In This Article:
Release Date: May 13, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
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Aumann AG (AUUMF) maintained a strong profitability with a double-digit margin of 10.9% in Q1 2025.
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The company reported a 5% increase in revenue for the immobility segment, reaching 51 million.
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Aumann AG (AUUMF) has a solid financial foundation with 133 million in net cash, allowing flexibility for market opportunities.
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The company completed a successful share buyback program, returning 20.4 million to shareholders.
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Aumann AG (AUUMF) is strategically expanding into growth industries beyond automotive, such as aerospace, clean tech, and life sciences.
Negative Points
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Overall revenue for Q1 2025 decreased by 6.2% year over year to 60.5 million.
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Order intake and backlog have decreased significantly, with a 32% decline in order intake year over year.
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The company anticipates a decline in revenue for 2025, with projections between 210 and 230 million.
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The market environment remains challenging, with a noticeable reluctance to invest in the automotive sector.
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The next automation segment experienced a 40% year-over-year revenue decrease due to the absence of large orders like those in the previous year.
Q & A Highlights
Q: What is the outlook for the Next Automation segment as a percentage of sales moving forward? A: CEO Sebastian Wall explained that the Next Automation segment, which accounted for roughly 16.5% of sales in Q1, is expected to grow significantly. The company is focusing on aviation and defense, with a sales pipeline that is increasing. They aim to achieve sales in the range of 40 to 150 million euros per quarter, depending on securing large projects, particularly in defense.
Q: How did Aumann AG perform financially in Q1 2025? A: CFO Jan Henrik Pulli reported that Aumann AG achieved a revenue of 60.5 million euros, slightly below the previous year, with a strong profitability margin of 10.9%. The order intake was 51.3 million euros, and the order backlog was 173 million euros. The company maintains a strong balance sheet with 133 million euros in net cash.
Q: What are the key growth areas for Aumann AG beyond the automotive industry? A: CEO Sebastian Wall highlighted that Aumann AG is expanding its focus to industries such as aerospace, clean tech, and life sciences. These sectors are experiencing growth due to factors like increased defense budgets, investments in renewables, and an aging population, which align with Aumann's strategic goals.