Ad-hoc | 17 May 2013 12:30
Dr. Hönle AG / Key word(s): Half Year Results
17.05.2013 12:30
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According to preliminary figures, sales generated by the Hönle Group in the
first six months of the current financial year climbed 5.7 % to TEUR
36,133, in comparison with the previous year. This increase was caused by
the consolidation of new Group companies, among other things. After
reaching TEUR 3,099 in the previous year's period, the operating result
(EBIT) stood at TEUR 3,128 in the current financial year. Pre-tax profit
declined from TEUR 2,981 to TEUR 2,765 and the consolidated result amounted
to TEUR 2,051 (PY: TEUR 2,013) which translates into earnings per share of
EUR 0.35 (PY: EUR 0.35).
Consequently, the EBIT margin is 8.4 % in the current financial year after
being 9.1 % in the previous year. Net profit on sales saw a slight drop of
5.9 % to 5.7 % in the same period. Hönle Group's equity ratio stood at 58.2
%.
Outlook:
The Hönle Group recorded restrained demand for capital and consumer goods
with respect to both the 'equipment and systems' and the 'glass and lamps'
segments in the first six months of the 2012/2013 financial year; this
contributed significantly to the sales and earnings level lagging behind
expectations. However, Hönle assumes that sales will pick up in the
third and fourth quarter.
Management is aiming at achieving sales revenues of between EUR 75 to 80
million for the Hönle Group in financial year 2012/2013 (previously EUR 80
to 85 million) and an operating result of EUR 8 to 9 million (previously
EUR 10 to 12 million).
Hönle Group's three business fields, 'equipment and systems', 'glass and
lamps' and 'adhesives' provide both risk diversification and sufficient
growth potential for the future. Management is therefore continuing to
pursue its target of achieving the sales threshold of EUR 100 million
within the next two years.
Grafix GmbH already contributed positively to Hönle Group earnings in the
first quarter of consolidation. Favourable business development is also
planned for the third and fourth quarter.
Hönle will publish the 6-month report for 2012/2013 as planned on 24 May,
2013.
About Hönle:
Dr. Hönle AG is a listed technology company with head office in Gräfelfing,
near Munich. With a staff level of ca. 500 employees, the Hönle Group is
one of the world's leading systems suppliers in the UV technology segment.
The equipment and systems are used for drying inks and coatings, curing
adhesives and plastics, disinfecting surfaces, and in the simulation of
natural sunlight. The Company's business activities also include the
development and sale of industrial adhesives and casting compounds. In
addition, the Group manufactures UV lamps that are used in water
sterilisation and for other applications, and produces tubing and
semi-finished goods made of quartz glass that are used by various branches
of industry. The Hönle Group is represented worldwide at 50 locations in
more than 20 countries by own companies and sales partners.
Contact:
Peter Weinert, Tel. +49 89 85608 173, E-Mail
peter.weinert@hoenle.de
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Language: English
Company: Dr. Hönle AG
Lochhamer Schlag 1
82166 Gräfelfing
Germany
Phone: +49 (0)89 85608 0
Fax: +49 (0)89 85608 148
E-mail: uv@hoenle.de
Internet: www.hoenle.de
ISIN: DE005157101
WKN: 515710
Indices: Technology All Share
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart
End of Announcement DGAP News-Service
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