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Press release Box-ID: 596366

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

Report on the first half of fiscal 2012/2013: Bertrandt continues its good business performance

(PresseBox) (Ehningen, )
The Bertrandt Group continued its growth under demanding conditions in the first six months of its current 2012/2013 financial year. The development specialist increased its revenues by 9.8 percent to EUR 375.4 million(previous year EUR 342.0 million). Operating profit (EBIT) rose to EUR 37.1 million in the first half (previous year EUR 36.3 million). Post-tax profit amounted to EUR 26.5 million (previous year EUR 26.0 million). Bertrandt employed 10,260 people on the reporting date (9,355 in the previous year).

Demand for development services stable thanks to intact market forces

"The engineering market provides a promising environment, especially so in Germany as a location for development work, because of the numerous innovations and challenges," Chief Executive Officer Dietmar Bichler said with respect to the latest halfyear report. "The variety of technology and models offers potential for customised development services. Development specialists like Bertrandt with know-how covering the whole vehicle are benefiting from such a setting." The trends towards environmentally friendly mobility, safety, comfort and interlinking also remain intact, Bertrandt's CEO added. "We can serve the entire scope of modern development requirements with our broad and deep range of services."

Revenues rose by 9.8 percent to EUR 375.4 million in the first half of fiscal 2012/2013 (previous year: EUR 342.0 million). Operating profit (EBIT) increased to EUR 37.1 million (previous year: EUR 36.3 million). This includes a development grant awarded outside Germany in the amount of EUR 1.5 million (previous year: EUR 1.3 million). Post-tax profit came to EUR 26.5 million (previous year: EUR 26.0 million). Capital expenditure was at a high level of EUR 14.7 million (EUR 23.9 million one year earlier and EUR 39.5 million on 30 September 2012). With an equity ratio of 59.0 percent (previous year 55.3 percent), Bertrandt is among the best-funded companies in the sector.

"Even though the international automotive industry still presented a mixed picture in the first three months of the 2013 calendar year, we see potential in the future, too, for continuing to successfully position our Company," said Markus Ruf, the Chief Financial Officer of Bertrandt AG. "We continue to resolutely pursue our strategy focused on growth with our customer-oriented market coverage."

Number of employees increased again

The Bertrandt Group enlarged its workforce in the first half of fiscal 2012/2013. The number of employees was up by 905 to 10,260 as at 31 March 2013 (9,355 staff on 31 March 2012). "We offer good prospects for graduates and specialists with career experience - from the archetypal engineer in vehicle construction, software, electronics and powertrain development to technicians and to industrial engineers and logistics specialists," Bichler declared.

"Candidates can join our Company anywhere across our whole range of services at different hierarchy levels." You will find the latest information on human resources management in the 'Careers' section of Bertrandt'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.