DGAP-News
Muehlhan AG publishes its nine-month-figures for 2016 (news with additional features) - Seite 2
expected to be at the upper end of the range of EUR5.0 million to EUR7.0
million.
The sale of Muehlhan shares held by Syntegra to the Greverath family and to
management, announced on July 4, 2016, was completed in the third quarter
of 2016.
The company's key performance indicators1 are shown in the following table.
in EUR million 9 months 2016 9 months 2015
Results
Sales 188.9 181.9
EBITDA2 11.6 8.9
EBIT3 5.6 3.9
EBT4 4.4 2.4
Consolidated earnings after 1.9 1.2
non-controlling interests
Earnings per share (EUR) 0.10 0.06
Cash flow from operating 7.8 4.35
activities
Capital expenditures 6.7 7.8
in EUR million Sept. 30, 2016 Dec. 31,2015
Balance sheet
Fixed assets6 52.6 53.1
Equity 67.4 65.9
Equity ratio in % 48 48
Balance sheet total 138.3 137.9
Employees Sept. 30, 2016 Sept. 30, 2015
Number of employees 2,836 2,823
(annual average)
1 The information as of September 30, 2016 pursue to IFRS 5 due to the
closing of the business segment in Singapore. The previous year's values of
the income statement and the number of employees were not adjusted.
2 EBITDA: Earnings before interest, taxes, depreciation and amortization
3 EBIT: Operating income (Earnings before interest and taxes)
4 EBT: Earnings before taxes
5 The amount was adjusted due to the changed presentation of the Group's
cash flow statement since the 2015 annual report.
6 Fixed assets: Total of non-current assets less deferred tax assets
About Muehlhan: Worldwide, the Muehlhan Group is a reliable partner in
industrial services and high-quality surface protection. As one of the few
full-service providers, we offer our customers a broad range of services
designed to meet the exacting quality standards expected in professional
industrial services. Our customers benefit from our exceptional
organizational skills, on-time delivery, the technical expertise that
differentiates us from our competitors and our more than 130 years of
experience.
We have an established market presence in the four business segments in
which we operate: Ship, Renewables, Oil & Gas and Industry/Infrastructure.
With our workforce of more than 2,800 employees at over 30 locations
worldwide, we generated sales revenues of EUR239 million in 2015. We intend
to use this stable foundation to further expand our business in the coming
years and to continue moving our Group forward through proximity to our
customers in the global market.
For more information, visit www.muehlhan.com.
Press contact: Muehlhan AG; Tel.: +49 40 75271-150; e-mail:
investorrelations@muehlhan.com
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Additional features:
Document: http://n.eqs.com/c/fncls.ssp?u=QPPURYKDIL
Document title: Press release: Muehlhan AG publishes its nine-month figures
for 2016
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10.11.2016 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.
Archive at www.dgap.de
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Language: English
Company: Muehlhan AG
Schlinckstrasse 3
21107 Hamburg
Germany
Phone: +49 40 75271 0
Fax: +49 40 75271 130
E-mail: investorrelations@muehlhan.com
Internet: www.muehlhan.com
ISIN: DE000A0KD0F7
WKN: A0KD0F
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Munich, Stuttgart, Tradegate Exchange; Open
Market (Entry Standard) in Frankfurt
End of News DGAP News Service
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