ElringKlinger AG (CHIX:ZIL2d)
€ 5.4925 0 (0%) Market Cap: 361.79 Mil Enterprise Value: 266.44 Mil PE Ratio: 8.56 PB Ratio: 0.46 GF Score: 69/100
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Full Year 2018 Elringklinger AG Earnings Call Transcript

Mar 27, 2019 / 01:30PM GMT
Release Date Price: €6.18 (+8.14%)
Stefan Wolf
ElringKlinger AG - Chairman of the Management Board & CEO

Yes, ladies and gentlemen, welcome to our Analyst conference today here in Frankfurt. We do it again here in this very nice building. Thank you to Commerzbank for hosting us as the years before. So we are happy to be here again and share with you some figures and also some facts from the previous year 2018, but also give you an outlook for 2019 and also some strategic remarks, how we are going to develop the company in the future.

Let me start with some headlines. Company grew again in 2018. The top line growth was at 2.1%, ended up at EUR 1,699,000,000. I already talked to Mr. Jessulat that maybe he could have done it a little bit better so that it would -- we would have come in at EUR 1.7 billion, but then that is going to happen next year. So organically, we were up 7.4%. I show you later the -- Mr. Jessulat is explaining later the difference between the top line growth and the organic growth of 7.4%.

The EBIT pre-PPA came in at EUR 100 million. That is, of course, lower than in the previous year in 2017.

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