Adler Pelzer Holding GmbH has approved its audited consolidated financial statements for the years ended December 31, 2018, 2017 and 2016. It should be noted that starting from the year ended December 31, 2018, the consolidated financial statements are prepared in accordance with the International Financial Reporting Standards, as adopted by the European Union.
Below are the key financial highlights based on our financial statements
- Revenues rose to €1.47 billion for the period ended 31st December 2018 compared to €1.40 billion for the same period for 2017
- EBITDA increased to €130.5 million for the period ended 31st December 2018 compared to €127.3 million for the same period in 2017
- EBITDA Margin of 8.9% was achieved for the period ended 31st December 2018 compared to 9.1% for the same period in 2017
The above represents our continued progress in profitability and earnings and confirms our consistent strategic focus on profitable growth.
Financial Statements are available via our website www.adlerpelzer.com and clicking on the section ‘Investor’
Adler Pelzer Holding GmbH
Investor relations: Wayne Robinson
ABOUT ADLER PELZER GROUP
Adler Pelzer Group is a worldwide leader in design, engineering and manufacturing of acoustic and thermal components & systems for the automotive sector. With key value-added activities in-house, we deliver components optimizing acoustic performance and increasing thermal efficiency of vehicles. We engineer products to each specific vehicle need of our customers. Headquartered in Hagen, Germany, we have built a network of manufacturing plants, research and design facilities close to the main automotive hubs in the major geographic regions, in more than 70 locations with over 11,000 employees worldwide and sales of 1.47bn€ in 2018.
www.adlerpelzer.com – Envisioning the future
This press release constitutes a public disclosure of inside information by Pietro Lardini, Chief Executive Officer, on behalf of Adler Pelzer Holding GmbH, under Regulation (EU) 596/2014 of 16 April 2014.