M.A.X. Automation AG posts record half-year group revenue and earnings
in the first half of the year, the company posted its best ever group revenue and earnings in its corporate history.
The international automation specialist generated group revenue of EUR 103.4 million in the first six months of the year. This is a 19.3% increase year on year (first six months of 2006: EUR 86.7 million). Earnings before interest and taxes (EBIT) in the first of half of fiscal 2007 rose to EUR 8.7 million, up 16.2 % year on year (first half of fiscal 2006: EUR 7.5 million).
Consolidated profits in the first half increased to EUR 5.0 million, up 13.7% year on year (first half of fiscal 2006: EUR 4.4 million). The size of the increase in the first half of fiscal 2007 is even more impressive because last year's EBIT included extraordinary income from damages paid by former board members (approx. EUR 1.0 million), and consolidated 2006 profits also included income from the sale of the company's FAWEMA subsidiary (approx. EUR 0.4 million). Order intake in the fist half of fiscal 2007 increased by EUR 98.4 million (23.1%) to EUR 121.1 million. Order books as per June 30, 2007 were EUR 94.8 million, up 42.6% on last year´s figure (EUR 66.4 million).
In addition to the generally good climate in the industry, the continuing strong demand for M.A.X. Automation's core segments of environmental systems and industrial automation is the main reason for the company's strong growth. For full fiscal 2007, the Management Board expects to be able to boost group revenue to more than EUR 200 million on the basis of the company's current investment portfolio. Group 2007 profits are expected to see another increase too.
MAX Automation SE
Die M.A.X. Automation AG (WKN: 658090/ISIN: DE 0006580905), Düsseldorf, ist eine international agierende Beteiligungsgruppe mit den beiden Kernsegmenten Umwelttechnik und Industrieautomation. M.A.X. Automation bietet in diesen Bereichen technologisch hochwertige Produkte und Leistungen sowohl für den auftragsbezogenen Sondermaschinenbau als auch für Standardanlagen. Im Segment Maschinen-Anlagenbau sind technologische Spezialgebiete wie Fördersysteme, Behältertechnik und Trinkwassersysteme gebündelt.