technotrans AG / Key word(s): Quarter Results
08.11.2011 06:56
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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The technotrans Group maintained the recent trend in generating slightly
more revenue in the third quarter of the financial year than in the two
preceding quarters. Revenue rose by 20.1 percent to EUR 25.8 million
(prior-year quarter EUR 21.4 million). After nine months, revenue therefore
reached EUR 74.1 million, a gain of 19.0 percent. The acquisition of
Termotek AG once more accounted for slightly more than half of growth, but
core business in the printing industry and services also progressed well.
Despite adverse exchange rate movements the operating result (EBIT) reached
EUR 1.9 million for Q3 2011 (prior-year quarter EUR 0.9 million), an
increase of 112.3 percent. This represents an EBIT margin of 7.5 percent as
against 4.2 percent in the prior-year quarter and 6.0 percent in the
preceding quarter. EBIT at the nine-month mark amounted to EUR 4.6 million
(previous year EUR 2.5 million, including benefits from short-time, +87.4
percent).
The effective tax rate remained virtually unchanged at 40.8 percent for the
three quarters because the profit contributions of certain international
subsidiaries were low. Net income for the first nine months reached EUR 2.4
million (previous year EUR 1.5 million, +60.9 percent). This corresponds to
earnings per share of EUR 0.37 (previous year EUR 0.23) for shares
outstanding.
The full Interim Report is available for download at www.technotrans.com,
Investor Relations, Financial Reports.
Contact: technotrans AG, Investor Relations, Thessa Roderig, phone +49 2583
301-1887
08.11.2011 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: technotrans AG
Robert-Linnemann-Str. 17
48336 Sassenberg
Germany
Phone: +49 (0)2583 - 301 - 1000
Fax: +49 (0)2583 - 301 - 1030
E-mail: info@technotrans.de
Internet: http://www.technotrans.de
ISIN: DE000A0XYGA7
WKN: A0XYGA
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of Announcement DGAP News-Service
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DGAP-Adhoc: technotrans AG: figures for Q32 and 9M 2011
| Source: EQS Group AG