EANS-Adhoc: BWT Aktiengesellschaft
BWT - annual results 2011 -
BWT bets on globally patented revolutionary Mg2+ technology investing EUR 75
million
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information 26.03.2012 Revenues 2011: EUR 478.9 million (+3.9%) Earnings per share EUR 0.80 (2010: EUR 1.32) Dividend proposed at EUR 0.28 per share Healthy balance sheet "The year 2011 was marked by the kickoff of our consumer strategy aiming to position the brand BWT - For You and Planet Blue as the water brand with end consumers. Using our strong technologies, our healthy balance sheet and new, state-of-the-art production facilities in the framework of our Mondsee site expansion we have the best possible chances for a successful future", says Andreas Weissenbacher, CEO of BWT about the year 2011. In 2011, the BWT Group has grown by 3.9% achieving revenues of EUR 478.9 million (previous year: EUR 460.7 million). On a constant consolidation basis, revenue growth was 8.9%. Group EBIT amounted to EUR 21.7 million (previous year: EUR 31.5 million). The decline of earnings is mainly due to the investment programme started in 2011, comprising spending for the further expansion of the Point of Use segment as well as costs associated with the launch of the "BWT" brand. Net attributale income amounted to EUR 13.6 million compared to EUR 22.7 million in the year before, as a result, earnings per share amounted to EUR 0.80 Euro (previous year: EUR 1.32). At the end of 2011, the ratio of equity was 49.0% (after 51.0%) despite high investments and further share buybacks, and gearing (net debt related to equity) increased moderately to 10.5% (previous year: 6.0%). The Management Board will propose the upcoming Annual General Meeting a dividend of EUR 0.28 per share (previous year: EUR 0.40). Outlook The consumer strategy and the launch of the brand "BWT - For You and Planet Blue" as the leading "water brand" and the expansion investments for development, production and logistics capacities in the Point of Use-product segment at the site in Mondsee are the preconditions of dynamic growth not only in Point of Use, but also in Point of Entry. Foundation and best precondition are the strong balance sheet of the Group and unique water technologies ranging from hauseholds to the pharma and biotech industries. For example, the Mg2+ technology for best mineralised, good tasting water, or the world´s first anti-arsenic filter as table water filter, the new softener generations AQA perla and Rondomat Duo S and the BWT Septron Biosafe EDI module for highest highly purified water requirements in the pharma and biotech industries. For 2012, we expect higher revenues and increasing advertisement investments while earnings to be almost unchanged. The Annual Report and Annual Financial Report 2011 are available on our homepage www.bwt-group.com under section Investor Relations. Further inquiry note: BWT Aktiengesellschaft Mag. Ralf Burchert ralf.burchert@bwt-group.com Tel.: 06232/5011-1113 end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: BWT Aktiengesellschaft Walter-Simmer-Str. 4 A-5310 Mondsee phone: 06232/5011-0 FAX: 06232/4058 mail: office@bwt.at WWW: www.bwt-group.com sector: Water Supply ISIN: AT0000737705 indexes: ATX Prime stockmarkets: official market: Wien language: English
Original content of: BWT AG, transmitted by news aktuell