14.12.2020 Progress-Werk Oberkirch AG  DE0006968001

DGAP-News: Progress-Werk Oberkirch AG: PWO appoints Dr. Cornelia Ballwießer as Acting CFO


DGAP-News: Progress-Werk Oberkirch AG / Key word(s): Personnel
Progress-Werk Oberkirch AG: PWO appoints Dr. Cornelia Ballwießer as Acting CFO

14.12.2020 / 08:00
The issuer is solely responsible for the content of this announcement.

PWO appoints Dr. Cornelia Ballwießer as Acting CFO

Oberkirch, December 14, 2020 - The Supervisory Board of Progress-Werk Oberkirch AG has appointed Dr. Cornelia Ballwießer as Acting CFO effective as of December 12, 2020. She will therefore already assume the responsibilities of Bernd Bartmann, who, after 15 successful years as CFO of PWO, will leave the Management Board and retire on December 31, 2020.

Dr. Ballwießer has been a member of PWO's Management Board since November 1, 2020 and will become Chief Financial Officer effective January 1, 2021. In this function, she will also be responsible for the entire commercial area. Her term of office is set to run for three years until October 31, 2023.

Dr. Ballwießer studied business administration at the Bavarian Julius-Maximilians-University in Würzburg, where she worked as a research assistant at the Institute for Auditing and Consulting. She received her doctorate degree (Dr. rer. pol) in 1996.

Dr. Ballwießer began her career in the industrial sector in 1995 at VIAG AG in Munich and led the group-wide accounting department starting in 1998. Since 2001, she has held a variety of management positions, among others as CFO and General Manager, in the automotive supply industry with a focus on controlling, accounting, and group and corporate planning. She has extensive expertise and management experience in IT and M&A projects, reorganizations, restructurings, post-merger integrations and change management. Her leadership and management experience encompasses both globally active, listed industrial groups, as well as international medium-sized businesses.

In her comments about looking forward to her future tasks, Dr. Ballwießer says: "In my first few weeks at PWO, I have met exceptionally qualified employees at all levels and in all areas who are working on shaping the future with the greatest energy, motivation and creativity. We will achieve a lot with this team."

Supervisory Board Chairman Karl M. Schmidhuber wishes her much success in her new role. "I can assure her of the full support of the entire Supervisory Board in mastering the broad challenges in the years ahead."

Progress-Werk Oberkirch AG
The Management Board

PWO company profile
PWO is a partner to the global automotive industry for the development and production of advanced metal components and subsystems using lightweight construction. The Group has developed a unique knowledge in the forming and joining of metals over the course of its more than 100-year history since it was founded in 1919. With our expertise in cost-efficient lightweight construction, we contribute to environmentally friendly driving and greater distances.

All of the Group's more than 1,000 products contribute to automotive comfort and safety. More than 90 percent of revenue is independent of the vehicle's type of drivetrain. Approximately 3,000 employees on three continents at five production sites and four assembly plants ensure the highest level of delivery reliability and quality.

14.12.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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Language: English
Company: Progress-Werk Oberkirch AG
Industriestraße 8
77704 Oberkirch
Phone: +49 (0)7802 84-347
Fax: +49 (0)7802 84-789
E-mail: [email protected]
Internet: www.progress-werk.de
ISIN: DE0006968001
WKN: 696800
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Tradegate Exchange
EQS News ID: 1154743

End of News DGAP News Service

1154743  14.12.2020 


Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 404,60 409,61 461,01 476,27 458,62 371,15 408,00
EBITDA1,2 42,92 44,65 44,96 42,70 45,98 21,17 45,40
EBITDA-Marge3 10,61 10,90 9,75 8,97 10,03 5,70 11,13
EBIT1,4 18,09 19,73 20,53 18,43 19,93 -10,10 17,00
EBIT-Marge5 4,47 4,82 4,45 3,87 4,35 -2,72 4,17
Jahresüberschuss1 7,54 9,52 10,06 6,64 9,10 -11,66 5,20
Netto-Marge6 1,86 2,32 2,18 1,39 1,98 -3,14 1,28
Cashflow1,7 31,11 46,30 38,31 38,45 47,95 49,20 46,00
Ergebnis je Aktie8 2,41 3,05 3,22 2,12 2,91 -3,73 1,65
Dividende8 1,55 1,60 1,65 1,35 0,00 0,00 0,25
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: KPMG

WKN Kurs in € Einschätzung Börsenwert in Mio. €
696800 27,400 Halten 85,63
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
13,70 12,51 1,09 12,81
0,82 1,74 0,23 12,44
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
0,00 0,00 0,00 19.05.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
10.05.2021 02.08.2021 03.11.2021 25.03.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-7,25% -2,45% 41,24% 59,30%
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Automobilzulieferer , 696800 , PWO , XETR:PWO