The coronavirus pandemic is having serious consequences, with the German economy in a downturn since March. This is also reflected in the performance of INDUS Holding AG in the first quarter of 2020, when consolidated sales revenues declined by 8.3% to EUR 401.2 million (3M previous year: EUR 437.6 million). Earnings before interest and taxes (EBIT) dropped to EUR 16.0 million (3M previous year: EUR 33.6 million). The EBIT margin stood at 4.0% (3M previous year: 7.7%).
INDUS Holding AG has been awarded the ‘Prime’ status in the sustainability rating of Institutional Shareholder Services Inc. for the fifth consecutive time. INDUS received a “C+” rating in the “Corporate ESG Performance” category, thus defending its top position in the international peer group of “Financials/Multi-Sector Holdings”.
MIGUA Fugensysteme GmbH, a subsidiary of the INDUS Group, celebrates its 100th anniversary. The company, based in Wülfrath, North Rhine-Westphalia, has been part of the INDUS Group since 2005. MIGUA was originally founded on 04 May 1920 as a technical trading company and has since developed into the German market leader in the design, manufacture […]
INDUS Holding AG reached its revenue targets in the fiscal year 2019: the portfolio companies of the leading specialist for long-term investment in, and sustainable development of, German mid-sized companies increased their sales revenues to EUR 1.74 billion (previous year EUR 1.71 billion). In spite of the significant decline in sales revenues in the Automotive Technology segment, consolidated revenues are within the projected range of EUR 1.72 to 1.77 billion.
Bergisch Gladbach, 07 May 2020 – Based on the preliminary consolidated figures for the first quarter of 2020, INDUS Holding AG expects for the first quarter of 2020 consolidated sales of EUR 401.2 million (Q1 2019: EUR 437.6 million), an operating profit (EBIT) of EUR 16.0 million (Q1 2019: EUR 33.6 million) and earnings after […]
Bergisch Gladbach, 26 March 2020 – Against the background of the spreading coronavirus, INDUS Holding AG postpones the Annual General Meeting originally scheduled for 20 May 2020. The Annual General Meeting will be rescheduled to a later date, presumably in August 2020. The exact date will be announced in due course. The Board of Management […]
Bergisch Gladbach, 7 November 2019 – In the third quarter of 2019, INDUS Holding AG recognized non-cash write-downs on goodwill and on property, plant and equipment in the amount of EUR 12.5 million in the consolidated financial statements. These write-downs exclusively relate to the Automotive Technology segment. They are the result of the poorer outlook […]
Bergisch Gladbach, 14 October 2019 – Further unexpected burdens in the Automotive Technology segment require that INDUS Holding AG has to revise the earnings forecast published on 8 August 2019. The following factors lead to this assessment: – Turnovers in the Automotive Technology segment widely drop by around 20 percent as compared to last year […]
