technotrans SE

Earnings Release • Mar 15, 2011

News Details

Ad-hoc | 15 March 2011 07:08

technotrans results for financial year 2010

technotrans AG / Key word(s): Final Results

15.03.2011 07:08

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.

---

After a dramatic slump in revenue in the wake of the global economic
crisis, the technotrans Group's business performance regained stability in
2010. Revenue reached EUR 85.9 million overall, representing a rise of 4.5
% on the previous year (EUR 82.2 million). Extensive measures to increase
and stabilise profitability, coupled with the recovery in business, brought
the company back into operating profitability. Whereas it had posted EBIT
of EUR -11.9 million in the previous year, EBIT for the 2010 financial year
now reached EUR 3.0 million despite further consolidation measures; this
corresponds to an EBIT margin of 3.5 %. The 2010 target range for revenue
and earnings was therefore achieved at the lower end.

The cash flow developed positively during financial year 2010 as well.
Overall, the net cash from operating activities amounted to EUR 7.4 million
(previous year EUR 3.6 million). The free cash flow amounted to EUR 6.3
million (previous year EUR 2.4 million). Cash and cash equivalents at
year-end rose by EUR 2.8 million or 27.7 % to EUR 13.1 million (previous
year EUR 10.3 million).

A consolidated net profit of EUR 1.5 million is reported for the 2010
financial year (previous year EUR -10.3 million), equivalent to earnings
per outstanding share of EUR 0.24 (previous year EUR -1.65). The net profit
for the financial year is netted against the accumulated loss of
technotrans AG from previous years. Therefore no dividend will be
distributed for 2010.

For 2011, Management expects to see a much more dynamic development. The
target is to increase revenue for the technotrans Group back up to around
EUR 100 million. In addition to a gradually recover in demand from the
printing industry management expects activities outside the printing
industry, and more specifically the takeover of Termotek AG in 2011 and its
consolidation from this year, to have a stronger impact on the growth. In
addition, the company aims to increase the operating result for 2011 to
between six and seven percent.

The full press release and the 2010 Annual Report can be downloaded from
the internet on www.technotrans.com, under Investor Relations - Reports.

Contact: technotrans AG, Investor Relations, Thessa Roderig, e-mail
thessa.roderig@technotrans.de

15.03.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---

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, Hamburg, München, Stuttgart

End of Announcement DGAP News-Service

---