Materials – in accordance with the PARKOUR perform strategy update presented in December 2022. In the process, the Board of Management decided which businesses have good prospects and will therefore be continued under the INDUS umbrella. It was also decided to discontinue the former Automotive Technology segment. SCHÄFER and SELZER shall be sold in the current fiscal year. Against the background of this reorganization, the continuing and discontinued operations are therefore presented separately below. All information below is based on the Group’s preliminary, unaudited figures for 2022.
The continuing operations in the portfolio of INDUS Holding AG showed a good operating performance in 2022; the portfolio companies in these segments increased their sales by 10.4% to EUR 1.80 billion (previous year: EUR 1.63 billion). Operating income (EBIT) before impairment losses stood at EUR 176.5 million (previous year: EUR 168.1 million), with the corresponding EBIT margin at 9.8% (previous year: 10.3%). “Despite the challenging macroeconomic environment, the portfolio companies have shown a really strong performance," says Dr. Johannes Schmidt, Chairman of the Board of Management of the INDUS Group.