Aves One

Aves One AG
legal form	Corporation
ISIN	DE000A168114
founding	June 24, 1898
Seat	Hamburg , Germany
management	Tobias Aulich (board member); Jürgen Bauer (Executive Board); Sven Meißner (board member);
Number of employees	42
sales	77.7 million euros (2018)
Branch	logistics
Website	www.avesone.com
	As of December 31, 2018

The Aves One AG is a listed stock holders and investors in long-life logistics assets based in Hamburg. The focus is on freight wagons for rail, standard sea containers for shipping, swap bodies for the road and logistics real estate . Customers include shipping companies , state railway companies, industrial and chemical companies and logistics service providers. At the end of 2018, the company had total assets of 923.6 million euros and generated sales of 77.7 million euros in 2018. The company is listed in the Prime Standard on the Frankfurt Stock Exchange .

history

The company's beginnings go back to the end of the 19th century. As Bremisch-Hannoversche Kleinbahn AG , the company, which was founded on June 24, 1898, initially specialized in the construction, expansion and operation of small railroad lines. With the railway lines in the Bremen area , connections were created to the surrounding areas as well as to the state railway lines Bremen-Oldenburg and Bremen-Osnabrück. The company was already listed on the stock exchange when it was founded. From January 14, 1958, the company was called Bremisch-Hannoversche Eisenbahn AG (BHE).

Bremisch-Hannoversche Kleinbahn AG share from 1899

In the 2000s, the company concentrated on the administration of the property that was formerly used for rail operations and temporarily withdrew from the rail business.

The company has been operating under the name Aves One AG since 2016. It returned to the rail business and is active as an inventory holder of logistics assets. The decisive factor here was the acquisition of the freight car portfolio from what was then ERR Rail Rent Vermietungs GmbH and is now Aves Rail GmbH. Aves One AG primarily provides freight wagons as well as containers and logistics real estate for the rental market.

Services

Freight wagons

In the freight wagon segment, Aves One AG invests in various types of freight wagons. These can be used for an average of 45 years. The company relies on external managers who take care of the rental and management of over 9,000 freight wagons.

An ERR car

Container

Aves One AG invests in various types of containers. The most important types are sea containers , swap bodies and special bodies . The average useful life is around 20 years. The leasing and management of the containers are handled by external managers. At the end of 2018, Aves One had a container inventory of around 192,000 TEU .

Key figures

Facts and figures Aves One AG
	2014	2015	2016	2017	2018
Number of employees	9	15th	26th	37	42
Turnover (million euros)	9.4	21.6	28.6	53.4	77.7
Operating profit (EBITDA, million euros)	17.8	20.3	10.3	29.1	54.7
EBIT (million euros)	15.9	15.6	1.8	9.4	31.1
Balance sheet total (million euros)	168.4	267.2	517.9	520.1	923.7
Number of freight wagons used	0	331	4,230	4,308	> 9,000
Number of tank container containers used (TEU)	169,000	180,000	159,000	172,500	192,000