technotrans SE

Earnings Release • Nov 9, 2010

News Details

Ad-hoc | 9 November 2010 07:05

technotrans posts growth of revenue and earning in third quarter

technotrans AG / Key word(s): Quarter Results

09.11.2010 07:05

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The issuer is solely responsible for the content of this announcement.

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The revenue of the technotrans Group for the third quarter of the 2010
financial year amounted to slightly more than EUR 21.4 million and was
therefore both higher than the level of the second quarter and 13.3% above
the figure for the prior-year quarter (EUR 18.9 million). The recovery was
driven substantially by the Technology segment, where revenue in Q3 was
21.0% up on the figure for the prior-year quarter. Revenue for the first
nine months of the financial year reached EUR 62.2 million, broadly on a
par with the prior-year period (EUR 62.6 million).

With revenue remaining virtually unchanged from the previous year, earnings
saw a marked improvement. Gross profit at the nine-month mark was up 13.3%
to EUR 20.8 million (previous year EUR 18.4 million), and the gross margin
reached 33.4%. The operating result (EBIT) was positive in the third
quarter at EUR 0.9 million (previous year: EUR -4.5 million). After nine
months EBIT was EUR 2.5 million, representing an EBIT margin of 4.0 %. The
objective of steering the company back to stable profitability in 2010 was
achieved.

More details regarding the business development can be found in the Interim
Report, which is available on the website www.technotrans.com under
Investor Relations.

Contact: Thessa Roderig, technotrans AG, Investor Relations, Phone +49 2583
301 1887 or mail thessa.roderig@technotrans.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 Hamburg, München, Berlin, Düsseldorf, Stuttgart

End of Announcement DGAP News-Service

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