Ad-hoc | 22 May 2012 07:04
technotrans AG / Key word(s): Quarter Results
22.05.2012 07:04
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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As expected the technotrans Group saw its first-quarter revenue fall by
15.5 percent to EUR 20.4 million (previous year EUR 24.1 million). The weak
start to the new financial year was not in itself surprising and
attributable to the low revenue from the two customers manroland and Kodak
who had filed for bankruptcy or protection from creditors (Chapter 11) some
months ago and to the restraint among printers in the run-up to the drupa.
By contrast, the activities away from the printing industry, especially at
Termotek AG and gds AG, continued to develop positively; however their
scale meant that they were not yet able to offset the downturn in business
from the printing industry.
Even on this lower level of revenue it proved possible to show a positive
result. Earnings before interest and taxes (EBIT) reached a creditable EUR
0.9 million (previous year EUR 1.2 million), which corresponds to an EBIT
margin of 4.3 percent (previous year 5.1 percent). Net income came to EUR
511 thousand, as in the previous year. This corresponds to unchanged
earnings per share outstanding of EUR 0.08.
Management assumes that the positive impetus from the drupa exhibition and
the normalization of business with these two customers later on in the year
will help to compensate for the weak start to 2012.
The full Interim Report can be downloaded unter www.technotrans.com,
Investor Relations, Financial Reports.
Contact: technotrans AG, Investor Relations, Thessa Roderig, Tel. +49
(0)2583/301-1887, mail thessa.roderig@technotrans.de
22.05.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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
Germany
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, Hamburg, München, Stuttgart
End of Announcement DGAP News-Service
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