PR Newswire/euro adhoc/
EANS-Adhoc: BWT Aktiengesellschaft / BWT reports final results 2012
Investment programme and brand building to continue
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.
annual result/annual report
BWT discloses the Annual Report 2012 confirming the preliminary figures reported
on February 21. "Also in 2012, our innovation strategy produced several
revolutionary technologies that provide the foundation of our investment
programme and the brand building of BWT - For You and Planet Blue. As a result,
in 2012, we could pass the milestone of exceeding half a billion Euro of sales
for the first time", says Andreas Weissenbacher, CEO of the BWT Group.
At EUR502.3 million, revenues were EUR23.4 million (or 4.9%) up on the previous
year. The strategically important BWT Point of Use business continued to
experience strong growth. At EUR41.8 million, the previous year's revenues were
exceeded by 20%, increasing the percentage of total revenues to 8.3% (previously
Consolidated net earnings only inched up slightly against the previous year,
despite higher revenues. This was due to the further rise in expenditure related
to the extension of the BWT brand and the extensive measures intended to develop
and expand the Point of Use product segment. EBITDA rose by 4.3% to EUR40.8
million, EBIT by 2.3% from EUR21.7 million to EUR22.2 million and consolidated
net earnings before minority interests by 4.7% to EUR14.4 million. Earnings per
share also increased 7.6% from EUR0.80 in the previous year to EUR0.87, not
least due to the lower number of shares outstanding.
Despite the high level of investments, the balance sheet continues to be strong:
gearing, ie the net debt to equity ratio, also increased only slightly from the
previous year's figure of 10.5% to 13.7% as at the end of 2012. The number of
employees increased to 2,726 people (previous year: 2,689) as at 31 December
The Management Board will propose the upcoming Annual General Meeting a dividend
of 0.28 Euro per share.
Andreas Weissenbacher: "The measures taken for the brand building of BWT to
become the leading water brand, supported by investments of more than 50 million
in the year 2013 - primarily for the Point of Use product segment at the Mondsee
site, will be continued. Higher earnings overall are not anticipated for the
coming financial year owing to the further increased advertising expenditure,
depreciation of fixed assets and financing costs."
The Annual Report and the Annual Financial Report are available on our homepage
www.bwt-group.com in section Investor Relations.
Further inquiry note:
Mag. Ralf Burchert
issuer: BWT Aktiengesellschaft
sector: Water Supply
indexes: Standard Market Continuous
stockmarkets: official market: Wien
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-0- Apr/16/2013 06:02 GMT
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