STUTTGART, Germany, May 15, 2014 /PRNewswire/ --
Financial year 2013 with good growth
- Revenues grow by approximately 7% to €2.3 billion
- Adjusted EBIT at €162.7 million
- Equity ratio climbs to 24.5%
- Number of employees grows to approximately 32,600
- Strategic acquisitions strengthen international presence
The global expert organisation DEKRA is benefiting from its consistent strategic focus on the megatrend of safety and the internationalisation of its business. In the 2013 financial year, revenues grew by 6.8% (7.3% when adjusted for currency effects) to €2.3 billion. Adjusted earnings before interest and taxes (EBIT) rose by 10.5% to €162.7 million. The adjusted EBIT margin was improved to 7%.
DEKRA aligned its accounting for the 2013 financial year more closely with the prevailing international financial standards (IFRS). Adjusting earnings figures for non-operating effects creates more transparency and comparability and shows operating earnings power more clearly. The international share in revenue increased further to more than a third (36.2%).
The growth was generated by all three business units, Automotive, Industrial and Personnel, and was achieved organically and through acquisitions in roughly equal parts. The number of employees grew considerably by approximately 4,300 to nearly 32,600. The current year began positively: in the first quarter of 2014, revenue grew by around 13.8% to nearly €590 million. For the year as a whole, DEKRA expects a successful continuation of the company's development. Thanks to the strong position in many markets and the rising demand for safety services, growth at the level of the previous year is expected in 2014.
"The consistent focus on our statutory safety mission and internationalisation are the formula for the success of our positive global development," DEKRA CEO Stefan Kölbl told journalists in Stuttgart on Thursday. Safety knows no boundaries. Therefore, the company transports its know-how all over the world: "We are thus continuously improving our global delivery capacity for our international clients," explained DEKRA boss Stefan Kölbl. Acquisitions play an important role in this. Of ten takeovers in 2013, the majority occurred abroad, including in Sweden, South Africa, Australia and New Zealand. As of 2013, DEKRA is therefore present on all five continents.
The growth is also manifested in the number of employees, which climbed 15% to nearly 32,600. "I am delighted that we again strengthened our equity ratio while growing persistently and continuously. This makes a decisive contribution to the security of jobs at DEKRA," said Roland Gerdon, DEKRA Management Board member for Finance, HR and IT.
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SOURCE Dekra SE