euro adhoc: Polytec Holding AG
quarterly or semiannual financial statement /
POLYTEC HOLDING AG announced results for the first half of 2006
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
02.08.2006
Sales for the POLYTEC GROUP increased in the first half of 2006 by 13.2% to EUR 282.9 million compared to EUR 249.8 million the previous year. The positive trend in sales at group level is primarily attributable to business development in the Automotive Systems Division (+18.4%) and Car Styling Division (+7.9%). The Group-EBITDA increased by 43.8% to EUR 27.7 million (2005: EUR 19.3 milion), corresponding to an EBITDA margin of 9.8% (2005: 7.7%) in the first half of 2006. This result is again primarily attributable to the Automotive Systems Division. Earnings per share also increased from EUR 0.29 to EUR 0.54 despite the capital increase during the IPO of the POLYTEC GROUP.
The number of orders received by the Automotive System Division amounts to EUR 46.6 million in the first half of the year compared to the same period of last year (EUR 12.3 million).
in EUR million Q2 2006 Q2 2005 Change 1H 2006 1H 2005 Change Sales 148.7 131.3 13.2% 282.9 249.8 13.2% EBITDA 14.4 12.4 15.6% 27.7 19.3 43.8% EBIT 10.2 8.3 23.0% 19.0 11.0 72.3% Earnings befor tax 9.2 7.3 26.0% 17.2 9.0 91.9% Net Income 6.0 4.4 35.0% 11.0 5.7 93.3%
end of announcement euro adhoc 02.08.2006 07:28:14
Further inquiry note:
Manuel TAVERNE
POLYTEC GROUP
Investor Relations
Tel.+43(0)7221/701-292
manuel.taverne@polytec-group.com
Branche: Industrial Components
ISIN: AT0000A00XX9
WKN: A0CA1R
Index: ATX Prime
Börsen: Wiener Börse AG / official market