NEXUS AG: Strong Sales and Operating Result Increase in the third Quarter 2018
In the first nine months 2018, sales increased from KEUR 86,282 (9M-2017) to KEUR 95,943. The Group result before interest and taxes (EBIT) in the amount of KEUR 9,836 improved compared to the same period last year by 12.1 % (9M-2017: KEUR 8,772). EBITA increased by 16.9 % from KEUR 10,699 (9M-2017) to KEUR 12,507. The consolidated surplus amounted to KEUR 7,934 (9M-2017: KEUR 7,425) and consequently increased by 6.9 %.
The operating cash flow reached a value of KEUR 20,215, compared to the strong previous year‘s period (9M-2017: KEUR 19,856). NEXUS AG had cash funds incl. short-term financial assets amounting to KEUR 25,398 as of 30 September 2018 (30 September 2017: KEUR 27,516). Dividends in the amount of KEUR 2,519 (2017: KEUR 2,358) were paid to our stockholders in 2018. The result per share was EUR 0.50 in the first nine months of 2018 (previous year: EUR 0.46).
NEXUS AG has equity capital amounting to KEUR 108,502 (31 December 2017: KEUR 103,009). This demonstrates that NEXUS AG has a sustainable and healthy balance sheet as well as sufficient capital for further financing of its European growth strategy.