Polytec Holding AG

euro adhoc: Polytec Holding AG
quarterly or semiannual financial statement / POLYTEC GROUP - Result for the first quarter 2008 // Sales 203.9 Mill. EUR (+52.2%), EBITDA 17.2 Mill. EUR (27.3%), Earnings per share 0.28 (+12.4%)

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3-month report


Sales of POLYTEC GROUP increased in the first quarter 2008 by 52.2% to EUR 203.9 mill.. The positive sales development was mainly driven by the sales contribution of the new companies, acquired during the financial year 2007. The increase of the EBITDA of POLYTEC GROUP by 27.3% to EUR 17.2 mill. is mainly attributable to the new group structure after integration of POLYTEC Intex and POLYTEC Composites Germany. The EBITDA equals an EBITDA margin of 8.4%. The EBIT grew analogues to the development of the EBITDA. It increased by 15.7% to EUR 10.5 mill.. The financial results of POLYTEC GROUP decreased, compared to previous years period, from EUR -0.4 mill. to EUR -1.6 mill.. This effect was besides the acquisitions of the 9.59 % stake in GRAMMER AG also attributable to the revaluation of the foreign currency positions and of the derivative interest rate contracts. The net income increased by 12.4% to EUR 6.2 mill.. This equals earnings per share of EUR 0.28.

in EUR million                      Q1 2008 Q1 2007 Change in %
Sales                                      203.9    134.0  52.2%
EBITDA                                    17.2      13.5    27.3%
EBIT                                        10.5      9.1      15.7%
Net income                              6.2        5.6      12.4%

EBITDA Margin                        8.4%      10.1%
EBIT Margin                          5.1%      6.8%

Earnings per Share (in EUR)  0.28      0.25    12.4%

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

Further inquiry note:
POLYTEC GROUP                
Investor Relations

Branche: Industrial Components
ISIN:      AT0000A00XX9
WKN:        A0CA1R
Index:    ATX Prime
Börsen:  Wiener Börse AG / official market

Weitere Meldungen: Polytec Holding AG

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