Semperit declares fiscal 2013 'best result in company's history'
ERJ staff report (TP)
Vienna, Austra – Semperit AG, which makes rubber and plastic products for the medical and industrial markets, recorded the best result in the company’s history, generating record revenue of €906.3m in 2013, up from €828.6m in 2012.
Key points in Annual Report (published 27 March):
Significant rise in EBITDA (+21.9 percent) and EBIT (+21.1 percent).
Growth and enhanced profitability in both sectors.
Dividend proposal of €0.90 per share (basic dividend, 2012: €0.80) plus €0.30 anniversary bonus.
Semperit CEO Thomas Fahnemann said: “In the Industrial Sector we also expanded faster than the market in Europe and the USA, opening up new regions and markets thanks to new products and our sales drive. Our production capacities are well utilised. For this reason, we will invest up to €60m in 2014 to expand our production facilities and secure long-term growth.”
Outlook 2014 and multi-year targets:
The Semperit Group expects the current good level of incoming orders to continue but no significant growth impetus is anticipated.
Semperit decided in 2013 to expand its capacities for hydraulic and industrial hoses in Odry, Czech Republic and conveyor belts at Belchatów in Poland. The additional production capacities will be available in the first half of 2015.
Semperit plans to invest about €50-60m in boosting production capacities. Thereof €25m will be invested in the maintenance of its existing facilities.
The Group reaffirms its previous growth target of generating double-digit revenue growth on average in the years from 2010 to 2015 inclusive. The Semperit Group still aims to achieve an EBITDA margin of between 12 and 15 percent and an EBIT margin of between 8 and 11 percent in the coming years.
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Press release from Semperit