EANS-Adhoc: Westag & Getalit AG: 2012 sales remained at the previous year's
gratifying level despite the challenging economic environment; earnings affected
by quality issues in certain raw materials
--------------------------------------------------------------------------------
ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------
Financial Figures/Balance Sheet
15.02.2013
Reporting sales revenues of EUR 227.4 million for the fiscal year 2012, Westag &
Getalit AG was able to match the previous year's gratifying level of sales (EUR
227.1 million). At EUR 48.9 million (previous year: EUR 48.7 million) exports
also remained almost constant despite the precarious economic situation in
Europe.
Earnings before income tax amounted to EUR 10.8 million (previous year: EUR 11.8
million) in fiscal 2012.
As already pointed out in the previous quarterly reports, results were affected
by the inferior quality of certain sourced raw materials and the resulting
increase in the cost of manufacturing our products.
Reflecting the trend in earnings before tax, net profit for the year reached EUR
7.5 million (previous year: EUR 8.2 million).
All above figures are provisional and are subject to the ongoing audit of the
financial statements. The final figures as well as a profit appropriation
proposal will be communicated in an ad-hoc press release on March 14, 2013
following the adoption of the financial statements by the Supervisory Board.
The above press release and further information on Westag & Getalit are
available on the Internet at www.westag-getalit.de.
Further inquiry note:
Thomas Sudhoff
PR und Finanzkommunikation
Tel.: +49(0) 5242 175176
Email: IR@westag-getalit.de
end of announcement euro adhoc
--------------------------------------------------------------------------------
issuer: Westag & Getalit AG
Hellweg 15
D-33378 Rheda-Wiedenbrück
phone: +49 (0)5242 17 0
FAX: +49 (0)5242 17 75000
mail: ir@westag-getalit.de
WWW: http://www.westag-getalit.de
sector: Building materials
ISIN: DE0007775207, DE0007775231
indexes: CDAX, Classic All Share, Prime All Share
stockmarkets: free trade: Berlin, Stuttgart, regulated dealing: Düsseldorf,
regulated dealing/prime standard: Frankfurt
language: English