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Press release Box-ID: 530811

Bertrandt AG Birkensee 1 71139 Ehningen, Germany http://www.bertrandt.com
Contact Ms Sabrina Förschler +49 7034 6564201
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Bertrandt AG

Bertrandt continues its good performance

Revenues and earnings raised once again in the 3rd quarter of fiscal 2011/2012

(PresseBox) (Ehningen, )
The Bertrandt Group maintained its good performance in the first nine months of fiscal 2011/2012. For the 3rd quarter of fiscal 2011/2012 the Company increased its revenues by 25 percent to EUR 518.0 million (previous year: EUR 414.4 million). Operating profit was up to EUR 53.2 million from EUR 41.7 million one year earlier. Earnings after income taxes came to EUR 37.1 million (previous year: EUR 29.2 million). The provider of development services recruited 1,506 new staff members compared with the number one year before, the workforce thus having grown to 9,555.

Bertrandt is benefiting from model variety and technological trends

"The trend towards environmentally friendly mobility, comfort, safety and IT in vehicles characterise the sector," says CEO Dietmar Bichler, adding "At the same time, carmakers are broadening their model line-ups to satisfy specific customer preferences as effectively as possible." The demand for development work that is growing on this basis provides outside suppliers like Bertrandt with the potential to support manufacturers and component suppliers and to take advantage of further growth opportunities. The Bertrandt Group performed well in the first nine months of its 2011/2012 financial year against this backdrop.

Revenues rose by 25 percent to EUR 518.0 million during the period under report (previous year: EUR 414.4 million). All of the Company's divisions - Digital Engineering, Physical Engineering and Electrical Systems/Electronics - as well as its Bertrandt Services subsidiary recorded gains. Operating profit was up from EUR 41.7 million to EUR 53.2 million. Earnings after income taxes came to EUR 37.1 million (previous year EUR 29.2 million). The high level of capital investment was also maintained: capital expenditure came to EUR 31.3 million (previous year EUR 22.7 million). Worldwide, Bertrandt employed 9,555 engineering, technical and commercial staff on 30 June 2012 (8,049 in the previous year).

"Heavy investment by our customers in research and development, our broad strategic alignment as well as our financial basis constitute a stable foundation for continuing to benefit from growth opportunities," Bichler says.

About 1,000 new jobs created in the current 2011/2012 financial year

The Bertrandt Group continued to enlarge its workforce in the first nine months of its 2011/2012 financial year. The number of employees has increased by 952 since 30 September 2011. As at 30 June 2012, the Group had 9,555 employees (8,603 on 30 September 2011), an increase of 1,506 over the same period one year earlier (8,049 as at 30 June 2012).

Bertrandt also continues to seek qualified and committed engineers and technicians. You will find the latest information on human resources management and the 1,000 available jobs in the 'Careers' section of Bertrand's web site at www.bertrandt.com.
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The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.