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DGAP-Media / 2018-06-14 / 06:15
*(Ehningen, 14 June 2018) The Group has continued to focus on the future
trends in the first half of the fiscal year 2017/2018. The three major
influencing factors, i.e. the increasing variety of models and variants,
environmentally friendly individual mobility and connected and automated
driving, are intact and offer opportunities. *
The ongoing technology trends of autonomous driving, connectivity,
e-mobility and the Internet of Things are driving a fundamental
transformation of the automotive industry. Mobility and the world of digital
data are becoming increasingly intertwined and new business fields and
market shares are emerging. The breadth and depth of topics continue to
increase and Bertrandt as a provider of engineering services is actively
shaping this change for the Company's customers. As a solutions-focused
engineering business Bertrandt is geared to market and customer requirements
and consequently also invests in infrastructure and the competences of its
employees. "With all these developments new topics, services and cooperative
opportunities are also emerging alongside established fields of business
which Bertrandt is exploiting to develop the best solutions for its
customers," said Chairman of the Board Dietmar Bichler.
At the Capital Market Day, the Company presented its first-half figures. The
Bertrandt Group's performed according to expectations in the first six
months of fiscal 2017/2018. The Company's key performance figures slightly
increased despite the fact that the period had three fewer working days than
the same period in the previous year. Total revenues were EUR 501.1 million
in the period under review (previous year EUR 497.6 million). In the first
half of the current fiscal year Bertrandt's EBIT was EUR 36.1 million
(previous year EUR 35.6 million) and thus was slightly above the previous
year despite the lower number of working days. This corresponds to a margin
of 7.2 percent (previous year 7.2 percent). Post-tax earnings came to EUR
24.2 million (previous year EUR 25.0 million). In the first six months of
the current fiscal year the Company made the necessary investment in
buildings and technical equipment, amongst other things in a technology
centre in Northern Germany, spending EUR 25.8 million (previous year EUR
19.6 million). The Company will continue in this way to focus its investment
activ-ities in building up and expanding its infrastructure with the aim of
continually optimising its range of services. At 50.0 percent (previous year
46.7 percent) the equity ratio remains at a high level. As at the balance
sheet date, 13,047 employees (previous year 13,089) worked for Bertrandt.
However, the number of employees as of 31 June 2018 had risen by 77 compared
to 30 September 2017. The Company's growth will continue to depend on
qualified employees, which is why Bertrandt is increasing its attraction as
an employer by various measures as, for example, the new initiative
"Workplace of the future". Mobile and agile working are important elements
of this concept. The various subject matters offer opportunities for
specialists in the different disciplines.
Bertrandt takes an optimistic view about the future. The Company benefits
from a large diversity of technologies and is investing in a high voltage
centre for battery tests in a climate chamber in Ehningen, for example. In
addition, Bertrandt is planning test centres for new drive technologies.
Moreover, the Group is expanding its range of services through
co-operations. In the current financial year, the engineering service
provider has presented the "Automotive Analytics and Development Platform" -
a cloud-based solution for storing and analysing vehicle data that helps to
make driving safer and more comfortable. Due to the successful application
of the platform, Bertrandt has received the Microsoft Silver Status for
Bertrandt's expertise in the cloud. Another example is the successful
cooperation with SGL Carbon. In a collaborative initiative the two companies
have developed a lightweight construction solution - the Carbon Carrier. In
the global OEM market Bertrandt was able to enlarge its customer base. The
share of revenues generated with system suppliers continues to increase. The
Company was also able to conclude additional framework contracts in
technological key industries apart from the mobility sector.
Provided that the economic situation does not deteriorate, manufacturers
continue to invest in research and in developing new technologies and
models, development services are still outsourced to service providers and
sufficient skilled staff are available, Bertrandt expects to continue
growing during the 2017/2018 financial year. The three main factors that
influence the Group's business - the growing variety of models and variants,
environmentally friendly personal mobility and autonomous, connected driving
- remain unchanged and offer the Company a wide range of different
opportunities for the future.
Additional information is available from:
Bertrandt AG
Birkensee 1
71139 Ehningen
www.bertrandt.com [1]
Dr Markus B. Götzl
Head of Marketing, Corporate Communication and IR
+49 7034/656-4201
markus.goetzl@de.bertrandt.com
End of Media Release
Additional features:
Document: http://n.eqs.com/c/fncls.ssp?u=SFKSFPKMKH [2]
Document title: Press information Bertrandt AG half year results
Issuer: Bertrandt AG
Key word(s): Enterprise
2018-06-14 Dissemination of a Press Release, transmitted by DGAP - a service
of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Archive at www.dgap.de
Language: English
Company: Bertrandt AG
Birkensee 1
71139 Ehningen
Germany
Phone: +49 (0)7034/656-4201
Fax: +49 (0)7034/656-4488
E-mail: markus.goetzl@de.bertrandt.com
Internet: www.bertrandt.com
ISIN: DE0005232805
WKN: 523280
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP Media
694271 2018-06-14
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(END) Dow Jones Newswires
June 14, 2018 00:15 ET (04:15 GMT)
