Balda AG / Key word(s): Final Results 11.12.2013 18:53 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Bad Oeynhausen, 11 December 2013 - The Balda Group posted consolidated sales of EUR 59.9 million from continuing operations in the 2012/2013 financial year ended 30 June 2013. This figure includes the sales of the US companies Balda C. Brewer and Balda HK Plastics, which were consolidated from 1 January 2013. In the 2012 short financial year (1 January to 30 June 2012), consolidated sales had amounted to EUR 11.7 million. Adjusted for extraordinary items, earnings before interest, taxes, depreciation and amortization (EBITDA) improved by EUR 6.7 million over the 2012 short financial year (EUR -2.6 million) to EUR 4.1 million; consolidated EBITDA including extraordinary items totaled EUR 4.9 million. The Group's comprehensive income was EUR 13.5 million (2012 short financial year: EUR 250.7 million). Since the sale of the shares in TPK Holding generated substantial cash funds for the Balda Group, the Management Board and the Supervisory Board will propose to the General Meeting on 28 January 2014 to pay a special dividend of EUR 1.50 per share for the 2012/2013 financial year. This would correspond to a dividend payment of EUR 88.3 million. Assuming that macroeconomic conditions do not deteriorate significantly and barring any other unforeseeable adverse effects that have a material impact on the Balda Group, the Management Board aims to achieve, based on the current portfolio, i.e. without further possible acquisitions, consolidated sales of EUR 70 million to EUR 80 million and a single-digit EBITDA margin (based on sales) in the 2013/2014 financial year. Consolidated earnings before taxes are also expected to be positive on the basis of positive EBITDA. Contact: Michael Pfister Deekeling Arndt Advisors Tel: +49 (0) 5734 922 2555 Mail: michael.pfister@deekeling-arndt.de 11.12.2013 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: Balda AG Bergkirchener Str. 228 32549 Bad Oeynhausen Germany Phone: +49 (0) 57 34 / 9 22-0 Fax: +49 (0) 57 34 / 9 22-2604 E-mail: info@Balda.de Internet: www.balda.de ISIN: DE0005215107 WKN: 521510 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Balda announces substantially improved operating earnings for 2012/2013 - Special dividend of EUR 1.50 per share proposed
| Source: EQS Group AG