EANS-Adhoc: SEMPERIT AG HOLDING:
Semperit Group posts sales and profit growth in the first nine months of 2011
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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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9-month report
15.11.2011
Sales up 20.6% to EUR 626.2 million
Earnings per share reach EUR 1.98
Earnings after tax rise 18.7% to EUR 40.7 million
EBIT up 6.1% to EUR 64.9 million
In the first three quarters of 2011 the Semperit Group (VSE: SEM) with its two
sectors Medical (Sempermed) and Industrial (Semperflex, Semperform and
Sempertrans) increased sales 20.6% compared to the same period last year to EUR
626.2 million. In the Medical sector sales rose 16.5% to EUR 285.7 million, and
in the Industrial sector 24.3% to EUR 340.5 million respectively. The growth in
sales is due to price and volume increases. Volume growth was primarily
generated by increased surgical glove sales as well as increased sales in the
Semperflex and Sempertrans segments.
The first nine months of 2011 were marked by extremely volatile raw material
prices and by the first signs of an economic slowdown. In this context the
Semperit Group implemented a strategy of earnings-oriented growth. In the period
under review EBITDA rose 4.5% to EUR 86.6 million and EBIT increased 6.1% to EUR
64.9 million. The EBIT improvement related mainly to the turnaround in the
Sempertrans segment and very positive developments in Semperflex.
Earnings after tax rose 18.7% to EUR 40.7 million. Earnings per share rose to
EUR 1.98. At September 30, 2011 the equity ratio reached 57.2%, an above-average
value for the industry.
Outlook
For the fourth quarter of 2011 the Semperit Group forecasts a marked increase in
revenue year-over-year. In view of seasonal characteristics of the year-end
period and the scheduled maintenance work at certain European plants, fourth
quarter sales figures are not expected to match those achieved in the third
quarter of 2011. A price policy focussed on profitability, combined with
measures already underway throughout the Group to improve productivity and
efficiency, should continue to contribute to the achievement of satisfactory
results.
end of ad-hoc-announcement
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Further inquiry note:
Investor Relations Media
Clemens Taschée Martina Büchele
Head of Group Accounting Head of Group Communications
Tel: +43 1 79 777-230 Tel.: +43 1 79 777-621
E-mail: clemens.taschee@semperit.at E-mail: martina.buechele@semperit.at
end of announcement euro adhoc
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issuer: Semperit AG Holding
Modecenterstrasse 22
A-1030 Wien
phone: +43 1 79 777-210
FAX: +43 1 79 777-602
mail: investors@semperit.at
WWW: www.semperit.at
sector: Synthetics & Plastics
ISIN: AT0000785555
indexes: WBI, ViDX, Prime Market
stockmarkets: stock market: Frankfurt, Stuttgart, free trade: Berlin, official
market: Wien
language: English