Corporate | 5 August 2008 17:33
H.P.I. Holding AG / Final Results
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.
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Publishing Annual Report 2007
+++ H.P.I. Group’s sales increase by 17 percent to almost € 50 million.
+++ EBIT positive despite strong increases in commodity prices, one-off
expenses for listing
the company on the Frankfurt Stock Exchange as well as investments
into the future of
€ 1.6 million.
+++ Positive outlook for the fiscal year 2008 confirmed
Munich, August 05. 2008: H.P.I. Holding AG (WKN – Security identification
number: 600190; ISIN: DE0006001902) today released its figures and its
annual report for the year 2007. Group sales in the fiscal year 2007 were
up € 7.1 million or 17 percent against the previous year, reaching € 49.2
million. The fact that the export rate has been increasing for years is
extremely positive, and in the fiscal year 2007 it reached 26 percent. EBIT
reached € 1.6 million and was lower than the previous year’s figure of €
2.4 million. Earnings were impacted by increased prices for commodities in
the period under review, even if they were contractually adjusted during
the fiscal year, one-off expenses for listing the company on the Frankfurt
Stock Exchange as well as investments and start-up costs for medium to
long-term company growth.
'In the fiscal year 2007 the strategic targets – expanding and enhancing
the respective niches – for both our wholly-owned subsidiaries were reached
successfully. We are continuing to push our internationalisation strategy
and our efforts to enhance our customer base. In general we are assuming
increasing sales and earnings figures for the fiscal year 2008 given the
good conditions prevailing and the contractually agreed increase in prices
to adjust for higher commodity expenses,' explains Jörg Rafael, CEO of
H.P.I. Holding AG.
From now the annual report can be downloaded from the website at
http://www.hpiholding.de/investor_relations-berichte.html.
The Management Board
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
Phone: +49 (0)89 - 45 220 980
Fax: +49 (0)89 - 45 220 9822
info@hpi-holding.de
www.hpi-holding.de
Investor relations contact:
GFEI Gesellschaft für Effekteninformationen mbH
Carl Bosch Haus
Hamburger Allee 26-28
60486 Frankfurt am Main
Phone: +49 (0)69 - 74 303 700
Fax: +49 (0)69 - 74 303 722
ir-hpi@gfei.de
www.gfei.de
05.08.2008 Financial News transmitted by DGAP
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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
Listed: Open Market in Frankfurt
End of News DGAP News-Service
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