Turbon AG / Key word(s): Quarter Results 08.05.2012 18:23 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. --------------------------------------------------------------------------- Turbon AG - Financials for first quarter 2012 Both sales and earnings figures for the first quarter are on track. Turbon Group sales for the first three months of 2012 were Euro 21.8 million and increased by 3.5% versus previous year's sales (Euro 21.1 million). Earnings before interest and tax (EBIT) in the first three months of the year were Euro 1.9 million (previous year: Euro 1.8 million). The earnings from ordinary operations were Euro 1.7 million (previous year: Euro 1.6 million) and the consolidated net profit was Euro 1.1 million (previous year: Euro 1.0 million). The development of sales in the USA was encouraging as well. In fact, during the most recent completed month of April 2012, we achieved the highest monthly sales total in the USA since the end of the business relationship with Staples/Corporate Express. We are confident that this trend will continue and we will overall achieve the full year 2012 planned sales of between Euro 86 - 90 million. Notwithstanding the fact that during the second half of 2012 we forecast with a lower overall gross margin, we now strive for full year 2012 earnings before tax of Euro 6.0 million. The complete interim report for the first three months of 2012 will be available following the Supervisory Board Meeting on May 16, 2012 at Turbon AG, Sekretariat, Ruhrdeich 10, 45525 Hattingen or at our website www.turbon.de. Hattingen, May 08, 2012 Turbon AG 08.05.2012 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 Germany 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 Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Turbon AG: Financials for first quarter 2012
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