DGAP-News: CENTROTEC Sustainable AG / Key word(s): Quarter Results
CENTROTEC Sustainable AG: CENTROTEC revenue and earnings up on
previous year; forecast confirmed
13.05.2015 / 07:30
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Brilon, May 13, 2015: CENTROTEC Sustainable AG, Brilon, achieved revenue
growth of 1.2 % in the first quarter of 2015, taking it to EUR 120.9
million (previous year EUR 119.5 million). The operating result (EBIT) was
increased from EUR 1.8 million to EUR 4.2 million. This figure benefited
from positive exchange effects worth EUR 1.4 million. The prior-year figure
moreover included negative non-recurring effects amounting to EUR 1.0
million. In addition, improvements to the interest result and effective tax
rate boosted earnings per share (EPS) to EUR 0.11 (previous year EUR 0.02).
This favourable development stemmed from the greater stability in the
German heating market in recent months, along with a cautiously positive
trend in various international markets. However in terms of the full-year
performance it must be remembered that the first-quarter earnings only
provide a limited indication of developments over the year as a whole, as
they are based on relatively low absolute figures for a season that is
highly weather-dependent. Furthermore, a large range of macroeconomic
challenges such as the euro crisis and the Ukraine conflict have not gone
away and therefore make it more difficult to forecast the development later
on in the year.
Against this backdrop, CENTROTEC adheres to its expectations for the full
year of 2015 and anticipates revenue and an operating result (EBIT) on a
par with the previous year.
CENTROTEC Sustainable AG
CENTROTEC Sustainable AG enjoys a presence in around 50 different countries
through subsidiaries and sales partners. The principal group companies are
Wolf, Brink Climate Systems and Ned Air in the Climate Systems segment,
specialising in heating, climate control and ventilation technology e.g. in
the form of solar thermal systems, CHP units and home ventilation systems
with heat recovery, as well as Ubbink and Centrotherm in the Gas Flue
Systems segment, with their focus on gas flue and air piping systems.
CENTROTEC is consequently Europe's only listed full-service provider of
heating and climate control technology, solar thermal systems and
energy-saving solutions for buildings.
CENTROTEC Sustainable AG, Am Patbergschen Dorn 9, D-59929 Brilon, Germany
ISIN: DE0005407506, WKN: 540750, home stock exchange: Frankfurt/ Main;
indices: Prime All Share, Prime Industrial
For further information, contact:
CENTROTEC Sustainable AG, Carsten Vogt, Tel.: +49 (0)2961 96631-103 or
MetaCom GmbH, Georg Biekehör, Tel.: +49 (0)6181 98280-30
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Language: English
Company: CENTROTEC Sustainable AG
Am Patbergschen Dorn 9
59929 Brilon
Germany
Phone: +49 (0)2961 96631-0
Fax: +49 (0)2961 96631-100
E-mail: ir@centrotec.de
Internet: www.centrotec.de
ISIN: DE0005407506
WKN: 540750
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of News DGAP News-Service
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356969 13.05.2015
DGAP-News: CENTROTEC Sustainable AG: CENTROTEC revenue and earnings up on previous year; forecast confirmed
| Source: EQS Group AG