|By PR Newswire||
|February 13, 2014 02:31 AM EST||
DUSSELDORF, Germany, February 13, 2014 /PRNewswire/ --
- Revenues up 3.8%, at constant exchange rates up 5.8%, to EUR 1,265.9m
- Adjusted EBITDA gains 4.1% on prior year, totaling EUR 249.8m, EUR 254.0m at constant exchange rates
- Adjusted earnings per share rise by 17.6% to EUR 3.08
- Capital market guidance met in full
- Proposed dividend: EUR 0.70 per share (prior year: EUR 0.65 per share)
- Targeted investment the key to success
The full press release including tables is available at:
Gerresheimer AG, one of the leading partners to the pharma and healthcare industry worldwide, brought financial year 2013 to a successful close. "2013 was a rewarding year for us.We met all the targets we set ourselves. At the beginning of financial year 2014, we sharpened our organization's customer focus. We are investing in highly promising growth projects, further improvements in quality and the internationalization of our business. These are important steps in setting the course for our future," said Uwe Röhrhoff, Chief Executive Officer of Gerresheimer AG.
Gerresheimer increased revenues in financial year 2013 (December 1, 2012 to November 30, 2013) by 3.8% to EUR 1,265.9m. At constant exchange rates, this corresponds to growth of 5.8%. Business with the pharma industry once more showed strong growth and broad cyclical resilience. Revenue gains were likewise generated with cosmetics packaging. Sales volumes were solely down in the area of laboratory glassware due to weak market demand in North America. Gerresheimer generates some 83% of revenues with products for the pharma and healthcare industry.
The Company increased adjusted EBITDA by 4.1% in financial year 2013 to EUR 249.8m. At constant exchange rates and including EUR 7.5m in other operating income, this corresponds to EBITDA of EUR 254.0m. The adjusted EBITDA margin came to 19.7%, as in the prior year. Net income went up by 0.3% to EUR 68.5m. Adjusted net income climbed 17.2% to EUR 103.5m. Earnings per share stayed at EUR 1.98. Adjusted earnings per share amounted to EUR 3.08, an increase of 17.6%.
Gerresheimer's capital expenditure in financial year 2013 was EUR 119.1m (2012: EUR 118.9m). The Company is notably further expanding production capacity for drug delivery systems such as prefillable glass syringes, insulin pens and asthma inhalers. A second focus is on growth in emerging markets. In December 2012, Gerresheimer took over Triveni in India, a leading maker of plastic pharmaceutical packaging products. The third focus of capital expenditure is on further improving product and production process quality.
The Company currently anticipates revenue growth of 4% to 6% at constant exchange rates for financial year 2014. Adjusted EBITDA at constant exchange rates is expected to be between EUR 250m and EUR 265m. Capital expenditure in financial year 2014 will be on a par with the past financial year, meaning around 9% to 10% of revenues.
"Our ongoing high level of investment in capacity expansion, new products, continuous quality improvement and production locations in emerging markets is the key to our success. 2014 is going to be a highly promising and interesting year for us in which we are aiming at further organic growth. Customer demand for our reliable, high-quality pharmaceutical packaging products and drug delivery systems continues to grow. We will once again make selective additions in 2014 in the USA, India, China and Europe, and we have already launched projects to that end," said Uwe Röhrhoff.
At the Annual General Meeting on April 30, 2014, the Management Board and Supervisory Board of Gerresheimer AG will be proposing that a dividend of EUR 0.70 per share be paid out for financial year 2013 (prior year: EUR 0.65 per share). This represents a payout ratio of almost 23% of adjusted net income after non-controlling interests.
You find the annual report 2013 here:
Benrather Strasse 18 - 20
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
May. 6, 2015 01:45 AM EDT Reads: 4,474
“The year of the cloud – we have no idea when it's really happening but we think it's happening now. For those technology providers like Zentera that are helping enterprises move to the cloud - it's been fun to watch," noted Mike Loftus, VP Product Management and Marketing at Zentera Systems, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
May. 6, 2015 01:30 AM EDT Reads: 3,526
“We help people build clusters, in the classical sense of the cluster. We help people put a full stack on top of every single one of those machines. We do the full bare metal install," explained Greg Bruno, Vice President of Engineering and co-founder of StackIQ, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
May. 6, 2015 01:15 AM EDT Reads: 3,740
SYS-CON Events announced today that Gridstore™, the leader in hyper-converged infrastructure purpose-built to optimize Microsoft workloads, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Gridstore™ is the leader in hyper-converged infrastructure purpose-built for Microsoft workloads and designed to accelerate applications in virtualized environments. Gridstore’s hyper-converged infrastructure is the ...
May. 6, 2015 01:15 AM EDT Reads: 5,332
SYS-CON Events announced today that AIC, a leading provider of OEM/ODM server and storage solutions, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. AIC is a leading provider of both standard OTS, off-the-shelf, and OEM/ODM server and storage solutions. With expert in-house design capabilities, validation, manufacturing and production, AIC's broad selection of products are highly flexible and are conf...
May. 6, 2015 01:15 AM EDT Reads: 5,890
“We are a managed services company. We have taken the key aspects of the cloud and the purposed data center and merged the two together and launched the Purposed Cloud about 18–24 months ago," explained Chetan Patwardhan, CEO of Stratogent, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
May. 6, 2015 01:00 AM EDT Reads: 3,133
of cloud, colocation, managed services and disaster recovery solutions, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. TierPoint, LLC, is a leading national provider of information technology and data center services, including cloud, colocation, disaster recovery and managed IT services, with corporate headquarters in St. Louis, MO. TierPoint was formed through the strategic combination of some of t...
May. 6, 2015 01:00 AM EDT Reads: 2,256
SYS-CON Events announced today Sematext Group, Inc., a Brooklyn-based Performance Monitoring and Log Management solution provider, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Sematext is a globally distributed organization that builds innovative Cloud and On Premises solutions for performance monitoring, alerting and anomaly detection (SPM), log management and analytics (Logsene), search analytics (S...
May. 6, 2015 12:45 AM EDT Reads: 4,267
SYS-CON Events announced today that Stratoscale, the new data center operating system, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Based in Herzeliya, Israel, Stratoscale is redefining the data center, developing a hardware-agnostic, software platform hyper-converging compute, storage and networking across the rack or data center. The self-optimizing platform automatically distributes all physical...
May. 6, 2015 12:30 AM EDT Reads: 2,100
ScriptRock has been included in the list of "Cool Vendors" in the "Cool Vendors in DevOps 2015" report by Gartner, Inc.* ScriptRock provides visibility into the configuration state of an organization's IT environments, enabling the continuous delivery of mission critical services. For enterprises where downtime is not an option, ScriptRock's system-wide overwatch offers the assurance that misconfigurations and anomalies are caught before they affect the business. By satisfying this fundamental ...
May. 6, 2015 12:30 AM EDT Reads: 823
"Blue Box has been around for 10-11 years, and last year we launched Blue Box Cloud. We like the term 'Private Cloud as a Service' because we think that embodies what we are launching as a product - it's a managed hosted private cloud," explained Giles Frith, Vice President of Customer Operations at Blue Box, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
May. 6, 2015 12:30 AM EDT Reads: 3,760
DevOps is a seismic change for organizations that offers great potential but comes with technical and cultural implications that can be difficult to navigate. In his session at DevOps Summit, Jeremy Steinert, DevOps Services Practice Lead at WSM International, will discuss best practices for successful DevOps deployments that create accountability, ensure secure access controls and create buy-in at all levels. He will include specific examples of successful DevOps deployments and the results a...
May. 6, 2015 12:30 AM EDT Reads: 1,672
Puppet Labs on Wednesday released the DevOps Salary Report, based on salary data gathered from Puppet Labs' industry-recognized State of DevOps Report. The data confirms that market demand for DevOps skills is growing, and that DevOps engineers are among the highest paid IT practitioners today. That's because IT organizations today are grappling with how to be more agile and responsive to the business, while maintaining the stability of their infrastructure. DevOps practices, such as continuous ...
May. 6, 2015 12:15 AM EDT Reads: 2,367
SYS-CON Media announced today that Blue Box as launched a popular blog feed on Cloud Computing Journal. Cloud Computing Journal aims to help open the eyes of Enterprise IT professionals to the economics and strategies that utility/cloud computing provides. Blue Box Cloud gives you unequaled agility, without the burden of designing, deploying and managing your own infrastructure. It’s the right choice when public cloud just won’t do. Blue Box Cloud is a managed Private Cloud as a Service (...
May. 6, 2015 12:00 AM EDT Reads: 1,994
In a world of ever-accelerating business cycles and fast-changing client expectations, the cloud increasingly serves as a growth engine and a path to new business models. Dynamic clouds enable businesses to continuously reinvent themselves, adapting their business processes, their service and software delivery and their operations to achieve speed-to-market and quick response to customer feedback. As the cloud evolves, the industry has multiple competing cloud technologies, offering on-premises ...
May. 6, 2015 12:00 AM EDT Reads: 3,164