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Earnings Release • Nov 30, 2009

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Corporate | 30 November 2009 09:57

CFC Industriebeteiligungen presents interim report on third quarter 2009

CFC Industriebeteiligungen GmbH & Co. KGaA / Interim Report/Quarter Results

30.11.2009

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CFC Industriebeteiligungen presents interim report on third quarter 2009

• Focusing on core segments Home & Living and Electronics completed

• Nine-month sales 12 percent below prior-year result due to economic
  crisis

• EBITDA at EUR -1.3 million

• Positive developments in 4th quarter

• Elcon's performance clearly ahead of schedule

• Berndes opens complementary business area 'Cutlery' and forges
  cooperation with European cookware manufacturer

Dortmund, November 30, 2009

CFC Industriebeteiligungen GmbH & Co. KGaA (ISIN: DE000A0LBKW6), Dortmund,
pushed its focusing on the efficient operations of its core segments Home &
Living and Electronics represented by companies Berndes, Elcon und Letron
in the third quarter 2009, bringing this effort to completion shortly after
the end of the quarter. These segments can now be strengthened and expanded
through selected new commitments.

Sales according to IFRS generated by the business operations to be
continued (i.e. without delmod, Format, and Rosner) amounted to EUR 48.0
million in the first nine months of 2009, compared to EUR 54.8 million in
the prior-year period. The EBITDA of the first nine months came to EUR -1.3
million for the continued enterprises, after EUR 10.6 million in the period
of comparison. The group result after taxes from the continued business was
EUR -4.5 million compared to EUR 4.4 million one year ago. In relation to
the continued operations' total assets, the equity ratio came to 20.5 %.
The group had cash and cash equivalents of EUR 3.3 million as of the
balance sheet date.

In the course of the year and particularly after the end of the quarter,
numerous positive developments have given rise to optimism with regard to
the portfolio companies' further development.

Berndes managed to open up a complementary business area in the field of
'Cutlery', substantiating this effort with a first major contract.
Furthermore, the company forged a cooperation agreement with a European
cookware manufacturer, expected to deliver considerable stimuli for the
year 2010. Elcon is showing a pleasant performance in the current year,
resulting after nine months in an operating result (EBITDA) ahead of
schedule and a sale increase over the previous year. In view of the
market's anticipated 15 % decrease in the year 2009, Elcon posts a
remarkable 22 % growth.

At the Extraordinary General Meeting held on November 20, 2009, the
company's conversion into a stock corporation (Aktiengesellschaft) was
resolved. CFC's management is certain that the Aktiengesellschaft is the
legal form suited best for the realization of the company's next growth
step. The creation of new authorized capital was decided as well. This
makes it possible to respond faster and in a more flexible manner to
opportunities for the acquisition of companies or investments as they
arise.

The complete report on the third quarter is available for download at the
company website (http://www.cfc.eu.com) under Investor Relations/Financial
Reports.

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Contact:
CFC Industriebeteiligungen GmbH & Co. KGaA
Dr. Frank Nellißen
Chief Financial Officer

Tel: +49 231 222 40 500
eMail: fn@cfc.eu.com

30.11.2009 Financial News distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: CFC Industriebeteiligungen GmbH & Co. KGaA
Westfalendamm 9
44141 Dortmund
Deutschland
Phone: +49 (0)231-22240 500
Fax: +49 (0)231-22240 501
E-mail: info@cfc-eu.com
Internet: www.cfc-eu.com
ISIN: DE000A0LBKW6
WKN: A0LBKW
Listed: Regulierter Markt in Frankfurt; Freiverkehr in Berlin,
Düsseldorf, Stuttgart

End of News DGAP News-Service

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