EANS-Adhoc: Westag & Getalit AG Positive sales trend in 2011; Earnings
adversely affected by strong increase in commodity prices
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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.
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13.02.2012
In the fiscal year 2011, Westag & Getalit AG was able to increase its sales
revenues by 4.8% to EUR 227.1 million (previous year: EUR 216.6 million), which
represents an improvement on the record year 2008. Although international market
conditions were much more difficult than conditions in the domestic market,
exports rose at a disproportionate rate of 13.8% to EUR 48.7 million (previous
year: EUR 42.8 million), which is especially gratifying.
Earnings before income tax amounted to EUR 11.8 million (previous year: EUR 15.1
million). The earnings trend in 2011 was adversely affected by a sharp rise in
commodity prices, which could be offset by higher prices for our own products
only partially and in steps.
Reflecting the trend in earnings before tax, net profit for the year reached EUR
8.2 million (previous year: EUR 10.7 million).
All above figures are provisional and are subject to the ongoing audit of the
financial statements. The final figures will be communicated in an ad-hoc press
release on March 22, 2012 following the adoption of the financial statements by
the Supervisory Board.
Further inquiry note:
Felix Huisgen
Tel.: +49 (0)5242 17 5350
E-Mail: huisgen@westag-getalit.de
end of announcement euro adhoc
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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: Prime All Share
stockmarkets: free trade: Berlin, Stuttgart, regulated dealing: Düsseldorf,
regulated dealing/prime standard: Frankfurt
language: English