Dr. Hönle AG

Hönle Increases Net Income by 90 %

@@start.t1@@--------------------------------------------------------------------------------   ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for   the content of this announcement. --------------------------------------------------------------------------------@@end@@

finances

Gräfeling/München (euro adhoc) - The revenue of the Hönle Group increased in the first half year by 41.2 % to 18,036 TEUR. The Earnings before interest and taxes (EBIT) rose by 64.5 % to 3,416 TEUR. Earnings before taxes (EBT) climbed by 53.7 % to 3,702 TEUR. Net income rose even more strongly by 89.1 % to 2,785 TEUR; this corresponds to earnings per share of 0.51 EUR (PY: 0.27 EUR) in the first six months. Net profit on sales reached 15.4 % compared with 11.5 % in the previous year.

The Panacol Group and PrintConcept GmbH were consolidated for the first time in the second quarter of 2007/2008. Hönle acquired the two companies in January 2008. Furthermore the positive business development in digital print and coating applications contributed to the sales and profit increase.

Outlook

The recent Eltosch GmbH acquisition represents a further significant milestone in the Hönle Group´s corporate development. For more than 30 years now, Eltosch has developed, produced and sold drying plants for the sheet-fed offset printing industry. Through the acquisition, Hönle succeeded in tapping directly into one of the largest UV markets. Moreover, Hönle acquired powerful, high quality products, fully fledged equipment technology that is secured through several patents, and longstanding competence in the UV, infrared, and hot air drying segments.

The business environment continues to be very positive for UV technology. Incoming orders and the orders portfolio of the Hönle Group are above the previous year´s level. Hönle expects positive effects on revenue from the largest printing machine trade fair of the world, DRUPA, where Hönle will present a new generation of UV dryers. The equipment, which is based on a patented reflector geometry, is characterised by higher UV intensity with simultaneously reduced temperature development. In addition, new micro controllers for controlling plants and, in particular, compact dryers for small plants will be exhibited.

Given the present stable economic environment and the acquisitions undertaken, Hönle is aiming to achieve an 85% sales increase and a 40 % increase in the operating result (EBIT) for the current financial year. Hönle expects income-increasing effects from the Eltosch GmbH acquisition to be felt as early as in the coming financial year.

@@start.t2@@end of announcement                                                 euro adhoc
--------------------------------------------------------------------------------@@end@@

ots Originaltext: Dr. Hönle AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Peter Weinert
Tel.: +49 (0)89 856 08 173
E-Mail: peter.weinert@hoenle.de

Branche: Instrument Engineering
ISIN:      DE0005157101
WKN:        515710
Index:    CDAX, Prime All Share, Technologie All Share
Börsen:  Börse Frankfurt / regulated dealing/prime standard
              Börse Berlin / free trade
              Börse Hamburg / free trade
              Börse Stuttgart / free trade
              Börse Düsseldorf / free trade
              Börse Hannover / free trade
              Börse München / free trade



Weitere Meldungen: Dr. Hönle AG

Das könnte Sie auch interessieren: