• /SiteCollectionImages/Flaggen/be.png
  • /SiteCollectionImages/Flaggen/dk.png
  • /SiteCollectionImages/Flaggen/de.png
  • /SiteCollectionImages/Flaggen/fi.png
  • /SiteCollectionImages/Flaggen/fr.png
  • /SiteCollectionImages/Flaggen/it.png
  • /SiteCollectionImages/Flaggen/nl.png
  • /SiteCollectionImages/Flaggen/no.png
  • /SiteCollectionImages/Flaggen/at.png
  • /SiteCollectionImages/Flaggen/pl.png
  • /SiteCollectionImages/Flaggen/ru.png
  • /SiteCollectionImages/Flaggen/se.png
  • /SiteCollectionImages/Flaggen/ch.png
  • /SiteCollectionImages/Flaggen/es.png
  • /SiteCollectionImages/Flaggen/cz.png
  • /SiteCollectionImages/Flaggen/ua.png
  • /SiteCollectionImages/Flaggen/hu.png
  • /SiteCollectionImages/Flaggen/uk.png

BWT achieves growth in revenues and income in first half of 2015

20.8.2015 8:00   Mondsee

Revenues: €265.7 million after €255.4 million
EBIT: €15.2 million after €13.4 million
Earnings before minority interests: €9.5 million after €8.0 million

 

In the first half of 2015, BWT – Best Water Technology –
Group increased its consolidated revenues by 4.0% year on year from €255.4 million to €265.7 million, with 2.0 percentage points coming from foreign exchange rate changes (particularly EUR/CHF).

 

EBIT amounted to €15.2 million (previous year: €13.4 million) and consolidated net earnings after minority interests totalled €9.5 million (previous year: €8.0 million). Expenditure on investments in fixed assets decreased from €16.8 million to €6.0 million. The main reason for this decrease was the completion of investment programmes at the Mondsee location and in Bietigheim-Bissingen in 2014. A total of €11.0 million was spent on company acquisitions (previous year: €1.1 million). This rise resulted primarily from BWT’s acquisition of an interest in the Russian Mettem Technologies Group.

 

As at the end of June, BWT Group’s net debt went up from €14.9 million to €18.2 million compared with 31 December 2014. As at the balance sheet date, gearing stood at 9.9% and the equity ratio at 42.4%. As at the end of June 2015, the BWT Group employed a total of 2,641 people (previous year: 2,576).

 

Outlook

 

The implementation of the framework agreement signed in January 2015, which
concerns the acquisition by the BWT Group of a majority interest in the Mettem Technologies Group, Russia, with operations in the Point of Use consumer business, also shaped the second quarter. Its first-time consolidation is planned for the end of the year, after antitrust approval has been obtained.

 

The development of the “BWT” brand with the brand message “BWT – For You and Planet Blue” as the leading water brand largely determines all marketing activities. Investments in property, plant and equipment are set to return to a normal level with major investments having been completed last year.

 

For the current 2015 financial year, the Management Board anticipates a slight rise in revenues and consolidated net earnings at the same level as the previous year.

 

The half-year financial report as at 30 June 2015 is available on our homepage at "Quarterly reports"

 

Download