PKC Group Ltd Financial Statement Release 25 May 2018 5.30 p.m.
PKC Group Financial Statement Release January 2017 - March 2018
January 2017 - March 2018 highlights
- PKC Group Ltd’s financial period has been changed from calendar year to 1.4.-31.3. As a consequence of the financial period change, the financial period which started at 1.1.2017 continued until 31.3.2018. Financial period was 15 months while the comparison period was 12 months.
- Revenue from continuing operations totalled EUR 1,281.9 million (EUR 845.7 million).
- Comparable EBITDA from continuing totalled EUR 94.2 million (EUR 64.4 million) and 7.4% (7.6%) of revenue.
- Net cash from operating activities was EUR -2.2 million (EUR 35.5 million) from continuing operations.
- MSSL Estonia WH OÜ has gained title to all shares in PKC Group Ltd and PKC Group Ltd’s shares were de-listed on 6 October 2017. PKC Group Notes continue to be listed on Nasdaq Helsinki Ltd until their maturity in September 2018.
- The company no longer publishes outlook or guidance.
Dividend proposal
- Dividend proposal is EUR 0.70 per share.
| Key figures1) (from continuing operations) | 1/17-3/18 (15 mon.) | 1-12/16 (12 mon.) |
| EUR 1,000 (unless otherwise noted) | ||
| Revenue | 1,281,946 | 845,672 |
| EBITDA2) | 94,224 | 64,357 |
| % of revenue | 7.4 | 7.6 |
| Items affecting comparability | -13,035 | -5,353 |
| Operating profit | 41,776 | 26,537 |
| % of revenue | 3.3 | 3.1 |
| Earnings per share (EPS), EUR | 1.04 | 0.43 |
| Revenue by geographical locations | ||
| Europe | 442,792 | 301,571 |
| North America | 597,480 | 458,942 |
| South America | 75,626 | 36,591 |
| APAC | 166,049 | 48,568 |
| Net cash from operating activities | -2,212 | 35,464 |
| Working capital | 140,542 | 89,880 |
| Net debt | 110,755 | 46,591 |
| Gearing, % | 66.7 | 30.2 |
| Equity ratio, % | 28.9 | 27.4 |
| Average headcount | 23,511 | 21,920 |
| 1) current period figures are for 15 months hence not comparable 2) before items affecting comparability | ||
PKC Group Ltd
Board of Directors
Pankaj Mital
President & CEO
For additional information, contact:
Pankaj Mital, CEO
Tel. +91 965 4592 965
Matti Yli-Olli, Vice President, Finance PKC Group
Tel. +358 40 070 8948
Attachment
PKC Financial Statement Release January 2017 – March 2018
Distribution
Nasdaq Helsinki
Main media
www.pkcgroup.com
PKC Group is a global partner, designing, manufacturing and integrating electrical distribution systems, electronics and related architecture components for the commercial vehicle industry, rolling stock manufacturers and other selected segments. The Group has production facilities in Brazil, China, Germany, Lithuania, Mexico, Poland, Russia, Serbia and the USA. The Group's revenue from continuing operations in 2017-2018 totalled EUR 1,282 million.
Attachment
