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Abonner CHRIST WATER TECHNOLOGY AG

CHRIST WATER TECHNOLOGY AG

euro adhoc: CHRIST WATER TECHNOLOGY AG
Financial Figures/Balance Sheet / CHRIST reports final figures 2006 Thanks to order book and dynamic markets positive outlook for 2007 Takeover of UT&S

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
annual report
10.04.2007
•       Order backlog +25% to EUR 183mn
•       Sales +15% to EUR 210mn
•       EBIT +62% to EUR 6.4mn
•       Net income +14% to EUR 3.3mn
•       Takeover of UT&S
In the first full stand alone-year following the spin-off from BWT 
Group (effective 8/11/2005), CHRIST Group grew sales by 14.7% from 
EUR 183mn to EUR 209.9mn. Compared to an already relatively high 
level 2005, order intake increased 2% reaching EUR 246.0mn in 2006. 
Good use of capacities in all business areas is also reflected in 
order backlog which amounted to EUR 182.6mn, being up 25% on last 
year´s EUR 146.5mn.
Sales (in EUR thds.)                2006            2005        +/- %
Pharma & Life Science (PLS)       48,992          46,815        +4.6%
Ultrapure Water (UPW)             95,043          71,107       +33.7%
Food & Beverage (F&B)             25,397          22,670       +12.0%
Municipal Water Treatment (MWT)   40,444          42,437        -4.7%
CHRIST Group total               209,876         183,029       +14.7%
Group EBIT improved by 62% to EUR 6.4mn (previous year: EUR 4.0mn) 
giving an EBIT-margin of 3.1% (previous year: 2.2%). The difference 
to the previously released preliminary EBIT is due to a 
reclassification of earnings from the operating to the financial 
result, which was neutral to net earnings.
EBIT (in  EUR thds.)                2006            2005        +/- %
Pharma & Life Science (PLS)          182           1,715       -89.4%
Ultrapure Water (UPW)              4,939           1,132        +336%
Food & Beverage (F&B)             -1,015          -1,047        +3.1%
Municipal Water Treatment (MWT)    2,339           2,182        +7.1%
CHRIST Group total                 6,445           3,982       +61.8%
Earnings before taxes advanced 79.3% to EUR 4.9mn (2005: EUR 2.7mn). 
Following positive tax effects in the years before, due to better 
results in high tax-countries the tax rate increased to 31.5%. Net 
income rose by 14% to EUR 3.3mn for 2006 corresponding to earnings 
per share of EUR 0.18 after EUR 0.16 based on an unchanged number of 
17,833,500 shares.
Net debt increased from EUR 20.4mn to EUR 34.8mn while equity 
amounted to EUR 43.2mn as of December 31, 2006 (last year: EUR 
41.2mn). The balance sheet total grew from EUR 144.4mn to EUR 
167.4mn. Investments including capital expenditure and acquisitions 
rose to EUR 8.7mn (previous year: EUR 3.1mn)
Takeover of UT&S
Effective January 1st, 2007, CHRIST takes over the company UT&S 
Umwelt-Technik & Service GmbH & Co KG in Birkenfeld/Pforzheim, 
Germany (www.ut-s.de). Within the division Ultrapure Water, UT&S will
be integrated into the Business Unit Process Water & Reuse. CEO Karl 
Michael Millauer: "UT&S enables us to deepen our competence while 
broadening our customer base to which we can offer complete turnkey 
solutions with a strong service in water treatment."
UT&S is active in the resin regeneration, focussing on the reclaim 
and disposal of metal containing effluents as well as the plant 
engineering and construction, especially ion exchange. The profitable
company employs 28 collaborators and achieved a turnover of about EUR
5mn in 2006. Main customers of UT& S are the tool and machine 
manufacturing industry, the solar cells industry, the steel-industry 
(steel erosion process) as well as the pharmaceutical industry.
General manager and hitherto owner of UT& S, Mr. Hermann Dengler: "I 
am convinced to have found the best possible follow-up regulation 
with CHRIST as a strong new partner who will successfully run the 
company in future." Mr. Dengler remains general manager of the 
company.
Outlook
Based on the good order backlog as of year-end 2006 and supported by 
the positive economic conditions in all business units management 
expects double-digit growth in sales and disproportionate growth in 
EBIT in the current year.
Note to the shareholder structure Swisscanto Asset Management AG has 
reported to hold a total of 6.59% of shares of Christ Water 
Technology Group AG.
end of announcement                               euro adhoc 11.04.2007 07:30:00

Further inquiry note:

Christ Water Technology Group
Ralf Burchert, CEFA
ralf.burchert@christ-water.com
Tel.: +43 (0)6232/5011-1113

Branche: Biotechnology
ISIN: AT0000499157
WKN: 675399
Index: WBI, ATX Prime
Börsen: Wiener Börse AG / official market

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Plus de actualités: CHRIST WATER TECHNOLOGY AG