As already announced on 7 July, INDUS Holding AG has adopted a set of measures to optimize its portfolio. By eliminating weak results as well as restructuring costs, the company aims to sustainably improve its EBIT margin.
Against the background of the current COVID 19 pandemic, the management board of INDUS Holding AG has decided, with the approval of the supervisory board, to hold a virtual Annual General Meeting. This should take place on August 13, 2020 from 10.30 a.m.
Innovation and adaptability have been an integral part of the medium-sized DNA for more than 150 years. This also applies to the companies of the INDUS Group, which as hidden champions are often world market leaders in their niche: Despite the uncertain global economic situation and the significant effects of the corona crisis, the development and market launch of innovative products and processes is progressing.
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%).
Bergisch Gladbach, 3 August 2020 – Based on the preliminary figures for the first half of 2020 and an updated planning INDUS comes back with a forecast for the further course of business in 2020, despite the ongoing high level of uncertainty as to the further consequences of the corona pandemic. INDUS had withdrawn the […]
Bergisch Gladbach, 7 July 2020 – INDUS Holding AG recognizes non-cash impairment losses on goodwill in its consolidated financial statements for the first six months of 2020. The impairment losses in the amount of approx. EUR 31.6 million are the result of the poorer outlook of the entities affected by the write-downs, which became apparent […]
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 […]
