Polytec Holding AG

EANS-Adhoc: Polytec Holding AG
POLYTEC GROUP finalised the exit from the interior business with the sale of the Zaragoza plant

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
Company Information


POLYTEC HOLDING AG today signed an agreement about the sale of the Zaragoza
plant to Celulosa Fabril S.A.

The sale of the Zaragoza plant to Celulosa Fabril S.A is the final step in the 
exit of POLYTEC GROUP from the interior business - we refer also to the ad hoc
announcement from June 9, 2011. In 2011 the plant will achieve  total sales of
approx. 30 mill. EUR with 90 employees.

The transfer of beneficial ownership (closing) will be effective as of January
1, 2012. The sale of the assets in the course of an asset deal will also result
in a minor, positive earnings effect in the first quarter 2012.

The sale- and earnings guidance, given in the course of third quarter reporting,
can be fully confirmed.

Further inquiry note:
POLYTEC GROUP           
Investor Relations

end of announcement                               euro adhoc 

issuer:      Polytec Holding AG
             Linzer Straße 50
             A-4063 Hörsching
phone:       +43 (0) 7221 / 701-0
FAX:         +43 (0) 7221 / 701-0
mail:     investor.relations@polytec-group.com
WWW:      www.polytec-group.com
sector:      Industrial Components
ISIN:        AT0000A00XX9
indexes:     ATX Prime
stockmarkets: official market: Wien 
language:   English

Weitere Meldungen: Polytec Holding AG

Das könnte Sie auch interessieren: