Investor Relations

Announcements

Here you find an overview of our latest corporate news.

Ad-Hoc-Release

ElringKlinger AG: ElringKlinger dividend to rise by 10%

ElringKlinger AG  / Key word(s): Dividend25.03.2015 14:41Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------Dettingen/Erms, March 25, 2015  +++  MDAX-listed ElringKlinger AG plans toincrease by 10% year on year its dividend payable to shareholders inrespect of the 2014 financial year.In keeping with its consistent, performance-focused dividend policy,ElringKlinger AG will thus allow shareholders to participate appropriatelyin the company's success and raise its regular dividend for the sixth timein succession.Given the company's record performance in 2014, the Management Board andSupervisory Board of ElringKlinger AG will submit a proposal to the 2015Annual General Meeting for the dividend to be increased to EUR 0.55 (0.50)per share in respect of the 2014 financial year.The number of shares entitled to a dividend for the 2014 financial yearremains unchanged year on year at 63,359,990. On this basis, the totaldividend payout for the 2014 financial year will rise to EUR 34.8 million,compared with EUR 31.7 million for the 2013 financial year.The Annual General Meeting of ElringKlinger AG will convene on May 13,2015, at the Liederhalle Culture and Congress Center in Stuttgart. Theapproved dividend is to be paid out on Thursday, May 14, 2015.Contact:For further information, please contact:ElringKlinger AG - Investor Relations/Corporate PRStephan HaasMax-Eyth-Straße 272581 Dettingen/ErmsTel.: +49 (0)7123-724-137E-Mail: stephan.haas@elringklinger.com 25.03.2015 The DGAP Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de--------------------------------------------------------------------------- Language:     EnglishCompany:      ElringKlinger AG              Max-Eyth-Straße 2              72581 Dettingen/Erms              GermanyPhone:        071 23 / 724-0Fax:          071 23 / 724-9006E-mail:       stephan.haas@elringklinger.deInternet:     www.elringklinger.deISIN:         DE0007856023WKN:          785602Indices:      MDAXListed:       Regulated Market in Frankfurt (Prime Standard), Stuttgart;              Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg,              Hanover, Munich End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------
Learn more

ElringKlinger AG: Announcement according to Articles 37v, 37w, 37x et seqq. of the WpHG [the German Securities Act] with the objective of Europe-wide distribution

ElringKlinger AG  / Preliminary announcement on the disclosure of financial statements10.03.2015 13:53Announcement according to articles 37v, 37w, 37x ff. WpHG, transmitted byDGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------ElringKlinger AG hereby announces that the following financial reportsshall be disclosed :Report: Annual financial reportDate of disclosure / German: March 31, 2015Date of disclosure / English: March 31, 2015German: www.elringklinger.de/investor/2014-gbag-de.pdfEnglish: www.elringklinger.de/investor/2014-gbag-en.pdf  Report: Annual financial report of the groupDate of disclosure / German: March 31, 2015Date of disclosure / English: March 31, 2015German: www.elringklinger.de/investor/2014-gb-de.pdfEnglish: www.elringklinger.de/investor/2014-gb-en.pdf  Report: Financial report of the group (half-year/Q2)Date of disclosure / German: August 05, 2015Date of disclosure / English: August 05, 2015German: www.elringklinger.de/investor/2015-Q2-de.pdfEnglish: www.elringklinger.de/investor/2015-Q2-en.pdf  Report: Quarterly financial report of the group within the 1st half-year(Q1)Date of disclosure / German: May 06, 2015Date of disclosure / English: May 06, 2015German: www.elringklinger.de/investor/2015-Q1-de.pdfEnglish: www.elringklinger.de/investor/2015-Q1-en.pdf  Report: Quarterly financial report of the group within the 2nd half-year(Q3)Date of disclosure / German: November 09, 2015Date of disclosure / English: November 09, 2015German: www.elringklinger.de/investor/2015-Q3-de.pdfEnglish: www.elringklinger.de/investor/2015-Q3-en.pdf  10.03.2015 The DGAP Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de--------------------------------------------------------------------------- Language:     EnglishCompany:      ElringKlinger AG              Max-Eyth-Straße 2              72581 Dettingen/Erms              GermanyInternet:     www.elringklinger.de End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------
Learn more
Ad-Hoc-Release

ElringKlinger AG: Preliminary annual result for 2014: ElringKlinger records organic revenue growth of 11.2%

ElringKlinger AG  / Key word(s): Preliminary Results02.03.2015 07:39Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.----------------------------------------------------------------------------   Revenue increases by 15.3% - organically by 11.2% - to EUR 1,325.8    million-   Adjusted EBIT before purchase price allocation (EUR 3.4 million) at    EUR 162.3 million-   Outlook for 2015: organic revenue growth of 5 to 7% plus acquisitions;    EBIT before purchase price allocation projected at between     EUR 170 and 180 millionDettingen/ Erms (Germany), March 2, 2015   +++  Based on preliminary data,the ElringKlinger Group recorded sales revenue of EUR 1,325.8 (1,150.1)million in the 2014 financial year. Organically, i.e. eliminating theeffects of foreign currency translation and changes in the scope ofconsolidation, sales revenue increased by 11.2%, despite the malaiseafflicting vehicle markets in both Brazil and Russia. ElringKlingerbenefited from strong structural growth in many of its product groups aimedat CO2 reduction and expanded at a percentage rate that was well in excessof growth in terms of global vehicle production. The full consolidation ofElringKlinger Marusan Corporation contributed EUR 23.1 million to Grouprevenue in 2014.*It should be noted that ElringKlinger had generated a one-time gain of EUR17.6 million in 2013 following the assumption of control of the 50:50 jointventure ElringKlinger Marusan Corporation effective from December 31, 2013.The operating result rose to EUR 154.0 million in 2014. Adjusted for theone-time gain of EUR 17.6 million from the assumption of control ofMarusan, the comparative prior-year figure was EUR 146.6 million (includingone-time gain: EUR 164.2 million).Group EBIT, adjusted for non-recurring items and before purchase priceallocation, stood at EUR 162.3 (149.8) million, up 8.3% on the previousyear; this corresponds to a margin of 12.2%. Due to current demandpatterns, the new E-Mobility division fell well short of the originaltarget and recorded a loss of EUR 8.1 (loss of 7.3) million. In total,one-off exceptional charges of EUR 4.9 million had a dampening effect: aspart of the plant relocation to the newly constructed site in Gumi, thesubsidiary ElringKlinger Korea Co., Ltd. had to carry out inventorycorrections and adjustments of EUR 2.0 million. A warranty incidentattributable to the parent company, ElringKlinger AG, and dating back to2008 was definitively settled in the reporting period and there are nolonger any risks associated with this matter. In this context, a sum of EUR1.5 million in receivables had to be derecognized, which was accounted forin profit/loss. At the same time, ElringKlinger received cash of EUR 8.5million as a result of the insurance payment. As part of the amendments toManagement Board contracts of service, a one-time amount of EUR 1.4 millionhad to be allocated to provisions in respect of long-term variableincentive components of compensation (LTI II) that are attributable ineconomic terms to the two previous years.Compared to the prior-year figure, adjusted for the one-time gain from theassumption of control of Marusan, earnings before taxes rose by 16.6% toEUR 153.1 million (EUR 131.3 million, including one-time gain: EUR 148.9million). This was driven largely - primarily as a result of foreignexchange gains - by lower net finance costs of EUR 0.9 (15.3) million.Order backlog 15.6% up on previous yearElringKlinger saw its order intake expand by 10.5%, or 8.3% organically, in2014. In absolute terms, order intake rose to EUR 1,418.6 (1,284.4)million, which was well in excess of sales revenue. As of December 31,2014, order backlog exceeded the previous year's figure by 15.6%, taking itto EUR 688.2 (595.4) million.Further revenue and earnings growth planned for 2015ElringKlinger anticipates that global car production will expand by around2% in 2015 as a whole. Based on this assumption, the Group is targetingorganic revenue growth of 5 to 7%. Additionally, the consolidation ofrecently acquired M&W Manufacturing Inc., USA (in future "ElringKlingerAutomotive Manufacturing Inc.") will contribute around EUR 30 million toGroup revenue in the financial year as a whole.Due to the greater relevance of acquired entities, adjusted EBIT will infuture be presented before the effects of purchase price allocation.Adjusted for non-recurring items, EBIT before purchase price allocation isexpected to be between EUR 170 and 180 million in 2015. Due to currentdemand patterns, from today's perspective, the E-Mobility division is notlikely to see a fundamental improvement in its earnings performance in2015.________________________________________________________________________With regard to the publication of preliminaries for fiscal 2014 aconference call will be held today, March 2, 2015, at 10:00 CET. The fullannouncement of the definitive, audited results for fiscal 2014 isscheduled for March 31, 2015.*Due to the necessary retrospective application of IFRS 11 as regards thepresentation of comparative prior-year figures (2013), the joint ventureElringKlinger Marusan Corporation was no longer accounted for on aproportionate basis but rather in accordance with the equity method. As aresult, the Group revenue figure originally presented for 2013 wasretrospectively reduced to EUR 1,150.1 million, the difference beingattributable to the entity's revenue contribution (EUR 25.1 million)formerly included at a proportionate rate of 50%. Thus, EBIT presented herewas EUR 0.7 million lower retrospectively, while earnings before taxes wereEUR 0.3 million lower retrospectively. In the fourth quarter of 2013, Grouprevenue was thus reduced retrospectively by EUR 5.7 million to EUR 285.4million.For further information, please contact:ElringKlinger AG - Investor Relations/Corporate PRStephan HaasMax-Eyth-Straße 272581 Dettingen/ErmsTel.: +49 (0)7123-724-137E-Mail: stephan.haas@elringklinger.com 02.03.2015 The DGAP Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de--------------------------------------------------------------------------- Language:     EnglishCompany:      ElringKlinger AG              Max-Eyth-Straße 2              72581 Dettingen/Erms              GermanyPhone:        071 23 / 724-0Fax:          071 23 / 724-9006E-mail:       stephan.haas@elringklinger.deInternet:     www.elringklinger.deISIN:         DE0007856023WKN:          785602Indices:      MDAXListed:       Regulated Market in Frankfurt (Prime Standard), Stuttgart;              Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg,              Hanover, Munich End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------
Learn more
Ad-Hoc-Release

ElringKlinger Group acquires US transmission component specialist M&W Manufacturing

ElringKlinger AG  / Key word(s): Acquisition13.02.2015 07:54Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------Dettingen/Erms (Germany), Warren, Michigan (USA), February 13, 2015 +++ElringKlinger has acquired US automotive supplier M&W Manufacturing Co.,Michigan, thereby significantly expanding its market position as a supplierof spacer plates for automatic transmissions - in North America andworldwide.ElringKlinger AG has acquired all interests in the US company M&WManufacturing Co. from the former owner family of the business. Theagreement was closed on the evening prior to this announcement.  M&W is tobe included in the scope of consolidation of the ElringKlinger Groupretrospectively as of February 1, 2015. The entity's sales and earningsthus will contribute to ElringKlinger Group sales and earnings for fiscal2015 for a period spanning 11 months.The acquisition of M&W is seen as an important milestone in the expansionof ElringKlinger's Specialty Gaskets division, which generated sales ofapprox. EUR 200 million in 2014. The division primarily develops andproduces turbocharger gaskets, high temperature gaskets and components forexhaust gas recirculation (EGR) and exhaust systems as well as controlplates for automatic and dual-clutch transmissions.The latest acquisition will allow the division to underpin its regionalpresence in North America and its production activities in the US market.Together with US market leader M&W, ElringKlinger has advanced to becomethe premier supplier of transmission spacer plates. In addition tosupplying the North American market, M&W has started to increasingly servethe Chinese market from its US production site.ElringKlinger will thus be pursuing opportunities in an additional field ofstructural growth. The market has seen significant growth in the proportionof high-performance automatic and dual-clutch transmissions, prompting moreexpansive demand in the coming years for key components such as controlplates for transmission systems. As regards production and processtechnology, M&W's manufacturing activities in the field of transmissionspacer plates complement ElringKlinger's screen printing and metal beadbased technology. These technologies can be rolled out rapidly atproduction facilities operated by the ElringKlinger Group around the globe.M&W employs around 100 people at its two company sites at Warren andRoseville, Michigan. The target for fiscal 2015 is to generate salesrevenue totalling between EUR 33 and 34 million, with a projected operatingmargin (adjusted EBIT before purchase price allocation) in highsingle-digit figures. The purchase price is approx. 0.8-times the amount ofsales revenues budgeted for 2015 and includes the assumption of financialliabilities totalling EUR 4.5 million. The parties to the contract haveagreed not to disclose further details relating to the transaction.ElringKlinger will implement further improvements with regard to costs andearnings through further automation and mutual support in the field ofdevelopment as well as production methods.The announcement of the acquisition of M&W will be accompanied by a briefconference call today, February 13, 2015  at 11:00 a.m. CET.For further information please contact:ElringKlinger AGCorporate PR / Investor RelationsStephan HaasMax-Eyth-Straße 272581 DettingenFon: +49 (0)7123-724-631; +49 (0)170-9246264; Fax: +49 (0)7123-724-641E-Mail: stephan.haas@elringklinger.de13.02.2015 The DGAP Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de--------------------------------------------------------------------------- Language:     EnglishCompany:      ElringKlinger AG              Max-Eyth-Straße 2              72581 Dettingen/Erms              GermanyPhone:        071 23 / 724-0Fax:          071 23 / 724-9006E-mail:       stephan.haas@elringklinger.deInternet:     www.elringklinger.deISIN:         DE0007856023WKN:          785602Indices:      MDAXListed:       Regulated Market in Frankfurt (Prime Standard), Stuttgart;              Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg,              Hanover, Munich End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------
Learn more
Notifications of voting rights

Correction of a release from 07.01.2015, 15:20 CET - ElringKlinger AG: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

ElringKlinger AG 13.01.2015 14:10Dissemination of a Voting Rights Announcement, transmitted byDGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------On December 30, 2014, MIPL Group Limited , London, United Kingdom hasinformed us according to Article 21, Section 1 of the WpHG that via sharesits Voting Rights on ElringKlinger AG, Dettingen/Erms, Germany, haveexceeded the 3% threshold of the Voting Rights on December 29, 2014 and onthat day amounted to 3.01% (this corresponds to 1909203 Voting Rights).3.01% of Voting Rights (this corresponds to 1909203 Voting Rights) areattributed to the company in accordance with Article 22, Section 1,Sentence 1, No. 6 in connection with sentence 2 of the WpHG (GermanSecurities Trading Act). 13.01.2015 The DGAP Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de--------------------------------------------------------------------------- Language:     EnglishCompany:      ElringKlinger AG              Max-Eyth-Straße 2              72581 Dettingen/Erms              GermanyInternet:     www.elringklinger.de End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------
Learn more
Shares
Financial Calendar
Publications & Presentations
Annual General Meeting
IR-Newsletter
Contact

Shares

Learn more

Financial Calendar

Learn more

Publications & Presentations

Learn more

Annual General Meeting

The 118th Annual General Meeting of ElringKlinger AG took place on May 16, 2023 as a virtual Annual General Meeting at the ICS International Congress Center Stuttgart, Messepiazza, 70629 Stuttgart, Germany.

Learn more

IR-Newsletter

Learn more

Contact

Here you can find our contact persons.

Learn more

Shares
Financial Calendar
Publications & Presentations
Annual General Meeting
IR-Newsletter
Contact