Aves One AG

  • WKN: A16811
  • ISIN: DE000A168114
  • Land: Deutschland

Nachricht vom 09.09.2019 | 14:00

Aves One with significant increases in sales and earnings in the first half of 2019 according to preliminary figures

DGAP-News: Aves One AG / Key word(s): Preliminary Results

09.09.2019 / 14:00
The issuer is solely responsible for the content of this announcement.


Corporate News

Aves One with significant increases in sales and earnings in the first half of 2019 according to preliminary figures

  • Asset volume reaches around EUR 838 million
  • Revenues more than doubled to around EUR 67 million
  • EBITDA rises by more than 90% to around EUR 42 million
  • EBT more than six-fold increased to around EUR 6.8 million (adjusted)

Hamburg, 9 September 2019 - According to preliminary figures, Aves One AG, a strongly growing portfolio holder in the field of long-lived logistics assets, looks back on a successful first half of 2019. Following an already successful 2018 financial year, the company is thus approaching another record year.

According to preliminary unaudited figures, revenues more than doubled to around EUR 67 million (previous year: EUR 32.4 million). At the same time, EBITDA rose from EUR 22.0 million to around EUR 42 million - an increase of more than 90%. EBT adjusted for exchange rate effects in the financial result rose even more significantly to EUR 6.8 million (previous year EUR 1.1 million). The strong sales and earnings growth confirm the positive operating development and the successful expansion of the asset portfolio at relatively constant fixed costs. With acquisitions of EUR 41 million, the asset volume increased slightly in the first half of 2019 (31.12.2018: EUR 820.9 million). Further acquisitions were made after the end of the reporting period, so that the expansion of the portfolio gained considerable momentum since then. With deliveries of around EUR 150 million already contractually agreed in the third quarter of 2019, the rail segment in particular will be significantly strengthened.

"We have continued our growth course in the first half of the year. This is reflected in the transactions that were successfully concluded this year. The preliminary half-year figures confirm our strategy. We intend to maintain the high pace of growth in the second half of the year and further increase our profitability and asset volume. I believe that we are on the right track to achieve the one billion Euro threshold line by the end of the year," explains Jürgen Bauer, CEO of Aves One AG.

For the current fiscal year, Aves One expects significantly higher revenues and a considerably higher EBITDA compared to the previous year. The Management Board confirms its forecast for the current business year 2019 to increase the revenues to more than EUR 110 million (2018: EUR 77.7 million) and to grow EBITDA to over EUR 80 million (2018: EUR 54.7 million).

The final figures for the first half of 2019 will be published at the end of September 2019.

About Aves One AG
Aves One AG is a strongly expanding holder of long-life logistics assets with a focus on freight cars. The portfolio also includes containers and swap bodies. The company plans to increase the value of its assets to more than EUR 1 billion by the end of 2019. With a young, profitable freight car portfolio, Aves One is one of the leading holders of rail logistics assets in Europe. The strategy is geared to constant optimization of Aves One's stock and further expansion of the logistics portfolio. Based in Hamburg, Aves One AG is listed on the regulated market (Prime Standard) of the Frankfurt Stock Exchange (ISIN: DE000A168114; WKN: A16811).

Further information
www.avesone.com

Contact
Aves One AG
Jürgen Bauer, CEO
T +49 (40) 696 528 350
F +49 (40) 696 528 359
E ir@avesone.com



09.09.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

Anleihe im Fokus

Deutsche Rohstoff
"Anleihe - Jetzt zeichnen!"

- Emissionsvolumen: bis zu 100 Mio. EUR
- Zeichnungsfrist: 11.11. bis 04.12.2019
- ISIN: DE000A2YN3Q8 / WKN: A2YN3Q
- Börsenesegment: Börse Frankfurt, Open Market (Quotation Board)
- Stückelung / Emissionspreis: 1.000 EUR/ 100%
- Zinssatz (Kupon): 5,25 %
- Laufzeit: 5 Jahre
- Fälligkeit: 5 Jahre / 6.12.2024 (vorbehaltliche vorzeitige Rückzahlung gemäß Anleihebedingungen)
- Zinszahlung: Angebot an Inhaber der 5,625 % Schuldverschreibung 2016/2021 (WKN A2AA05, ISIN DE000A2AA055) diese in die neue Anleihe zu tauschen
- Umtauschfrist: 11.11.2019 – 29.11.2019 (18.00 Uhr)

GBC-Fokusbox

Expedeon AG mit attraktiver Produktpipeline

Durch die konsequente Fortsetzung der „Grow, Buy & Build“-Strategie hat die im Bereich der Entwicklung und Vermarktung von DNA-Technologien, Proteomik- und Antikörper-Konjugations-Anwendungen tätige Expedeon AG das Umsatzniveau angehoben und auf operativer Ergebnisebene zugleich den Break-Even nachhaltig überschritten. Für die kommenden Perioden ist der Ausbau der Umsatzerlöse mit den bestehenden Produkten geplant. Darüber hinaus verfügt die Expedeon AG über eine attraktive Produktpipeline mit hohem Umsatzpotenzial. Unser Kursziel liegt bei 3,20 € je Aktie. Das Rating lautet KAUFEN.

Aktueller Webcast

EQS Group AG

Conference Call zu den Neunmonatszahlen 2019

15. November 2019

Aktuelle Research-Studie

Uzin Utz AG

Original-Research: Uzin Utz AG (von Montega AG): Kaufen

15. November 2019