DGAP-News: Turbon AG: Financials for first quarter 2011


DGAP-News: Turbon AG / Key word(s): Quarter Results
Turbon AG: Financials for first quarter 2011

16.05.2011 / 16:03

---------------------------------------------------------------------

Turbon AG - Financials for first quarter 2011

Consolidated sales of the Turbon Group in the first quarter 2011 of 21.1
million Euro (previous year 19.0 million Euro) were 2.1 million Euro above
previous year and by this within plan. EBIT (earnings before interest and
taxes) were 1.8 million Euro (previous year 1.6 million Euro), result from
ordinary operations was 1.6 million Euro (previous year 1.35 million Euro)
and group net income was 1.0 million Euro (previous year 0.8 million Euro).
For the financial year 2011 we continue to expect consolidated sales of
84.0 million Euro and consolidated profits before taxes of at least 5.5
million Euro. The complete interim report for the first quarter 2011 will
be available following the Supervisory Board Meeting on May 18, 2011 at
Turbon AG, Sekretariat, Ruhrdeich 10, 45525 Hattingen or at our website
www.turbon.de.
Hattingen, May 16, 2011
Turbon AG


End of Corporate News

---------------------------------------------------------------------

16.05.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------


Language:    English                                              
Company:     Turbon AG                                            
             Ruhrdeich 10                                         
             45525 Hattingen                                      
             Deutschland                                          
Phone:       +49 (0)2324 - 504-0                                  
Fax:         +49 (0)2324 - 504-156                                
E-mail:      info@turbon.de                                       
Internet:    http://www.turbon.de                                 
ISIN:        DE0007504508                                         
WKN:         750450                                               
Listed:      Regulierter Markt in Düsseldorf, Frankfurt (General  
             Standard); Freiverkehr in Berlin, Hamburg, München,  
             Stuttgart                                            
 
 
End of News    DGAP News-Service  
---------------------------------------------------------------------  
124860 16.05.2011