DGAP-News: Masterflex AG / Key word(s): Preliminary Results
Masterflex AG: Provisional figures - guidance exceeded
05.03.2012 / 08:00
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Press Release
Masterflex provisional figures - guidance exceeded
Gelsenkirchen, 5 March 2012 - In 2011, Masterflex AG continued its
successful business development and significantly exceeded its own
guidance. Subject to confirmation by the auditor, the Masterflex Group's
revenue amounted to EUR 53.0 million, 5% more than forecast and 15% more
than in the previous year. Ebit is EUR 7.5 million (forecast: EUR 7.0
million; previous year: EUR 6.4 million). The Ebit margin thus totalled
14.2% (previous year: 14.0%).
'The excellent results prove the quality of our business with high-tech
hoses and connector-systems,' says Dr Andreas Bastin, CEO of Masterflex AG.
'Although we are currently also investing heavily in our
internationalisation and integration within the Group, we still raised the
Ebit margin slightly. That is a good sign for the next few years.'
The Masterflex Group will present the complete and audited annual report
2011 at the Financials Press Conference in Düsseldorf on 29 March 2012.
The Masterflex Group, based in Gelsenkirchen, is a specialist in the
development and production of high-quality connector and hose systems using
innovative high-tech plastics. With operational subsidiaries soon to number
14 in Europe, America and Asia, the Group is represented almost all around
the world. The many potential uses of high-tech hoses, coupled with
outstanding expertise in the processing of high-end plastics, enable
Masterflex to provide solutions that would otherwise be inadequate or
impossible with conventional materials. The Group's 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
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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159186 05.03.2012
DGAP-News: Masterflex AG: Provisional figures - guidance exceeded
| Source: EQS Group AG