Corporate | 23 August 2007 08:45
H.P.I. Holding AG / IPO Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- H.P.I. Holding AG: Listing on the Open Market of Frankfurt Stock Exchange H.P.I. Holding AG announcing details about its Open Market listing Munich, 23 August 2007: H.P.I. Holding AG (WKN: 600190; ISIN: DE0006001902) is announcing its listing on the Open Market of Frankfurt Stock Exchange. In an initial public offering 12.45 million of the 15.6 million H.P.I. Holding AG shares were floated on the Open Market of the Frankfurt Stock Exchange on 9 August 2007 with a calculatory value of EUR 1 of the capital stock. The listing was executed at a price of EUR 1 and a subsequent market capitalisation of EUR 15.6 million. A capital increase was not executed in the course of listing. Experts for specialised manufacturing companies H.P.I. Holding AG focuses on acquiring the majority stake in specialised manufacturing companies. The holding invests in SME niche operators, which have established a leading position in their respective markets. Based on a long-term commitment to acquired companies the objective is to increase their value by developing them strategically and enhancing their market position. Currently H.P.I. AG holds two majority stakes. On the one hand it holds 100 percent of August Berger Metallwarenfabrik GmbH – a European leader in the field of clamping rings to seal barrels with sales in excess of EUR 30 million. On the other hand the company holds 100 percent of Zimmer & Kreim GmbH & Co. KG – a developer and manufacturer of eroding machines, handling systems and software solutions for the tooling and injection-moulding industries generating sales of around EUR 11.5 million. Zimmer & Kreim is the technological world leader in the segment systems providers, i.e. networking eroding machines and handlings systems with software. Fiscal year 2006: Profitability and market position improved In the fiscal year 2006 H.P.I. Holding AG increased its profitability and improved its market position. The company generated sales of EUR 43.1 million (2005: EUR 41.9) and an EBIT of EUR 2.4 million after EUR 1.2 million as of 31 December 2005. Net income after minorities amounted to EUR 1.2 million as of 31 December 2006, after EUR 0.8 million in the previous period. With total assets of around EUR 34.5 million and shareholder’s equity in excess of EUR 21 million H.P.I. Holding AG is in sound financial shape with an equity ratio of 62 percent. 'As in the past years we are aiming at exceeding our internal plans as well as our growth figures for sales and income in the current 2007 fiscal year. We see listing at the stock exchange as another milestone in pursuing our corporate objectives and especially in continually enhancing the market position of H.P.I. AG. At the same time listing the company puts us in an excellent position when it comes to raising finance to fund our future growth strategy,' explains Jörg Rafael, H.P.I. Holding AG Chairman. The Chairman About H.P.I. Holding AG: H.P.I. Holding AG focuses on acquiring majority stakes in specialised SME manufacturing companies. The holding invests in SME niche operators, which have established a leading position in their respective market segment. The value of these companies is to be increased by strategically developing them in a long-term commitment and by introducing know-how in the fields of controlling, cost management, investment, finance and expansion. Currently H.P.I. Holding AG holds two major stakes. These include August Berger Metallwarengabrik GmbH – a European market leader in the field of clamping rings which are mainly used to seal barrels – and Zimmer & Kreim GmbH & Co. KG – a developer and manufacturer of eroding machines, handling systems and software solution for the tooling and injection-moulding industries. Zimmer & Kreim is the technological world leader in the segment systems providers, i.e. networking eroding machines and handling systems with software. H.P.I. Holding AG is listed on the Open Market of the Frankfurt Stock Exchange. Company contact: H.P.I Holding AG Mannhardtstrasse 6 D-80538 München www.hpi-holding.de Phone: +49 (0)89 - 45 22 098 - 0 Fax: +49 (0)89 - 45 22 098 - 22 info@hpi-holding.de Agency contact: GFEI Gesellschaft für Effekteninformationen mbH Carl Bosch Haus Hamburger Allee 26-28 60486 Frankfurt am Main Phone: +49 (0)69 - 743 037 - 00 Fax: +49 (0)69 - 743 037 - 22 www.gfei.de ir-hpi@gfei.de 23.08.2007 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: H.P.I. Holding AG Mannhardtstr. 6 80538 München Deutschland Phone: 089 / 45 22 098 - 0 Fax: 089 / 45 22 098 - 22 E-mail: info@hpi-holding.de Internet: www.hpiholding.de ISIN: DE0006001902 WKN: 600190 Indices: Listed: Open Market in Frankfurt End of News DGAP News-Service ---------------------------------------------------------------------------