EDAG Engineering Group AG

Positive order book; Revenues 2016 almost at previous year's level - Seite 2

 

Positive outlook: Growth in revenues and earnings expected for 2017

Automotive manufacturers and their suppliers continue to invest high amounts into research and development. The increasing number of drive variants, new platforms with purely electric engines and the increasing networking of driver, car and the environment contribute to a high demand for engineering services. Additionally, new international customer relations promise further potential for growth.

EDAG is positioning itself optimally as an independent development partner with outstanding competencies and a global network of locations in order to continue to benefit from the positive - albeit challenging - market conditions. Against this background, the management expects an increase in revenues of up to 5% and an adjusted EBIT-margin of approximately 6-8%.

 

Selected financial information for financial year 2016

 

	FY 2015	FY 2016
Order intake (in EUR mn)	731.4	744.9
Order book (at 31.12. in EUR mn)	287.3	318.9
Revenues (in EUR mn)	722	715
Adjusted EBIT (in EUR mn)	72.6	43.8
EAT (in EUR mn)	36.3	18.0
Net financial debt (in EUR mn)	93.4	98.1
CapEx (in EUR mn)	30.3	27.9
Equity ratio (in %)	32.6	35.5
Dividend per share (in EUR)	0.75	0.75