Frauenthal Group: Solid first-half results 

Vienna, 29.08.2017

  • Positive trading environment in both divisions
  • Revenue gain of 19% to EUR 428.9m
  • EBITDA up EUR 3.1m year on year to EUR 14.9m
  • Outlook for 2017: earnings expected to exceed previous year

 “We are very satisfied with developments in the first half of 2017: trade was boosted by positive developments on the European vehicle market and strong sales volumes in the wholesale segment, while new business at Frauenthal Automotive and synergies at Frauenthal Handel bolstered earnings,” explained Frauenthal Holding AG Executive Board Member Martin Sailer. Consolidated revenue at the Frauenthal Group advanced by 19% to EUR 428.9m (H1 2016: EUR 360.6m1). The Frauenthal Trade Division accounted for around 68.5% of total revenue, and Frauenthal Automotive for about 31.5%. The increase in revenue includes EUR 30.7m generated by Frauenthal Powertrain between April and June 2017. Acquired on 1 April 2017, the new business has two plants in Germany. The Group’s EBITDA increased to EUR 14.9m in the first half of 2017, up from EUR 11.8m a year earlier. EBIT rose by EUR 1.6m year on year, to EUR 5.8m.

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