Ad-hoc | 9 March 2010 07:33
technotrans AG / Final Results
09.03.2010 07:33
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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technotrans expects moderate growth in 2010
The technotrans Group, too, was affected by the consequences of the global
financial and economic crisis in the 2009 financial year. Revenue plunged
by 42.0 percent, from EUR 141.7 million in the previous year to EUR 82.2
million. The fall in revenue in the past financial year has inevitably had
major consequences for the financial performance of the technotrans Group.
Earnings are furthermore determined to a substantial degree by various
non-recurring effects, both positive and negative. Earnings before interest
and taxes (EBIT) for 2009 show a loss of EUR 11.9 million (previous year
EUR 0.0 million). After elimination of the many non-recurring effects, EBIT
would have amounted to around EUR -1.8 million. A net result for the year
of EUR -10.3 million is reported for 2009 (previous year EUR -2.9 million).
This corresponds to earnings per share, for shares outstanding, of EUR
-1.65 (previous year EUR -0.45). As a consequence shareholders will not
receive a dividend for 2009.
Considerable uncertainty still surrounds the economic recovery worldwide in
2010. The management of technotrans still expects to see a tentative
recovery in business during the current financial year. Taking into the
uncertainty of the economic environment, the technotrans Group is currently
expected to be able to increase its revenue to around EUR 85 to 90 million.
This would represent growth of more than 5 percent. Because the signs of a
lasting recovery in the printing industry are not yet sufficiently firm a
figure towards the lower end of this range is more likely. The goal for the
2010 financial year is to return to sustained profitability. The measures
that have been taken since 2008 should pave the way for an EBIT margin of
at least 3 to 5 percent in the 2010 financial year.
Download: The full Annual Report 2009 and the long version of the press
release can be downloaded from the Internet on www.technotrans.com, under
Investor Relations.
Contact: technotrans AG, Investor Relations, Thessa Roderig, Phone only via
mobile on March 9, 2010: +49 171 310 82 98
09.03.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: technotrans AG
Robert-Linnemann-Str. 17
48336 Sassenberg
Deutschland
Phone: +49 (0)2583 - 301 - 1000
Fax: +49 (0)2583 - 301 - 1030
E-mail: info@technotrans.de
Internet: http://www.technotrans.de
ISIN: DE000A0XYGA7
WKN: A0XYGA
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Hamburg, Stuttgart
End of News DGAP News-Service
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