euro adhoc: Polytec Holding AG
quarterly or semiannual financial statement /
POLYTEC GROUP TODAY PUBLISHED ITS FINANCIAL RESULT for the first quarter 2007
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
3-month report/POLYTEC
10.05.2007
POLYTEC GROUP could increased in the first quarter 2007 despite a flat sales its key financials which finally resulted in an increase in net profit of EUR 0.4 million or 7.8% % to EUR 5.6 million.
in EUR million Q1 2007 Q1 2006 CHANGE Sales 134.0 134.2 -0.2% EBITDA 13.5 13.3 1.0% EBIT 9.1 8.8 2.7% Net income 5.6 5.2 7.8% EBITDA margin 10.1 % 9.9 % EBIT margin 6.8 % 6.6 %
As a result of the acquisition of the moulding business of MENZOLIT FIBRON on March 30, 2007, the results for 2007 will include the results of MENZOLIT FIBRON starting in Q2 2007. Due to the first consolidation of MEZOLIT FIBRON, starting with the second quarter, POLYTEC HOLDING AG expects a significant increase in sales for the financial year 2007. Besides the results of MENZOLIT FIBRON also the net income is expected to improve and hence an increase of the earnings per share is expected.
end of announcement euro adhoc 10.05.2007 07:25:00
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