DGAP-News: CENTROTEC Sustainable AG / Key word(s): Final Results/Forecast
CENTROTEC Sustainable AG: Revenue and earnings up slightly year on year -
cautiously optimistic outlook for 2016
22.03.2016 / 07:30
The issuer is solely responsible for the content of this announcement.
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Brilon, March 22, 2016: CENTROTEC Sustainable AG, Brilon, increased its
revenue by 3.6 % in the 2015 financial year, taking the total to EUR 549.8
million (previous year EUR 530.5 million). The operating result (EBIT) rose
by the same rate to EUR 32.1 million (previous year EUR 31.0 million). The
reduced interest expense and a lower effective tax rate yielded improved
earnings per share (EPS) of EUR 1.18 (previous year EUR 1.00). The
shareholders are to participate in this development and in the
further-improved financial structure through an increased dividend of EUR
0.25 (previous year EUR 0.20).
CENTROTEC believes it is well positioned to profit from the bright medium
and long-term prospects offered by the global megatrends of energy
efficiency and climate protection. In the short term, too, the key
framework conditions are fundamentally positive, with continuing growth for
the core market Germany and a gradual recovery in some European markets for
heating and climate control solutions. On the other hand the development in
energy prices is difficult to forecast. A low level over an extended period
will inhibit the propensity to invest in energy-saving heating and
ventilation technology. A renewed flaring-up of the still-simmering
conflicts in Russia and the Arab world as well as the latent problems in
the eurozone could equally undermine the business performance in the
current year.
Against this backdrop, CENTROTEC anticipates moderate growth in revenue
(EUR 550 to 570 million) and in the operating result (EBIT EUR 32 to 35
million) for the 2016 financial year as a whole.
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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22.03.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP 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: 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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447561 22.03.2016
DGAP-News: CENTROTEC Sustainable AG: Revenue and earnings up slightly year on year - cautiously optimistic outlook for 2016
| Source: EQS Group AG