EANS-Adhoc: BWT Aktiengesellschaft
BWT discloses preliminary results FY 2012
Sales exceeding 500 million Euro
-------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------- Financial Figures/Balance Sheet/Company Information 21.02.2013 - Revenues +4.9% to EUR502.3 million - EBIT +2.3% to EUR22.2 million - Net result +4.7% to EUR14.4 million - Dividend proposed at EUR0.28 (unchanged) Mondsee, February 21, 2013. BWT Group met the target plan in 2012, for the first time achieving more than EUR500 million in sales in the financial year. At EUR502.3 million, the previous year's figure was improved by EUR23.4 million, or 4.9%. BWT generated above average growth with its Point of Use products: EUR41.8 million signifies an increase in revenues of 20% as against the previous year and 8.3% (previous year: 7.3%) of revenues. Due to further increases in expenses for the brand building of "BWT" and extensive measures for the launch and build-up of the Point of Use business, the Group income has advanced only slightly. EBITDA grew by 4.3% to EUR40.8 million, EBIT added 2.3% from EUR21.7 to EUR22.2 million and net earnings before minorities inched up 4.7% to 14.4 million. In addition, the lower number of outstanding shares, among other factors, led to higher earnings per share by 7.6% from 0.80 EUR in the previous year to 0.87 EUR in 2012. Despite high capital expenditure, the balance sheet remained sound: Gearing, net financial debt to equity capital, increased only slighty to close to EUR37 million, from 10.5% to 13.7% as at 31.12.2012 despite heavy investments into fixed assets of close to EUR37 million. The number of employees rose from 2,689 to 2,726 persons. The Management Board plans to propose the upcoming Annual General Meeting an unchanged payment of dividend of EUR 0.28 per share. Outlook The measures geared towards building up the brand BWT with the claim "For You and Planet Blue" as the leading water brand and associated investments required for the Point of Use product segment in particular will be continued according to plan in 2013. As a result of further increases in advertising expenses, depreciation of fixed assets and financing costs, no growth in earnings can be expected despite higher revenues. 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