In millions of euros |
|
Q1 2013/14 |
|
Q1 2014/15 |
|
Change |
|
|
04/01–06/30/2013 |
|
04/01–06/30/2014 |
|
in % |
|
|
|
|
|
|
|
Revenue |
|
597.9 |
|
601.9 |
|
0.7 |
EBITDA |
|
68.5 |
|
68.9 |
|
0.6 |
EBITDA margin |
|
11.5% |
|
11.5% |
|
|
EBIT |
|
46.1 |
|
44.8 |
|
–2.8 |
EBIT margin |
|
7.7% |
|
7.4% |
|
|
Employees (full-time equivalent) |
|
11,117 |
|
11,423 |
|
2.7 |
|
|
|
|
|
|
|
|
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Comparing the figures in the same quarter of the previous year, in the first quarter of 2014/15, the performance of the Metal Forming Division was stable. Despite earnings that declined due to lower pre-material costs, revenue in the first quarter of 2014/15 improved by 0.7%, going from EUR 597.9 million in the first quarter of 2013/14 to EUR 601.9 million in the quarter under review. At EUR 68.9 million, the operating result (EBITDA) remained constant compared to the previous year (EUR 68.5 million). Thus, the EBITDA margin in the first quarter of 2014/15 also remained precisely the same as in the first quarter of 2013/14, at 11.5%. While earnings in the Tubes & Sections business segment were slightly below the previous year’s figure, the Automotive Body Parts business segment saw an increase. In a year-to-year comparison, profit from operations (EBIT) fell by 2.8% from EUR 46.1 million to EUR 44.8 million, resulting in an EBIT margin of 7.4% (previous year: 7.7%).
As of the reporting date of June 30, 2014, the number of employees (FTE) was at 11,423, which is a gain of 2.7% compared to the same reporting date in the business year 2013/14 (11,117 employees). This rise in the number of staff was due primarily to the build-up of capacity as part of the internationalization strategy.