DGAP-News: Turbon AG: Financials 2011


DGAP-News: Turbon AG / Key word(s): Final Results
Turbon AG: Financials 2011

16.03.2012 / 10:07

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Turbon AG: Financials 2011

In the year 2011 the following preliminary sales and results were achieved:
consolidated sales in the financial year were Euro 80.7 million (previous
year: Euro 75.7 milllion). EBIT was Euro 6.5 million (previous year: Euro
4.8 million) and the result from ordinary operations was Euro 5.5 million
(previous year: Euro 3.9 million). After deduction of income taxes, the
group net income in 2011 was Euro 3.4 million (previous year: Euro 2.2
million).

We are planning consolidated sales between Euro 86 and 90 million for the
financial year 2012. By achieving consolidated sales at the lower end of
the mentioned range we expect the same consolidated profit before taxes as
in 2011; any additional sales should then allow an improvement in
consolidated profit before taxes.

The Supervisory Board Meeting resolving the 2011 financials will take place
on April 19, 2012. Subject in this meeting will also be the dividend
recommendation to the annual shareholder meeting taking place on June 21,
2012 in Hattingen. The complete annual report for the fiscal year 2011 will
be published on April 20, 2012 on our website at www.turbon.de and will be
available at Turbon AG (Sekretariat, Ruhrdeich 10, 45525 Hattingen) from
April 30, 2012.

Hattingen, March 16, 2012
Turbon AG


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Language:    English                                              
Company:     Turbon AG                                            
             Ruhrdeich 10                                         
             45525 Hattingen                                      
             Germany                                              
Phone:       +49 (0)2324 - 504-0                                  
Fax:         +49 (0)2324 - 504-156                                
E-mail:      info@turbon.de                                       
Internet:    http://www.turbon.de                                 
ISIN:        DE0007504508                                         
WKN:         750450                                               
Listed:      Regulierter Markt in Düsseldorf, Frankfurt (General  
             Standard); Freiverkehr in Berlin, Hamburg, München,  
             Stuttgart                                            
 
 
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