Alno AG

ALNO AG is a Germany-based manufacturer of kitchens and kitchen furniture. The Company manufactures a range of kitchens under the ALNO, WELLMANN, PINO, PIATTI and ALNOINOX brands. Its business area encompasses development, production and sale of kitchen furniture, as well as selling electrical appliances and accessories.

Executive
Max Mueller
Full List of Officers

Christian Becker
Chairman of the Supervisory Board
Start date: 2016-11-23

Christian Brenner
Chairman of the Management Board, Chief Executive Officer
Start date: 2017-1-15

Waltraud Klaiber
Vice Chairman of the Supervisory Board, Employee Representative
Start date: 2015-6-2

Andreas Sandmann
Chief Sales Officer, Member of the Management Board
Start date: 2016-5-11

Alexander Gerstung
Member of the Supervisory Board

Dagmar Heine
Member of the Supervisory Board, Employee Representative

Almir Jazvin
Member of the Supervisory Board

Hubertus Krossa
Member of the Supervisory Board

Detlef Niefindt
Member of the Supervisory Board

Date of incorporation
Country of incorporation DEU
Phone +49 7552 210
Fax +49 7552 213789
Investor relations contact

+49 7461 90065653

Free float 37212598
Security description Common Stock
Main venue Frankfurt Stock Exchange
Ticker at main venue ANO
Location

Heiligenberger Str. 47
88630 PFULLENDORF

Share price
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Earnings per share
=
0.04
(
 
Share price
x
 
Shares
+
 
Net debt
) /
 
EBIT
=
INF
Price
x
 
Shares
/
 
Net Sales
=
0
(
 
Share price
x
 
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+
 
Net debt
) /
 
Net sales
=
0.03
Price
x
 
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Own capital
=
0
Earnings per share
x
 
Shares
/
 
Own capital
=
0.08%
Dividend per share
/
 
Price
=
-22.12%
2015 2014 2013 2012 2011
Income statement
Revenue 521.51 545.77 395.06 446.26 452.81
Other Revenue, Total 6.27
Total Revenue 521.51 545.77 395.06 446.26 459.08
Revenue Change -4.4% 38.2% -11.5% -2.8% -3.2%
Cost of Revenue, Total 295.07 315.65 219.43 257.55 285.52
Gross Profit 226.43 230.13 175.63 188.71 167.29
Selling/General/Admin. Expenses, Total 248.46 257.99 175.80 179.41 192.20
EBITDA 3.10 28.70 15.10 13.21
EBITDA margin (%) 0.6% 5.3% 3.8% 3%
Research & Development
Depreciation/Amortization 17.52 23.25 12.17 12.47 11.60
Interest Exp.(Inc.),Net-Operating, Total
Unusual Expense (Income) -13.33 -51.51 1.28 6.87 -19.53
Other Operating Expenses, Total -11.79 -5.06 -16.55 -10.77
Total Operating Expense 532.97 539.53 392.64 445.38 469.78
Operating Income -11.46 6.25 2.42 0.88 -10.70
EBIT margin (%) -2.8% 1% 0.7% 0.2%
Interest Inc.(Exp.),Net-Non-Op., Total
Gain (Loss) on Sale of Assets
Other, Net -0.46 -0.77 -0.76 -1.02 -1.06
Net Income Before Taxes -24.43 -6.31 -6.00 -1.22 -25.22
Provision for Income Taxes -20.05 -2.19 3.48 0.20 0.35
Net Income After Taxes -4.39 -4.12 -9.47 -1.42 -25.56
Minority Interest 0.09 0.13 0.09
Equity In Affiliates
U.S. GAAP Adjustment
Net Income Before Extra. Items -4.29 -3.99 -9.38 -1.42 -25.56
Total Extraordinary Items
Net Income -4.29 -3.99 -9.38 -1.42 -25.56
Total Adjustments to Net Income
Income Available to Com Excl ExtraOrd -4.29 -3.99 -9.38 -1.42 -25.56
Income Available to Com Incl ExtraOrd -4.29 -3.99 -9.38 -1.42 -25.56
Dilution Adjustment 0.00
Diluted Net Income -4.29 -3.99 -9.38 -1.42 -25.56
Diluted Weighted Average Shares 73.83 70.10 70.10 30.90 24.62
Diluted EPS Excluding ExtraOrd Items -0.06 -0.06 -0.13 -0.05 -1.04
DPS - Common Stock Primary Issue 0.00 0.00 0.00 0.00 0.00
Diluted Normalized EPS -0.18 -0.53 -0.12 0.10 -1.55
Balance sheet
Cash
Cash & Equivalents 4.63 1.77 2.72 4.32 0.63
Short Term Investments
Cash and Short Term Investments 4.63 1.77 2.72 4.32 0.63
Accounts Receivable - Trade, Net 60.38 58.51 42.66 44.77 40.06
Total Receivables, Net 60.81 58.74 44.71 44.79 40.10
Total Inventory 28.82 34.83 24.03 24.45 25.92
Prepaid Expenses
Other Current Assets, Total 15.71 15.84 10.18 5.48 6.56
Total Current Assets 109.98 111.18 81.64 79.04 73.22
Property/Plant/Equipment, Total - Gross 339.43 376.78 316.02 315.80 311.04
Accumulated Depreciation, Total -240.84 -265.75 -231.53 -240.14 -237.55
Property/Plant/Equipment, Total - Net 98.59 111.04 84.49 75.67 73.49
Goodwill, Net 4.74 4.19 3.68 3.73 1.48
Intangibles, Net 43.31 50.81 6.05 4.96 4.51
Long Term Investments 1.10 1.00 2.40 2.60 4.04
Note Receivable - Long Term 13.64 4.27 2.67 1.62 2.60
Other Long Term Assets, Total 18.78 2.06 0.54 0.65 0.34
Total Assets 290.13 284.55 181.47 168.25 159.67
Accounts Payable 75.16 78.26 55.39 99.69 62.17
Payable/Accrued
Accrued Expenses 32.90 31.74 20.36 23.81 27.94
Notes Payable/Short Term Debt 12.98 28.18 27.14 13.75 30.17
Current Port. of LT Debt/Capital Leases 6.70 12.02 0.51 1.53 69.28
Other Current liabilities, Total 16.41 16.28 5.74 9.35 10.62
Total Current Liabilities 144.14 166.48 109.14 148.14 200.18
Long Term Debt 119.67 91.16 65.23 4.06 11.24
Capital Lease Obligations
Total Long Term Debt 119.67 91.16 65.23 4.06 11.24
Total Debt 139.35 131.36 92.88 19.34 110.69
Deferred Income Tax 0.73 5.30 2.76 0.20 0.35
Minority Interest 0.01 0.00 0.14 0.23
Other Liabilities, Total 56.22 49.61 22.72 23.31 21.25
Total Liabilities 320.76 312.55 199.99 175.94 233.01
Redeemable Preferred Stock, Total
Preferred Stock - Non Redeemable, Net
Common Stock, Total 75.60 70.10 70.10 70.10 67.85
Additional Paid-In Capital
Retained Earnings (Accumulated Deficit) -93.58 -88.09 -83.97 -73.24 -138.83
Treasury Stock - Common
ESOP Debt Guarantee
Unrealized Gain (Loss)
Other Equity, Total -12.65 -10.01 -4.65 -4.55 -2.36
Total Equity -30.63 -28.01 -18.52 -7.69 -73.34
Total Liabilities & Shareholders Equity 290.13 284.55 181.47 168.25 159.67
Total Common Shares Outstanding 75.59 70.09 70.09 70.09 26.09
Total Preferred Shares Outstanding
Tangible Book Value per Share, Common Eq -1.04 -1.18 -0.40 -0.23 -3.04
Cashflow
Net Income/Starting Line -4.39 -4.12 -10.72 -1.42 -25.56
Depreciation/Depletion 26.23 33.71 12.17 15.85 15.90
Amortization
Deferred Taxes
Non-Cash Items -16.49 -42.13 -4.09 -3.08 -13.08
Changes in Working Capital -33.88 27.70 -26.89 23.03 19.48
Cash from Operating Activities -28.52 15.16 -29.52 34.38 -3.26
Capital Expenditure -16.93 -16.58 -14.88 -14.21 -18.60
Other Investing Cash Flow Items, Total 38.45 -36.16 1.21 -0.53 1.46
Cash from Investing Activities 21.52 -52.75 -13.68 -14.74 -17.14
Financing Cash Flow Items -0.06 -1.11 -2.43 -1.91 -1.92
Total Cash Dividends Paid
Issuance (Retirement) of Stock, Net 5.78 0.00 46.20 26.10
Issuance (Retirement) of Debt, Net 4.05 37.70 44.06 -60.25 -4.12
Cash from Financing Activities 9.77 36.59 41.63 -15.96 20.05
Foreign Exchange Effects 0.10 0.06 -0.03 0.00 0.00
Net Change in Cash 2.86 -0.95 -1.60 3.68 -0.35
Cash Interest Paid 10.47 8.81 5.15 7.07 10.40
Cash Taxes Paid 0.35 0.04 0.45 0.11 0.28
Values are in EUR and expressed in million