AURELIUS successfully concludes growth year 2008
Sales rises to about 580 million euro / EBITDA above 70 million euro / Cash and equity almost doubled
The positive business development is also reflected in the financially sound situation of the company. Cash and cash equivalents as of 31 December 2008 increased to 73 million euro (previous year 39 million euro). Shareholders' equity almost doubled to about 150 million euro (previous year 75 million euro) and thus is well above the market capitalization of AURELIUS AG of currently round about 100 million euro.
Dr Dirk Markus, CEO of AURELIUS, sees the company well on track: "Despite a difficult economic environment, AURELIUS advanced significantly in 2008. Our operational and financial strength now gives us the opportunity to benefit from the current market. We want to keep growing in a cash flow positive and profitable manner and the current crisis provides us with optimal conditions for doing so.".
The complete 2008 annual report as well as a detailed outlook on the expected performance for the current fiscal year will be published by the end of March.
AURELIUS SE & Co. KGaA
Munich-based AURELIUS AG acquires medium-sized companies and business units that no longer belong to the core business of their previous owners. AURELIUS acquires companies even in complex situations and actively develops them. Through its operational in-house team, AURELIUS enhances the value of its portfolio companies to the benefit of all stakeholders taking into account corporate and social responsibility. The shares of AURELIUS AG are traded on the open market of the Frankfurt stock exchange (ISIN: DE000A0JK2A8).