DGAP-News: CFC Industriebeteiligungen AG enhances the positive results of the first quarter in the second quarter

CFC Industriebeteiligungen AG / Half Year Results

17.08.2010 07:57 

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++EBITDA in the 2nd quarter at EUR 1.5mn (2009: EUR -18.1mn)
++EBITDA in the 1st half at EUR 2.2mn (2009: EUR -17.7mn)
++Group result in the 1st half at EUR 0.2mn (2009: EUR -27.9mn)
++Revenue in the 1st half approx. 27 percent above the comparable period 
of the previous year
++Cash flow from operating activities in the 1st half increases to EUR
4.0mn

Dortmund, August 17th, 2010

With a strong second quarter 2010, CFC Industriebeteiligungen AG (ISIN:
DE000A0LBKW6), Dortmund, has continued the already positive trend of the
first quarter and, therefore, confirmed the operative turnaround. All
profitability-oriented ratios for the group are clearly positive again. CFC
draws up the balance exclusively according to German GAAP.

In the second quarter, an EBITDA of EUR 1.5mn has been generated, compared
to minus EUR 18.1mn in the same period of the previous year. For the
complete first half of fiscal year 2010, EBITDA sums up to a total of EUR
2.2mn. By comparison: In the first half of 2009, the group had a negative
EBITDA of EUR 17.7mn. The group's net income in the first half of 2010 in
the amount of EUR 0.2mn was also positive. In contrast, in the first half
of 2009 a net loss in the amount of minus EUR 27.9mn had been realised.

Group sales for the first half of 2010 in the amount of EUR 38.5mn exceed
the sales volume today's portfolio companies generated in the same period
of the previous year by 27 percent. In the first half of 2009, group sales
in the amount of EUR 68.1mn included considerable revenues of meanwhile
divested companies.

On June 30th 2010, total equity of the group amounted to EUR 12.9mn,
compared to roughly EUR 12.6mn at the end of fiscal year 2009. The equity
ratio of the group equals approx. 25.2 percent.

The cash flow from operating activities was with EUR 4.0mn significantly
positive in the first half of 2010, compared to minus EUR 14.6mn in the
same period of 2009. Cash and cash equivalents in the group further
increased and amounted to EUR 6.3mn on June 30th 2010.

These positive earnings and cash flow figures are proof for the
effectiveness of the measures CFC Industriebeteiligungen AG had initialized
in 2009 and continued in the first half of 2010.

CFC feels vindicated in the course it adopted in 2009 by the results of the
first half of 2010 and finds itself well positioned for the future. In the
next months, the achieved results on the portfolio company level will be
further developed and the portfolio, by means of acquisitions, specifically
enhanced.

Today, Tuesday august the 17th at 12:30pm, the management board of CFC will
conduct a telephone conference for investors, analysts, and media
representatives. In this conference the figures of the first half of 2010
and the perspective for future business will be outlined in detail. The
free of charge dial-in is 0800/ 1012072. The required password for access
can be requested from Dr. Rainer Brändle, edicto GmbH, under +49 69
905505-50 or rbraendle@edicto.de.

The complete report for the first half is available for download at the
company website (http://www.cfc.eu.com) under Investor Relations/Financial
Reports.

Contact:
CFC Industriebeteiligungen AG
Ingo Wurzer
Phone: +49 231 222 40 500
Fax: +49 231 222 40 501
eMail: info@cfc.eu.com




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