BERU AG Short Financial Year 2005: Sales Revenue +8.5%; EBIT Margin of 10.4% Despite Special Effects.MUNICH, Germany -- According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. preliminary figures, BERU Aktiengesellschaft, Ludwigsburg, increased its sales revenues in the 2005 short financial year (April 1 to December 31, 2005) by 8.5% to EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 305.8 million (Apr.-Dec. 2004: EUR 281.7 million). This result significantly surpassed the targeted 5% revenue growth for the nine-month period. The growth drivers were the Diesel Cold-Start Technology division and the Electronics and Sensor Technology division. On the basis of preliminary figures, BERU posted earnings before interest and taxes In financial and business accounting, earnings before interest and taxes (EBIT) is a measure of a firm's profitability that excludes interest and income tax expenses.[1] EBIT = Operating Revenue – Operating Expenses + Non-operating Income (EBIT EBIT See: Earnings Before Interest and Taxes EBIT See earnings before interest and taxes (EBIT). ) of EUR 31.9 million for the short financial year, compared with EUR 36.5 million for the unaudited period of April through December 2004. EBIT was reduced by one-time special effects totaling EUR 9.3 million. In line with the growth strategy initiated three years ago, the Group continued to focus its international production network on core competencies and took measures to achieve sustained improvements in cost structures, particularly in the Ignition Technology division. The realignment re·a·lign tr.v. re·a·ligned, re·a·lign·ing, re·a·ligns 1. To put back into proper order or alignment. 2. To make new groupings of or working arrangements between. of our production activities in Mexico and the restructuring actions at our French plant in Chazelles sur Lyon resulted in total charges of EUR 5.5 million. In addition, annual impairment tests led to non-scheduled writedowns of tangible and intangible assets totaling EUR 3.8 million. Excluding these special effects and on the basis of preliminary figures, the Group posted an adjusted operating profit Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. (adjusted EBIT) of EUR 41.2 million, thus achieving an EBIT margin of 13.5%. BERU plans to publish its final figures for the short financial year 2005 (April 1 to December 31, 2005), as audited and approved by the Supervisory Board Supervisory board The board of directors that represents stakeholders in the governance of the corporation. , on March 30, 2006. The Executive Board
Further information on BERU AG is available from:
BERU AG
Corporate Communications & Investor Relations
Gala Conrad, Phone.: +49 (0)7141 13 22 46,
E-Mail: corporate-communications@beru.de
language: English
emitter: BERU AG
Morikestr. 155
71636 Ludwigsburg Deutschland
phone: +49 (0)7141 132-2 46
fax: +49 (0)7141 132-5 86
email: investor-relations@beru.de
WWW: www.beru.de
ISIN: DE0005072102
WKN: 507210
indexes:
stockmarkets: Amtlicher Markt in Frankfurt (Prime Standard),
Stuttgart; Freiverkehr in Berlin-Bremen, Dusseldorf,
Hamburg, Munchen
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