Aumann AG / DE000A2DAM03

Aumann AG: Aumann reports 33% jump in revenue after nine months with significantly improved profitability and raises its forecast for 2023 to over €280 million 

EQS-Ad-hoc: Aumann AG / Key word(s): 9 Month figures/Change in Forecast


14-Nov-2023 / 07:46 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

---

Disclosure of an inside information acc. to Article 17 MAR

Aumann reports 33% jump in revenue after nine months with significantly improved profitability and raises its forecast for 2023 to over €280 million 

Beelen, 14 November 2023

Aumann AG ("Aumann", ISIN: DE000A2DAM03), grew its revenue by 32.7% in the first nine months of 2023 and significantly improved its profitability at the same time. Order intake also clearly exceeded the previous year's strong figure, which led to a considerable increase in the order backlog. In addition, the recent acquisition of LACOM strategically expanded the technological portfolio in the field of battery and fuel cell production.

Based on the good order situation, revenue in the first nine months accelerated by 32.7% from €150.4 million in the previous year to €199.6 million. In the growth segment E-mobility, revenue even increased by 58.1% to €152.1 million. EBITDA rose across all segments from €5.5 million in the previous year to €13.5 million, which is a remarkable increase of 145.3% with an EBITDA margin of 6.8%. Adjusted for special effects related to personnel expenses from the stock option program, adjusted EBITDA amounted to €14.1 million with an adjusted EBITDA margin of 7.1%.

Order intake reached a new nine month high of €249.0 million. At €201.7 million, 81.0% of order intake  was attributable to the E-mobility segment. As a result, the order backlog grew by 26.9% to a total of €308.9 million, reflecting not only revenue growth but also a continuing increase in profitability. Despite the strong growth, Aumann was able to increase its liquidity to €113.5 million as of 30 September 2023 compared to the previous quarter and therefore remains in a solid position.

Based on the current business performance Aumann is increasing its original revenue forecast of over €250 million to over €280 million and expects an EBITDA margin at the upper end of the original forecast of 6 to 7%.

The full quarterly statement is available at www.aumann.com.

Aumann AG 
Dieselstraße 6
48361 Beelen
Germany
Tel [phone]
Fax [phone]
[e-mail]
www.aumann.com

Vorstand
Sebastian Roll (CEO)
Jan-Henrik Pollitt (CFO)

Aufsichtsrat
Gert-Maria Freimuth (Vorsitzender)
Christoph Weigler
Dr.-Ing. Saskia Wessel

Registergericht
Amtsgericht Münster, Registernummer: HRB 16399

End of Inside Information

---

14-Nov-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

---

Language:	English
Company:	Aumann AG
	Dieselstraße 6
	48361 Beelen
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.aumann.com
ISIN:	DE000A2DAM03
WKN:	A2DAM0
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1772315

End of Announcement	EQS News Service

---

1772315  14-Nov-2023 CET/CEST