EQS-News

INDUS Holding AG: INDUS publishes unaudited and preliminary figures for financial year 2022 - Seite 3

INDUS invested approx. EUR 113.3 million in the portfolio in 2022. These consist of investments at the portfolio companies as well as the acquisitions of HEIBER + SCHRÖDER and the HELD Group – both to strengthen the new Engineering segment.

Net debt increased primarily due to the fact that working capital picked up in the full year 2022. At 2.3 years at the end of the year, the debt repayment period, i.e. the relation between net debt and EBITDA (of the continuing operations), was below the target range of 2.5 years. The equity ratio declined primarily because of the high non-cash value adjustments from the revaluation of the companies reclassified into discontinued operations and the impairment losses resulting from the scheduled impairment tests and stood at 36.3%, which is below the 40% target.

“The repositioning now completed makes us optimistic for the year 2023,” says Dr. Johannes Schmidt. “Going forward, we will focus our portfolio on highly specialized industrial technology in attractive market niches. This is reflected in the continuing operations. We can now take off from this strong basis.”

The full financial statements for the financial year 2022 including the forecast for the financial year 2023 will be published on the company’s website on 23 March 2023. For the 2023 financial calendar, visit www.indus.de.

About INDUS Holding AG:

Established in 1989 and headquartered in Bergisch Gladbach, INDUS Holding AG is a leading specialist for sustainable corporate development in the German-speaking SME sector. As a value-oriented holding company with clear technology priorities, INDUS actively supports its currently 47 portfolio companies in their long-term development. INDUS acquires two to three highly specialized and future-proof industrial engineering companies in the Infrastructure, Materials and Engineering segments per year. Since 1995, INDUS Holding AG has been listed in the Prime Standard of the Frankfurt Stock Exchange (DE0006200108); in 2022, the Group generated sales of around 1.8 billion euros. For more information on INDUS, visit www.indus.de.