BAVARIA Industries Group has successful first half of 2015

  • Group net income amounted to EUR 2.0 million
  • Serial Production / Automotive net profit increased to EUR 6.2 million
  • Holding company realized gains of EUR 7.2 million on sales of securities and dividends

Consolidated earnings amounted to EUR 2.0 million in the first half of the year. The holding company’s cash and cash equivalents including the long-term financial assets amounted to EUR 126.0 million as at 30 June 2015, thereof EUR 66.8 million invested in long-term financial assets. The Group’s total cash (without the long-term financial assets) was EUR 126.8 million and the debt was EUR 43.2 million. EUR 0.4 million was spent on share repurchases in the first half of the year. 

In the first half of 2015, net earnings in the Serial Production / Automotive segment were virtually unchanged to EUR 6.2 million. In Plant Engineering we generated a loss of EUR -3.3 million (previous year EUR -1.7 million) in the first half of the year. We usually see a seasonal improvement in earnings in the second half of the year. In Business Services the loss increased to EUR -11.7 million (previous year EUR -3.7 million) due to the inclusion of the seasonal calendar business. 

We would like to thank you for your continued trust. Please do not hesitate to contact us with any suggestions for improvements or with any promising leads for new transactions. 

For further questions please don’t hesitate to contact:

BAVARIA Industries Group AG
Reimar Scholz
Bavariaring 24
80336 Munich

Phone: + 49 - (0)89/ 72 98 967-0 
Fax: + 49 - (0)89/ 72 98 967-10
Email: info(at)