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    DGAP-News  629  0 Kommentare ElringKlinger sustains strong revenue and earnings growth in third quarter of 2014 - Seite 4


    13.9% up on the figure recorded for the same period a year ago. The Group
    again exceeded its previous record of EUR 649.1 million achieved in the
    preceding quarter.

    Annual forecast confirmed - Revenue and earnings growth expected in FY 2014

    ElringKlinger has confirmed its forecast for the annual period 2014 as a
    whole. For 2014, ElringKlinger anticipates that production output in the
    global car market will expand by 2 to 3%. Against this backdrop, the
    ElringKlinger Group has forecast that - on the back of revenue totaling EUR
    1,175.2 million in the 2013 financial year (ElringKlinger Marusan
    Corporation included on a proportionate basis) - its revenue will grow by 5
    to 7% organically in 2014, thus outpacing the market as a whole in terms of
    percentage growth. The full consolidation of ElringKlinger Marusan
    Corporation will additionally contribute around EUR 25 million to Group
    revenue. Full inclusion of this lower-margin subsidiary within the Group's
    scope of consolidation will have a dilutive effect on the Group EBIT margin
    in 2014 (approx. -0.3 percentage points). By contrast, improved capacity
    utilization with regard to the production of lightweight components for
    trucks following the introduction of Euro VI as well as the anticipated
    earnings contribution from organic revenue growth and the improved earnings
    performance at Hug should help to raise the Group's aggregate profit margin
    slightly in 2014. Adjusted for non-recurring items, EBIT is to rise to a
    level of EUR 160 to 165 million.






    Contact:
    For further information, please contact:

    ElringKlinger AG - Investor Relations/Corporate PR
    Stephan Haas
    Max-Eyth-Straße 2
    72581 Dettingen/Erms
    Tel.: +49 (0)7123-724-137
    E-Mail: stephan.haas@elringklinger.com



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    05.11.2014 Dissemination of a Corporate News, transmitted by DGAP - a
    service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.

    The DGAP Distribution Services include Regulatory Announcements,
    Financial/Corporate News and Press Releases.
    Media archive at www.dgap-medientreff.de and www.dgap.de

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    Language: English
    Company: ElringKlinger AG
    Max-Eyth-Straße 2
    72581 Dettingen/Erms
    Germany
    Phone: 071 23 / 724-0
    Fax: 071 23 / 724-9006
    E-mail: stephan.haas@elringklinger.de
    Internet: www.elringklinger.de
    ISIN: DE0007856023
    WKN: 785602
    Indices: MDAX
    Listed: Regulierter Markt in Frankfurt (Prime Standard),
    Stuttgart; Freiverkehr in Berlin, Düsseldorf, Hamburg,
    Hannover, München


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    DGAP-News ElringKlinger sustains strong revenue and earnings growth in third quarter of 2014 - Seite 4 DGAP-News: ElringKlinger AG / Key word(s): 9-month figures/Quarter Results ElringKlinger sustains strong revenue and earnings growth in third quarter of 2014 05.11.2014 / 07:42 --------------------------------------------------------------------- …