SURTECO SE / Key word(s): Final Results/Preliminary Results
16.03.2011 07:57
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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SURTECO SE, leading manufacturer of surface materials based on plastics and
technical papers for the international construction and furnishing
industry, generated sales of EUR 388.8 million in the business year 2010
and was therefore 14 % above the volume for 2009 (EUR 341.1 million). While
foreign sales increased by 19 %, an increase of 5 % was posted in the
German market. The proportion of foreign sales rose by three percentage
points to 67 %.
The Strategic Business Unit Plastics closed the business year with sales of
EUR 226.4 million. This corresponds to a rise of 8 %. The paper segment
generated sales of EUR 162.4 million (+24 %).
The SURTECO Group generated an operating result (EBITDA) of EUR 62.5
million in 2010, some 15 % more than in 2009 (EUR 54.3 million). The pretax
result (EBT) rose by EUR 14.4 million or 82 % to EUR 32.0 million. This was
due to a significant improvement in the financial result from EUR -16.9
million to EUR -9.6 million. In 2009, the unfavourable share price
performance of a package of shares in Pfleiderer AG, Neumarkt, necessitated
an impairment amounting to EUR 6.0 million (2010: EUR 0.4 million).
SURTECO SE will publish the complete, audited annual financial statements
for the business year 2010 on 29 April 2011.
16.03.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: SURTECO SE
Johan-Viktor-Bausch-Str. 2
86647 Buttenwiesen-Pfaffenhofen
Deutschland
Phone: +49 (0)8274 99 88-0
Fax: +49 (0)8274 99 88-5 05
E-mail: g.schneller@surteco.com
Internet: www.surteco.com
ISIN: DE0005176903
WKN: 517 690
Listed: Regulierter Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin, Düsseldorf, Stuttgart
End of Announcement DGAP News-Service
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DGAP-Adhoc: SURTECO SE: Preliminary results for 2010
| Source: EQS Group AG