Pongs und Zahn AG

Pongs & Zahn Aktiengesellschaft:

half-yearly-report 2006

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In the first six months of the current financial year Pongs & Zahn Aktiengesellschaft achieved sales at the consolidated Group level totalling EUR 41,104,000 (2005, Pongs & Zahn AG: EUR 28,444,000), 100 percent of which were accounted for by the plastics segment. The rapid increase over the first six months of 2005 was based again on the continued expansion of the plastics trading business with major international customers and on the consolidation of Group companies in this segment.. As earnings for the period the Pongs & Zahn Group is showing a profit for the first six months of 2006 of EUR 974,000 (2005, Pongs & Zahn AG: EUR 400,000). Because of the exercising of option rights the basic capital of our company as of 30th June 2006 has risen since the closing date for the accounts on 31st March 2005 by EUR 132,000, and now stands at EUR 35,772,000. The Group’s equity ratio in the first six months of 2006 thus amounted to approximately 56 percent.

Note: Pongs & Zahn Aktiengesellschaft is reporting since its quarterly report as of 31st March 2006 under the International Financial Reporting Standards (IFRS) in the form applicable in the EU. This means that the figures are no longer comparable with those for earlier reporting periods. The following companies, in addition to Pongs & Zahn AG, are included in the Group consolidated accounts: PONACHEM Compound GmbH, Hamburg (90 % share-ownership), VALUE PLAST AG, Munich (100 % share-ownership) and ALTUS Service GmbH, Hamburg (100 % share-ownership).

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ots Originaltext: Pongs und Zahn AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Martin Bretag
Investor Relations
Telefon: +49 (0) -89710-114
E-Mail: bretag@pongsundzahn.de

Branche: Synthetics & Plastics
ISIN:      DE0006954001
WKN:        695400
Index:    CDAX, Prime All Share
Börsen:  Frankfurter Wertpapierbörse / official dealing/prime standard
              Börse Berlin-Bremen / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Bayerische Börse / free trade
              Börse Düsseldorf / official dealing

Weitere Meldungen: Pongs und Zahn AG

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