DGAP-News: Masterflex AG: Successful business in Q1 2012


DGAP-News: Masterflex AG / Key word(s): Quarter Results
Masterflex AG: Successful business in Q1 2012

07.05.2012 / 11:00

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Press Release

Masterflex AG: Successful business in Q1 2012 

Gelsenkirchen, 7 May 2012 - Masterflex AG, a global specialist in the
development and production of high-quality connector systems using
high-tech plastics, has had a successful start to 2012. Revenue increased
by 4.2% to EUR14.5 million (previous year: EUR13.9 million). EBIT is at
EUR2.1 million and the EBIT margin is 14.6%. Net profit for the year
amounts to EUR1.1 million. This corresponds to earnings of EUR0.12 per
share.

Dr. Andreas Bastin, CEO of Masterflex, commented: 'The sound EBIT margin of
14.6% again shows clearly that our business model - the development,
production and consultation-oriented sale of high-tech connector solutions
- is highly profitable, despite initial costs for internationalisation.'

|[![CDATA[|[pre|]]]|]

                                                31 Mar    31 March   Cha-
                                                  2012        2011    nge
Consolidated revenue (EUR thou.)                14,511      13,929   4.2%
EBITDA (EUR thou.)                               2,761       3,014   -8.4%
                                                                        -
EBIT (EUR thou.)                                 2,124       2,399   11.5%
EBT (EUR thou.)                                  1,734       1,764   -1.7%
Consolidated earnings from continued business    1,137       1,252   -9.2%
units (EUR thou.)
Consolidated earnings from discontinued             -6        -278   97.8%
business units (EUR thou.)
Consolidated net income/loss (EUR thou.)         1,063         935   13.7%
Earnings per share (EUR)                          0.12        0.11   9.1%
EBIT margin                                      14.6%       17.2%
Employees                                          472         431   9.5%
                                                31 Mar    31 March   Chan
                                                  2012        2011     ge
Consolidated equity (EUR thou.)                 17,460      16,239   7.5%
Consolidated total assets (EUR thou.)           51,017      50,930   0.2%
Consolidated equity ratio (%)                    34.2%       31.9%


|[![CDATA[|[/pre|]]]|]

The interim report has confirmed the provisional figures (disclosure dated
24 April 2012).

Masterflex is now progressing further on its long-term oriented development
course. 'We are investing in the future with a transparent objective: We
intend to be a global market leader in all of the markets we serve.
Extending from our German and European basis, we are creating today the
foundation for the additional business of tomorrow, in order to be more
strongly anchored in the most dynamic regions of the world,' says Bastin.

The next date in the financial calendar is the Annual General Meeting on 19
June at 11.00 a.m. in Gelsenkirchen.

The Masterflex Group is a specialist in the development and production of
high-quality connector and hose systems. With 13 operating units in Europe,
America and Asia, the Group is represented almost all over the world. Its
growth is driven by internationalisation and innovation. Masterflex shares
have been listed as Prime Standard on the German stock exchange since 2000.

Contact: Dr. Annette Littmann, annette.littmann@masterflex.de
Phone + 49 209 970 77 44


End of Corporate News

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Language:    English                                               
Company:     Masterflex AG                                         
             Willy-Brandt-Allee 300                                
             45891 Gelsenkirchen                                   
             Germany                                               
Phone:       +49 (0)209 97077-44                                   
Fax:         +49 (0)209 97077-20                                   
E-mail:      annette.littmann@masterflex.de                        
Internet:    www.masterflex.de                                     
ISIN:        DE0005492938                                          
WKN:         549 293                                               
Indices:     Prime all share                                       
Listed:      Regulierter Markt in Frankfurt (Prime Standard);      
             Freiverkehr in Berlin, Düsseldorf, Hamburg, München,  
             Stuttgart                                             
 
 
End of News    DGAP News-Service  
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