Report Publication Announcement • Jun 30, 2010
Report Publication Announcement
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Ad-hoc | 30 June 2010 08:38
ARQUES publishes preliminary financial results for the financial year 2009 and the first quarter of 2010 – audited annual financial statements expected by mid July 2010
ARQUES Industries AG / Miscellaneous
30.06.2010 08:38
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.
Munich, June 30, 2010. The required adjustment of bad debt and the
optimisation of the portfolio have again led to high amortisation,
depreciation and losses on receivables in the 2009 annual financial
statements. On a preliminary basis, revenues in the ARQUES Group amount to
EUR 3,491,972 thousand (previous year EUR 5,505,026 thousand), earnings
before interest, taxes, depreciation and amortisation (EBITDA) of
EUR 17,745 thousand (previous year EUR 111,459 thousand) were achieved
whereas earnings before interest and taxes (EBIT) were negative at
EUR -139,775 thousand (previous year EUR -115,512 thousand). Losses after
tax are EUR -153.000 thousand (previous year EUR -145.726 thousand).
The preliminary earnings in the first quarter of 2010 confirm the positive
trend of the ARQUES subsidiaries. In the reporting period revenues of
EUR 266,901 thousand (previous year EUR 1,232,709 thousand) were generated
within the group. The earnings before interest, taxes, depreciation and
amortisation (EBITDA) amounted to EUR 24,039 thousand (previous year
EUR -13,726 thousand). The profit after tax is also positive and amounts to
EUR 1,032 thousand (previous year EUR -38,522 thousand).
The ARQUES Industries AG Executive Board expects to submit the audited
financial statements by mid-July 2010 and to hold the annual general
meeting at the end of August 2010.
About ARQUES:
ARQUES Industries AG is an equity investment company focusing on the
restructuring of companies in transitional situations. ARQUES develops
these companies, mainly acquired within the context of company spin-offs,
to competitive enterprises with a positive yield in order to sell these
afterwards with added value.
The shares of ARQUES Industries AG are traded in the Prime Standard of the
Frankfurt Stock Exchange. Symbol: AQU, ISIN: DE0005156004.
Contact:
ARQUES Industries AG
Investor Relations
Hubert Wiedemann
Email: [email protected]
Tel: 0049 (0)89/ 25 55 00 - 330
30.06.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: ARQUES Industries AG
Arnulf Office Park - Arnulfstraße 37-39
80636 München
Deutschland
Phone: +49 89/255500-0
Fax: +49 89/255500-200
E-mail: [email protected]
Internet: www.arques.de
ISIN: DE0005156004
WKN: 515600
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Hamburg, Stuttgart
End of News DGAP News-Service
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