euro adhoc: Polytec Holding AG
quarterly or semiannual financial statement /
POLYTEC GROUP - RESULTS FOR THE FIRST NINE MONTH 2006
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
08.11.2006
HÖRSCHING, NOVEMBER 8, 2006: POLYTEC GROUP TODAY PUBLISHED ITS FINANCIAL RESULT FOR THE FIRST NINE MONTHS OF 2006, TO THE END OF SEPTEMBER 30, 2006.
GROUP SALES INCREASE BY 8.8% TO EUR 399.2 MILLION
OPERATING RESULT BEFORE DEPRECIATION (EBITDA) OF EUR 36.9 MILLION
NET PROFIT INCREASES FROM EUR 8.5 MILLION TO EUR 14.1 MILLION
OUTLOOK FOR 2006 CONFIRMED
During the first nine months of 2006, sales of the POLYTEC GROUP increased by 8.8 %, to EUR 399.2 million, in comparison with the same period last year. The development within the first nine months is based primarily on the positive growth of the AUTOMOTIVE SYSTEM DIVISION (+ 10.7 %), and to a smaller extent on that of the CAR STYLING DIVISION (+ 7.8 %). EBITDA at Group level rose by 28.6 % to EUR 36.9 million (2005: EUR 28.7 million), corresponding to an EBITDA margin of 9.2 % (2005: 7.8 %) for the first nine months of 2006. EBIT rose by 40.6 % during the first nine months of 2006, to EUR 23.5 million. Despite the increase in capital during the IPO of the POLYTEC GROUP, it proved possible to increase earnings per share from EUR 0.44 to EUR 0.67.
end of announcement euro adhoc 08.11.2006 07:30:00
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