Bolzano fire service uses mobile siren from HÖRMANN Warnsysteme to enforce curfew

Bolzano fire service uses mobile siren from HÖRMANN Warnsysteme to enforce curfew

The city of Bolzano in the South Tyrol province of Italy is using a Mobela 150D mobile siren with a public address function from HÖRMANN Warnsysteme to help in the battle against the coronavirus pandemic

Successful launch for HÖRMANN Warnsysteme sirens in Brazil

Successful launch for HÖRMANN Warnsysteme sirens in Brazil

Brazil’s first siren warning system from HÖRMANN Warnsysteme is now in operation. This can be used to trigger warning sounds and recorded voice messages as well as to transmit announcements to sirens for broadcast.

Smart Funkwerk traffic management systems for motorways

Smart Funkwerk traffic management systems for motorways

Hessen Mobil, the administrative agency for road and traffic management in the German state of Hesse, is using smart traffic management systems to optimise how transport runs on local motorways.

Fully automated Funkwerk passenger information for railways in Luxembourg

Fully automated Funkwerk passenger information for railways in Luxembourg

As part of a modernisation programme, all railway stations in Luxembourg are to be fitted with the AURIS passenger information system and Funkwerk AG display systems by the end of 2021.

HÖRMANN Group publishes consolidated interim report for 2020

HÖRMANN Group publishes consolidated interim report for 2020

HÖRMANN Industries GmbH (corporate bond, German Securities Code Number (WKN): A2TSCH) today published its consolidated interim report for the first nine months of 2020. The HÖRMANN Group’s business development in the period under review was impacted by the coronavirus pandemic, especially in the Automotive and Services segments. Consolidated sales amounted to EUR 366.8 million after EUR 440.9 million in the same period of the previous year. EBITDA declined to EUR 18.3 million in the first nine months of 2020 (previous year: EUR 25.8 million), while operating EBIT amounted to EUR 8.3 million (previous year: EUR 17.4 million). A good third quarter that was almost in line with the previous year and the diversified nature of the Group structure served to cushion the impact of the coronavirus pandemic. As a result, the first three quarters of 2020 closed with consolidated net income of EUR 2.6 million (previous year: EUR 11.6 million).

HÖRMANN publishes financial results for the first nine months of 2019

HÖRMANN publishes financial results for the first nine months of 2019

HÖRMANN Industries GmbH (corporate bond, WKN: A2TSCH) announced its financial results for the first nine months of 2019. Accordingly, sales in the first three quarters of 2019 rose by 2.7% to EUR 440.9 million (9M 2018: EUR 429.3 million). Earnings before interest and taxes (EBIT) increased from EUR 11.0 million to EUR 17.4 million. At EUR 11.6 million, consolidated net income was also above the previous year's level (9M 2018: EUR 6.1 million).

HÖRMANN Industries GmbH: Euler Hermes confirms BB corporate rating with stable outlook

HÖRMANN Industries GmbH: Euler Hermes confirms BB corporate rating with stable outlook

In its current rating report, Euler Hermes Rating GmbH confirms its assessment of the creditworthiness and future viability of HÖRMANN Industries GmbH (corporate bond, WKN: A2TSCH) with a rating of "BB". A stable development is expected for the next twelve months. In its rating report, Euler Hermes Rating emphasises the sustainable growth potential in the profitable Communications and Engineering divisions as well as the secure medium-term financing basis combined with the group's good financial flexibility.

HÖRMANN Group repays bond early

HÖRMANN Group repays bond early

Following the successful placement of its new 2019/2024 bond, HÖRMANN Industries GmbH today prematurely terminated all outstanding portions of the 2016/2021 corporate bond issued in November 2016 (WKN A2AAZG / ISIN DE000A2AAZG8) with a total volume of EUR 30 million and a coupon of 4.50%.

HÖRMANN Industries publishes half-year financial statements for 2020

HÖRMANN Industries publishes half-year financial statements for 2020

HÖRMANN Industries GmbH (corporate bond, German Securities Code Number: A2TSCH) today published its consolidated interim report for the first half of 2020. Sales declined from EUR 299.0 million in the previous year to EUR 234.2 million in the first six months. Earnings before interest, taxes, depreciation and amortisation (EBITDA) fell to EUR 6.2 million in the reporting period (previous year: EUR 14.4 million) and operating EBIT amounted to EUR  0.4 million (previous year: EUR 8.7 million). The first half of 2020 closed with consolidated net income of EUR -4.5 million (previous year: EUR 4.2 million).

HÖRMANN Group publishes 2018 Annual Report

HÖRMANN Group publishes 2018 Annual Report

HÖRMANN Industries GmbH (corporate bond, German Securities Code Number (WKN): A2AAZG) today published its 2018 annual financial statements. In the 2018 financial year, sales increased from EUR 521.9 million (2017) to EUR 624.1 million, while EBITDA rose by around 53% year-on-year to EUR 41.8 million. Operating EBIT improved by 45% to EUR 30.5 million (previous year: EUR 21.1 million). This meant the sales and earnings forecasts that were upwardly revised in September 2018 were exceeded. HÖRMANN Industries closed the 2018 financial year with consolidated net income of EUR 14.6 million, up 60.4% on the previous year (EUR 9.1 million), with all four segments making a positive earnings contribution. The Group’s equity base improved from EUR 99.6 million at the end of the previous year to EUR 112.8 million on 31 December 2018 thanks to the positive results of operations. The equity ratio increased from 35.1% (31 December 2017) to 38.3% at the reporting date, while net cash and cash equivalents amounted to EUR 77.3 million. Total assets rose by EUR 11.3 million to EUR 294.7 million as a result of the higher level of current assets. Excluding trainees, the company had an average of 3,175 employees in the reporting period, up 12.4% compared with 2017.