HÖRMANN Vehicle Engineering provides complete vehicle development service for train in Beijing

HÖRMANN Vehicle Engineering provides complete vehicle development service for train in Beijing

HÖRMANN Vehicle Engineering is developing an innovative train system for public transport between China’s growing big cities.

Successful launch for HÖRMANN Warnsysteme sirens in Brazil

Successful launch for HÖRMANN Warnsysteme sirens in Brazil

Brazil’s first siren warning system from HÖRMANN Warnsysteme is now in operation. This can be used to trigger warning sounds and recorded voice messages as well as to transmit announcements to sirens for broadcast.

HÖRMANN Automotive broadens capabilities to include hot working and press hardening

HÖRMANN Automotive broadens capabilities to include hot working and press hardening

The HÖRMANN Automotive factory in St. Wendel in the German state of Saarland has broadened its technological capabilities to include the hot working and press hardening production processes thanks to a significant new investment. 

HÖRMANN Rawema’s smart factory nominated for Sächsischer Innovationspreis award

HÖRMANN Rawema’s smart factory nominated for Sächsischer Innovationspreis award

With a nomination for its smart factory, HÖRMANN Rawema Engineering & Consulting GmbH was counted among the top ten for the 2019 Sächsischer Innovationspreis awards.

Fully automated Funkwerk passenger information for railways in Luxembourg

Fully automated Funkwerk passenger information for railways in Luxembourg

As part of a modernisation programme, all railway stations in Luxembourg are to be fitted with the AURIS passenger information system and Funkwerk AG display systems by the end of 2021.

High-performance punching of longitudinal frame members at HÖRMANN Automotive

High-performance punching of longitudinal frame members at HÖRMANN Automotive

High-performance punching at HÖRMANN Automotive GmbH allows for a wide range of variants and a high degree of automation coupled with low takt times.

Bolzano fire service uses mobile siren from HÖRMANN Warnsysteme to enforce curfew

Bolzano fire service uses mobile siren from HÖRMANN Warnsysteme to enforce curfew

The city of Bolzano in the South Tyrol province of Italy is using a Mobela 150D mobile siren with a public address function from HÖRMANN Warnsysteme to help in the battle against the coronavirus pandemic

HÖRMANN Automotive expanding charging infrastructure for electric vehicles

HÖRMANN Automotive expanding charging infrastructure for electric vehicles

HÖRMANN Automotive is supporting efforts to protect the climate, which is why it is setting its factory in Wackersdorf up to be suitable for work relating to electric vehicles and the associated infrastructure.

VacuTec Messtechnik helps minimizing risk in radiography

VacuTec Messtechnik helps minimizing risk in radiography

HÖRMANN VacuTec offers the innovative VacuDAP duo measuring system to minimise risk in radiography. This system can determine the reference dose and the dose area product at the same time.

Smart Funkwerk traffic management systems for motorways

Smart Funkwerk traffic management systems for motorways

Hessen Mobil, the administrative agency for road and traffic management in the German state of Hesse, is using smart traffic management systems to optimise how transport runs on local motorways.

HÖRMANN Automotive delivers high-precision, high-quality large components for agricultural machinery

HÖRMANN Automotive delivers high-precision, high-quality large components for agricultural machinery

The HÖRMANN Automotive factory in St. Wendel has built up specialist tooling expertise and developed cutting-edge manufacturing methods and technology for agricultural machinery.

Innovative warehouse technology for the packaging industry from HÖRMANN Logistik

Innovative warehouse technology for the packaging industry from HÖRMANN Logistik

HÖRMANN Logistik secured a contract from Kunert Wellpappe to implement a new automated high-bay warehouse together with the associated conveyor system at the packaging company’s site in Bad Neustadt.

HÖRMANN publishes financial results for the first nine months of 2019

HÖRMANN publishes financial results for the first nine months of 2019

HÖRMANN Industries GmbH (corporate bond, WKN: A2TSCH) announced its financial results for the first nine months of 2019. Accordingly, sales in the first three quarters of 2019 rose by 2.7% to EUR 440.9 million (9M 2018: EUR 429.3 million). Earnings before interest and taxes (EBIT) increased from EUR 11.0 million to EUR 17.4 million. At EUR 11.6 million, consolidated net income was also above the previous year's level (9M 2018: EUR 6.1 million).

HÖRMANN Vehicle Engineering presents an innovative concept for RoLa

HÖRMANN Vehicle Engineering GmbH, a HÖRMANN Group company, presented an innovative carrying wagon concept for the rolling highway at the TRAKO conference in the Polish city of Gdansk. TRAKO is the largest rail vehicle exhibition fair after InnoTrans and focuses on Eastern Europe. Exhibitors showcase modern transport systems and major future investments in the sector.

HÖRMANN Group repays bond early

HÖRMANN Group repays bond early

Following the successful placement of its new 2019/2024 bond, HÖRMANN Industries GmbH today prematurely terminated all outstanding portions of the 2016/2021 corporate bond issued in November 2016 (WKN A2AAZG / ISIN DE000A2AAZG8) with a total volume of EUR 30 million and a coupon of 4.50%.

HÖRMANN Group publishes half-year financial statements for 2019

HÖRMANN Industries GmbH (corporate bonds, WKN: A2TSCH and A2AAZG) today published its consolidated interim financial statements for the first half of 2019. Sales increased by 4.1% year-on-year to EUR 299.0 million in the first six months of 2019 (H1 2018: EUR 287.1 million). Earnings before interest and taxes (EBIT**) rose by 10.1% to EUR 8.7 million (H1 2018: EUR 7.9 million). Consolidated net income was largely unchanged year-on-year at EUR 4.2 million (H1 2018: EUR 4.3 million).

HÖRMANN Group develops lightweight chassis for flexible logistics applications

HÖRMANN Group develops lightweight chassis for flexible logistics applications

HÖRMANN Vehicle Engineering, a HÖRMANN Group company, has developed a modular chassis on behalf of SBB Cargo that can be used flexibly for various transport applications and superstructures with higher payloads. ‘Thanks to our extensive manufacturing expertise, we were able to bring the lightweight structural construction principles of commercial vehicles to the railways, allowing us to use a more economical production process,’ commented Mike Juntke, project manager at HÖRMANN Vehicle Engineering. This was achieved by leveraging synergies within the HÖRMANN Group, consisting of product development on the one hand (HÖRMANN Vehicle Engineering GmbH) and production-orientated product design on the other (HÖRMANN Automotive Gustavsburg GmbH).

HÖRMANN Group reinforces Communication division

HÖRMANN Group reinforces Communication division

HÖRMANN Industries GmbH (corporate bond, German Securities Code Number (WKN): A2TSCH / ISIN: NO0010851728), based in Kirchseeon near Munich, is pressing ahead with the strategic reorientation of the Group and opening up new potential for the future development of its Communication division.

HÖRMANN Group launches new 2019/2024 bond

HÖRMANN Group launches new 2019/2024 bond

The technology specialist HÖRMANN Industries GmbH has successfully placed its new corporate bond (German Securities Code Number (WKN): A2TSCH, ISIN: NO0010851728) with a total volume of EUR 50 million. The issue was concluded early at 8:30 a.m. on 27 May 2019 due to the extremely high level of investor demand, with the bond being several times oversubscribed. The subscription period was originally scheduled to end on 28 May 2019. The HÖRMANN Industries 2019/2024 bond enjoyed strong demand among domestic and foreign institutional investors as well as private investors. The annual fixed interest rate is 4.5%, as was the case with the HÖRMANN 2016/2021 bond.

HÖRMANN Group closes 2019/2024 bond issue subscription early

HÖRMANN Group closes 2019/2024 bond issue subscription early

The new corporate bond of technology specialist HÖRMANN Industries GmbH (German Securities Code Number (WKN): A2TSCH, ISIN: NO0010851728) has met with considerable interest among institutional and private investors alike. As a result, the subscription period is being concluded early. Subscription for the new bond via Deutsche Börse under the terms of the public offer is now possible until 8:30 a.m. on Monday, 27 May 2019. The subscription period was originally scheduled to end on 28 May 2019. The annual coupon has been set at 4.5%.

Subscription period for new HÖRMANN 2019/2024 bond starts today

Subscription period for new HÖRMANN 2019/2024 bond starts today

The subscription period for the new 2019/2024 bond to be issued by HÖRMANN Industries GmbH begins today. The five-year bond (German Securities Code Number (WKN): A2TSCH / ISIN NO0010851728) with a nominal value of EUR 1,000.00 is scheduled to be available for subscription via banks and online brokers on the Frankfurt Stock Exchange until 28 May 2019 (10:00 a.m.). The offer is aimed at institutional investors and asset managers as well as private investors in Germany and Luxembourg. The issue volume for the HÖRMANN Industries bond is up to EUR 50 million and the minimum interest rate is 4.500% p.a. The final interest rate will be determined and communicated on 28 May 2019 on the basis of the subscription offers. The bond is expected to be listed in the Open Market of the Frankfurt Stock Exchange and the Nordic ABM segment of the Oslo Stock Exchange.

HÖRMANN Group issues new corporate bond

HÖRMANN Group issues new corporate bond

HÖRMANN Industries GmbH intends to issue a new corporate bond with a volume of up to EUR 50 million. The issue proceeds will be used for the early refinancing of the bond that is scheduled to mature in 2021 (German Securities Code Number (WKN): A2AAZG, volume: EUR 30 million), which has a call option from 21 November 2019 at a price of 101.5%. The proceeds will also be used for general corporate financing, including the modernisation and automation of the existing production facilities in the Automotive segment and the enhancement of the other segments through targeted acquisitions. The bonds will be publicly offered in Germany and Luxembourg. The necessary securities prospectus was today approved by the Commission de Surveillance du Secteur Financier (CSSF), and the German Federal Financial Supervisory Authority (BaFin) was notified. The bonds will also be offered to institutional investors in selected European countries by way of a private placement conducted by the joint lead managers, Pareto Securities and IKB Deutsche Industriebank AG.

HÖRMANN Group publishes 2018 Annual Report

HÖRMANN Group publishes 2018 Annual Report

HÖRMANN Industries GmbH (corporate bond, German Securities Code Number (WKN): A2AAZG) today published its 2018 annual financial statements. In the 2018 financial year, sales increased from EUR 521.9 million (2017) to EUR 624.1 million, while EBITDA rose by around 53% year-on-year to EUR 41.8 million. Operating EBIT improved by 45% to EUR 30.5 million (previous year: EUR 21.1 million). This meant the sales and earnings forecasts that were upwardly revised in September 2018 were exceeded. HÖRMANN Industries closed the 2018 financial year with consolidated net income of EUR 14.6 million, up 60.4% on the previous year (EUR 9.1 million), with all four segments making a positive earnings contribution. The Group’s equity base improved from EUR 99.6 million at the end of the previous year to EUR 112.8 million on 31 December 2018 thanks to the positive results of operations. The equity ratio increased from 35.1% (31 December 2017) to 38.3% at the reporting date, while net cash and cash equivalents amounted to EUR 77.3 million. Total assets rose by EUR 11.3 million to EUR 294.7 million as a result of the higher level of current assets. Excluding trainees, the company had an average of 3,175 employees in the reporting period, up 12.4% compared with 2017.

HÖRMANN Logistik acquires majority stake in Klatt Fördertechnik GmbH

HÖRMANN Logistik acquires majority stake in Klatt Fördertechnik GmbH

HÖRMANN Logistik GmbH, a subsidiary of HÖRMANN Group, has been a general contractor for the supply of smart and innovative intralogistics systems for 32 years. Now the company is acquiring a majority stake in the Austrian company Klatt Fördertechnik GmbH. In its 19-year existence, Klatt Fördertechnik has developed into a renowned manufacturer of conveyor systems. "With our merger, we are not only strengthening our core competencies, but also strategically expanding them," emphasises Steffen Dieterich, Managing Director of HÖRMANN Logistik. His colleague in the management board, Oliver Vujcic, adds: "For both companies there are many synergies for ambitious growth."