Corporate News

Brilon, August 13, 2015: CENTROTEC Sustainable AG, Brilon, achieved revenue growth of 1.8 % in the first half of 2015, taking the global figure to EUR 248.5 million (previous year EUR 244.2 million). All segments contributed to the 2.3 % revenue growth in the second quarter. The operating result (EBIT) rose from EUR 5.6 million to EUR 8.4 million in the first six months. While the profit performance benefited from non-recurring effects in the first quarter, the EBIT operating result of EUR 4.3 million for the second quarter was slightly up on the prior-year figure. Further improvements to net interest and the effective tax rate produced an overproportional rise in earnings per share (EPS) to EUR 0.23 (previous year EUR 0.12) for the first half.

Brilon, May 13, 2015: CENTROTEC Sustainable AG, Brilon, achieved revenue growth of 1.2 % in the first quarter of 2015, taking it to EUR 120.9 million (previous year EUR 119.5 million). The operating result (EBIT) was increased from EUR 1.8 million to EUR 4.2 million. This figure benefited from positive exchange effects worth EUR 1.4 million. The prior-year figure moreover included negative non-recurring effects amounting to EUR 1.0 million. In addition, improvements to the interest result and effective tax rate boosted earnings per share (EPS) to EUR 0.11 (previous year EUR 0.02).

Brilon, March 26, 2015: CENTROTEC Sustainable AG, Brilon, achieved revenue growth of 1.0 % in the 2014 financial year, taking it to EUR 530.5 million (previous year EUR 525.4 million). By contrast, the operating result (EBIT) of EUR 31.0 million was 13.1 % down on the prior-year figure of EUR 35.7 million. The company is thus able to confirm the provisional figures announced in January. It achieved earnings per share (EPS) of EUR 1.00 (previous year EUR 1.40). However thanks to a further improvement in the financial position, the dividend level of EUR 0.20 per share is to be maintained at the same level as in the previous year.

Brilon, March 11, 2015: Wolf, the heating and climate control technology specialist that is a member company of CENTROTEC Sustainable AG, is taking over the Croatian climate control and ventilation equipment manufacturer PRO-KLIMA d.o.o.. This company, based in Samobor near Zagreb, is market leader in Croatia and also exports 55 percent of its production to neighbouring countries in Southeast Europe, in particular to Russia, Germany and Austria. PRO-KLIMA generated revenue of around EUR 13 million last year. The acquisition gives CENTROTEC access to a market in which it has hitherto had only a minor presence. In addition PRO-KLIMA’s highly versatile, Eurovent-certified range of climate control equipment ideally complements the group’s existing product portfolio. The purchase is scheduled for completion in the second quarter of this year. It was agreed not to disclose the purchase price.

Brilon, January 30, 2015: According to provisional calculations CENTROTEC Sustainable AG, Brilon, expects to achieve its revenue target for 2014 with consolidated revenue reaching around EUR 531 million. The continuing weak performance of most markets in the fourth quarter of the year and the development of the Russian rouble, which diminished the result (EBIT) by over one million euros, are likely to cause the previous earnings forecast to be narrowly missed at just under EUR 31 million.

CENTROTEC does not expect any significant easing of the unsatisfactory environment in the current 2015 financial year.

Brilon, January 30, 2015: According to provisional calculations CENTROTEC Sustainable AG, Brilon, expects to achieve its revenue target for 2014 with consolidated revenue reaching around EUR 531 million. The continuing weak performance of most markets in the fourth quarter of the year and the development of the Russian rouble, which diminished the result (EBIT) by over one million euros, are likely to cause the previous earnings forecast to be narrowly missed at just under EUR 31 million.

Brilon, November 13, 2014: CENTROTEC Sustainable AG, Brilon, confirming its announcement from the end of October, generated revenue of EUR 146.3 million and EBIT of EUR 14.7 million in the third quarter of 2014. The figures for the corresponding period of the previous year were EUR 147.1 million and EUR 15.2 million respectively. Aggregate revenue for the first three quarters of the year came to EUR 390.5 million (previous year EUR 383.0 million), with an operating result (EBIT) of EUR 20.3 million (previous year EUR 22.2 million).

Brilon, October 31, 2014: according to provisional calculations CENTROTEC Sustainable AG, Brilon, generated revenue of EUR 146.3 million and an operating result before interest and taxes (EBIT) of EUR 14.7 million in the third quarter of 2014, representing a slight drop compared with the figures for the same period of the previous year (revenue EUR 147.1 million, EBIT 15.2 million). Revenue for the first nine months of the year came to EUR 390.5 million (previous year EUR 383.0 million), and the operating result (EBIT) to EUR 20.3 million (previous year EUR 22.2 million).

Brilon, October 31, 2014: according to provisional calculations CENTROTEC Sustainable AG, Brilon, generated revenue of EUR 146.3 million and an operating result before interest and taxes (EBIT) of EUR 14.7 million in the third quarter of 2014, representing a slight drop compared with the figures for the same period of the previous year (revenue EUR 147.1 million, EBIT 15.2 million). Revenue for the first nine months of the year came to EUR 390.5 million (previous year EUR 383.0 million), and the operating result (EBIT) to EUR 20.3 million (previous year EUR 22.2 million).

Brilon, August 14, 2014: The first half of 2014 saw CENTROTEC Sustainable AG, Brilon, increase its revenue by 3.5% compared with the first half of the previous year, to EUR 244.2 million (previous year EUR 235.9 million). All three segments contributed to this growth. In the second quarter revenue growth came to 1.2%, having reached 6.1% in the first three months, thanks in part to the very mild winter. EBITDA was broadly in line with the prior-year figure (EUR 16.4 million) at EUR 16.2 million. EBIT came to EUR 5.6 million and thus showed a decrease compared with the prior-year figure of EUR 6.9 million. The depreciation as a result of the substantial increase in capacities over recent years and the non-recurring costs for the change in the group’s management posted in the first quarter had an adverse impact on the operating result.