technotrans SE

Earnings Release • May 4, 2010

News Details

Ad-hoc | 4 May 2010 07:03

technotrans is back into the black

technotrans AG / Quarter Results

04.05.2010 07:03

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The technotrans Group posted revenue of EUR 19.8 million in the first
quarter of the new financial year. Although this is 14.5 percent down on
the prior-year first quarter (EUR 23.2 million), it represents a slight
improvement on the fourth quarter of 2009 (EUR 19.6 million). The
cost-cutting measures have significantly lowered the break-even point. The
company is therefore able to report figures consistently in the black in
the first quarter of 2010. The gross margin is once again at an acceptable
level of 32.7 percent; gross profit in the first quarter was even above
prior year level. The operating result (EBIT) is EUR 624 thousand (previous
year EUR -891 thousand), equivalent to an EBIT margin of 3.2 percent. Net
income after three months was EUR 320 thousand (previous year EUR -1.2
million), equivalent to earnings per share (average number of shares
outstanding) of EUR 0.05 (previous year EUR -0.19).

Financial position

Net cash from operating activities totalled EUR 2.1 million (previous year
EUR 5.5 million). The free cash flow for the first quarter is again
positive at more than EUR 1.8 million. Cash and cash equivalents at the end
of the quarter of EUR 11.7 million were a good EUR 1.0 million up on the
first quarter of 2009 (previous year EUR 10.7 million) and also above the
2009 year-end level (EUR 10.2 million). Net debt continued to fall to EUR
10.5 million (end of 2009: EUR 12.4 million). Gearing at the reporting date
was 32.8 percent.

Download: The full Interim Report 1-3/2010 can be downloaded from the
Internet at www.technotrans.com, under Investor Relations - Reports.

Contact: technotrans, Investor Relations, Thessa Roderig, phone +49 (0)
2583 / 301-1887, mail thessa.roderig@technotrans.de

04.05.2010 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

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