Polytec Holding AG

euro adhoc: Polytec Holding AG
quarterly or semiannual financial statement / POLYTEC HOLDING AG - RESULTS FOR THE FIRST NINE MONTHS 2007

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9-month report

14.11.2007

@@start.t2@@in EUR million                      Q3 2007 Q3 2006 %        1-9 2007 1-9 2006 %
Sales                                    181.1    116.3    55.8% 467.8      399.2      17.2%
EBITDA                                  13.6      9.1        49.2% 42.4        36.9        15.0%
EBIT                                      7.0        4.5        56.0% 26.2        23.5        11.6%
Net income                            4.3        3.1        37.1% 18.4        14.1        30.0%

EBITDA Margin                        7.5%      7.9%                9.1%        9.2%
EBIT Margin                          3.8%      3.8%                5.6%        5.9%

Earnings per Share (in EUR)                                    0.82        0.67        22.9%@@end@@

Sales of the POLYTEC GROUP increased in the first nine months of the current financial year of 2007 by 17.2% to 467.8 million EUR against the comparative period of 2007. This increase can primarily be attributed to the sales contributions of the acquisitions of POLYTEC COMPOSITES GERMANY and ISE INTEX in the first nine months of the current financial year. Sales in the third quarter of 2007 increased due to the effect of the aforementioned first consolidation by 55.8% to 181.1 million EUR.

The EBITDA increased in the in the first nine months of the current financial year by 15.0% to 42.4 million EUR. In the third quarter of 2007, the EBITDA of the group increased due to an increased operating income with constant ratios on material and personnel costs by 49.2% to 13.6 million EUR.

The development of the EBIT of the POLYTEC GROUP, which increased in the first nine months of the current financial year by 11.6% to 26.2 million EUR, ran similarly to that of the EBITDA. In the third quarter of 2007, the operating result of the POLYTEC GROUP increased by 56.0% to 7.0 million EUR. The stronger increase of the EBIT in relation to the EBITDA is caused by lower acquisition costs for the assets of the acquisition of POLYTEC COMPOSITES GERMANY. This resulted in a lower depreciation for the assets.

The consolidated net profit of the POLYTEC GROUP increased in the first nine months of 2007 by 30.0% to 18.4 million EUR. This can primarily be attributed to an increased operating income, to an improved financial results in spite of the acquisitions and on lower tax expenditures.

Earnings per share increased in the first nine months 2007 from 0.67 EUR to 0.82 EUR.

As a result of the closed acquisitions, POLYTEC HOLDING AG is expecting a clear increase in sales to a total of at least 660,0 million EUR. As a result of the integration and reorganisation of the acquired businesses, contracts with customers have to be reviewed on their operational justification. As the review of these contracts is not yet finished, a precise statement regarding earnings development can not be given. These result notwithstanding, an increase in net income and as a consequence also an increase in earnings per share is given. For the financial year 2007 a dividend proposal will be made to the AGM 2007 of at least last years level.

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ots Originaltext: Polytec Holding AG
Im Internet recherchierbar: http://www.presseportal.ch

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



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