Aumann (AAG) AGM 2024 summary

Opening remarks and agenda

• AGM held on 18 June 2024 in Bielefeld, focusing on strategic direction and financial results.

Financial performance review

• 2023 revenue reached €289.6m, up 34.5% year-over-year, with EBITDA at €20.6m and a 7.1% margin.

• Order intake for 2023 was €339.4m (+14.9% YOY), and order backlog €303.2m (+18.2% YOY).

• E-mobility segment drove growth, accounting for ~80% of order intake and backlog, with revenue up 61.2% YOY.

• Q1 2024 revenue grew 15.8% YOY to €64.5m, with EBITDA margin improving to 10.5%.

• Liquidity at €143.8m end-2023, up 19.2% YOY; net cash position of €135m.

Dividend announcements

• Proposed dividend of €0.20 per share for 2023, supported by a solid equity ratio of 53.7%.