Alphaform AG / Interim Report
04.05.2010 15:00
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Feldkirchen, 4 May 2010
The first quarter of fiscal year 2010 is marked by the still weak economic
situation, particularly at the beginning of the year. A significant
recovery has started in the second half of the quarter.
- With revenues of EUR4,300,000 the first quarter of 2010 were down by
21.9% compared to the corresponding prior-year figure of EUR5,508,000.
Compared to the fourth quarter of 2009 revenues were down by 9.7% from
EUR4,763,000.
- The Group's booked business amounted to EUR1.0 million as of 31 March
2010 without MediMet (previous year: EUR1.9 million without MediMet).
- EBITDA increased slightly from minus EUR228,000 in the first quarter of
2009 to minus EUR190,000 the first quarter of 2010. Compared to the fourth
quarter of 2009 EBITDA increased distinctly by EUR826,000. Adjusted by
special items (restructuring, impairment on accounts receivables and site
relocation metal center) EBITDA has improved by EUR153,000.
- Consolidated net income after interest and taxes increased year-on-year
by EUR144,000 from minus EUR872,000 in the first quarter of 2009 to minus
EUR728,000 in the first quarter of 2010.
- Earnings per share increased from minus EUR0.16 in the first quarter of
2009 to minus EUR0.14 in 2010.
- Net cash from operating activities were down by EUR605,000 to
EUR1,842,000 in the first three months of 2010 compared to minus
EUR1,237,000 in the first three months of 2009.
- The number of employees in full time equivalents on the reporting date 31
March 2010 was 188 (previous year: 210 employees).
Overall, we expect a slight revenue growth at group level. The traditional
business will stabilize at approximately the previous year's level, where
the decline in the Formula 1 business will be compensated by growth in the
segments of medical, industrial and automotive. In the field of medical
implants and instruments, we expect a recovery as already anticipated last
year.
The entire interim report on Q1 2010 will be published on 12 May 2010 and
will be available on our website www.alphaform.de - rubric IR/Reports.
Alphaform AG
Investor Relations
Tel.: 089-90 500 235
Fax: 089-90 500 21035
e-Mail: ir@alphaform.de
04.05.2010 15:00 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|]
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Language: English
Company: Alphaform AG
KapellenstraÃe 10
85622 Feldkirchen
Deutschland
Phone: +49 (0)89 905002 - 0
Fax: +49 (0)89 905002 - 90
E-mail: ir@alphaform.de
Internet: www.alphaform.de
ISIN: DE0005487953
WKN: 548795
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart, Hamburg
End of News DGAP News-Service
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DGAP-Adhoc: Alphaform AG: With interim report for Q1 2010
| Source: EQS Group AG