euro adhoc: Polytec Holding AG
quarterly or semiannual financial statement /
POLYTEC HOLDING AG today published its results for the first half 2007
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
6-month report
01.08.2007
in EUR million Q2 2007 Q2 2006 % H1 2007 H1 2006 % Sales 152.7 148.7 2.7% 286.7 282.9 1.3% EBITDA 15.3 14.4 6.1% 28.7 27.7 3.7% EBIT 10.1 10.2 -0.1% 19.2 19.0 1.2% Net income 8.5 6.0 42.7% 14.1 11.1 26.5%
EBITDA Margin 10.0% 9.7% 10.0% 9.8% EBIT Margin 6.6% 6.8% 6.7% 6.7%
Earnings per Share (in EUR) 0.63 0.54 16.7%
Sales of the POLYTEC GROUP increased in the first six months of the current financial year 2007 by 1.3% to EUR 286.7 million compared with the same period 2006. On the one hand, this increase can be explained due to the consolidation of POLYTEC COMPOSITES GER-MANY and its subsidiary companies for the first time, which contrib-utes to group sales withEUR 32.0 million in the second quarter of the current financial year. And on the other hand, it can also be ex-plained through a positive business development in the CAR STYLING DIVISION which was able to increase its sales by 16.4% in the first six months of 2007. The EBITDA increased in the first six months of the current financial year by 3.7% to EUR 28.7 million. In the first six months of 2007, the consolidated net income of the POLYTEC GROUP increased by 26.5% to EUR 14.1 million. Along with a high operating result, this can be traced back to low financing costs and tax expenses. In the first six months, the result per share increased from EUR 0.54 to EUR 0.63.
end of announcement euro adhoc 01.08.2007 06:28:36
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