DMG Mori still meeting targets forecasts

dmgDMG Mori Aktiengeselschaft completed in a volatile market environment the first half year 2016 according to plan: Order intake was € 1,158.2 million (previous year: € 1,203.3 million). This decline is mainly attributable to cancellations made by us due to non-receipt of advance payments. Without this measure, the order intake figure would be above the previous year’s level. Sales revenues amounted to € 1,092.5 million (previous year: € 1,090.2 million). EBITDA totalled € 94.2 million (previous year: € 94.9 million), EBIT was € 65.3 million (previous year: € 68.4 Mio. €) and EBT amounted to € 61.2 million (previous year: € 65.7 million). As of 30 June 2016, the group reports earnings after taxes of € 42.8 million (previous year: € 45.3 million). Sales revenues in the second quarter reached € 551.1 million (previous year: € 551.8 million). For the half year, sales revenues were slightly above the previous year’s value at € 1,092.5 million (previous year: € 1,090.2 million). International sales revenues amounted to € 729.4 million and were thereby at about the previous year’s level (€ 733.3 million). Domestic sales revenues increased to € 363.1 million (previous year: € 356.9 million). The export quota amounted to 67% as in the previous year. In the second quarter, order intake amounted to € 566.6 million (previous year: € 616.1 million). This decline is mainly attributable to cancellations made by us due to non-receipt of advance payments. Without this measure, the order intake figure would be above the previous year’s level. In the first half year order intake amounted to € 1,158.2 million (previous year: € 1,203.3 million). Domestic orders were € 371.9 million (previous year: € 397.9 million). International orders amounted to € 786.3 million (previous year: € 805.4 million). Thus the share of foreign business is 68% (previous year: 67%). Earnings of the DMG MORI group developed as follows: in the second quarter, EBITDA achieved € 51.8 million (previous year: € 52.5 million), EBIT amounted to € 37.3 million (previous year: € 38.4 million) and the EBT reached € 35.4 million (previous year: € 37.8 million). As at the end of the first half of the year, EBITDA amounted to € 94.2 million (previous year: € 94.9 million), EBIT was € 65.3 million (previous year: € 68.4 million) and EBT reached € 61.2 million (previous year: € 65.7 million).

As of 30 June 2016, the group reports earnings after taxes of € 42.8 million (previous year: € 45.3 million). Investments in property, plant and equipment and intangible assets in the first half year amounted to € 29.8 million (previous year’s value: € 49.4 million). Expenses for research and development amounted to € 22.3 million in the first half year (previous year: € 22.9 million). In the first half of the year, DMG MORI introduced six world premieres. In the second half of 2016, together with our Japanese partner, we will also be presenting three additional world premieres – amongst others at the important autumn exhibitions, the IMTS in Chicago, the AMB in Stuttgart and the JIMTOF in Tokyo.

Digitisation is one of the key issues for us for the future. In the era of Industrie 4.0 we are placing our focus most especially on integrated technology and software solutions. With the app-based control and operating software CELOS we are already offering our customers the key element for networked, intelligent production. On 30 June 2016, the group had 7,461 employees of whom 275 were trainees (31 Dec. 2015: 7,462). There were 4,095 domestic employees (55%) and 3,366 employees (45%) working for the international companies. Personnel costs amounted to € 288.5 million (previous year’s period: € 274.2 million). The personnel ratio was 25.6% (previous year’s period: 23.8%). The share price of DMG Mori Aktiengeselschaft at the start of the second quarter was quoted at € 41.03 (01 April 2016) and closed at a price of € 42.31 at the end of the reporting period (30 June 2016).

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