UET United Electronic Technology AG

Report Publication Announcement • Apr 29, 2008

News Details

Corporate | 29 April 2008 09:23

CFC Industriebeteiligungen reports annual report with record results for 2007

CFC Industriebeteiligungen GmbH & Co. KGaA / Final Results

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.

---

++++++++++++++

Industriebeteiligungen reports annual report with record results for
2007

• Group turnover increases to more than EUR 66.1 million

• EBITDA up to more than EUR 15.5 million.

Dortmund, April 29, 2008

CFC Industriebeteiligungen GmbH & Co. KGaA (ISIN: DE000A0LBKW6), Dortmund,
reports - based on preliminary unaudited figures - record results for
annual financials of 2007. Group consolidated turnover grew by

443 % to more than EUR 66.1 million compared to EUR 12.2 million in 2006
shortened fiscal year. The operational result before interest, tax,
depreciation and amortization (EBITDA) according to IFRS went up to EUR
15.5 million (previous year: EUR 0.6 million). Group profit after tax and
minorities reached top mark of EUR 13.7 million or EUR 2,22 per share
(previous year: EUR 2.0 million or EUR 0,40 per share) and exceeds market
expectations by 56%. Included in this result is a non-recurring positive
revaluation in the amount of EUR 0,8 Mio. of the corporate deferred taxes
due to changes in the corporate tax law in Germany.

CFC acquired last year four new companies, which increased the annualized
turnover by December 31, 2007 to more than EUR 156 million. The annualized
group turnover is a good indication of the development in the new
financial year. In view of those acquisitions the Group results include
gains from the capital consolidation (so-called 'Bargain Purchases') in the
amount of EUR 18.5 million. As is customary for the CFC business model, the
newly acquired companies usually show negative results in the first year of
consolidation. The success of the reorganisation of the subsidiaries is
however evident from the Group company Berndes which was already acquired
in 2006 and which reports after successful restructuring an EBITDA of EUR
1.8 million.

CFC expects a continuously positive development for the year 2008. The
turnover is expected to grow by 10 % for the existing portfolio companies
in the current fiscal year, incl. additional acquisition it is the target
to grow to annualised more than EUR 280 Mio. The result before interest and
taxes (EBIT) shall increase to EUR 18,0 Mio. Marcus Linnepe, CEO of CFC
Industriebeteiligungen is happy about the current development and says
'we will further continue with our strategy. CFC has started
successfully into the new business year, and we are convinced to achieve
the targets.'

The annual report can be obtained from the company or online under the
following link:

http://www.cfc-eu.com/en/investor_relations/finanzberichte/index_html

+++++++++++++

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

Tel: +49 231 222 40 501
eMail: fn@cfc.eu.com

29.04.2008 Financial News transmitted by DGAP

Language: English
Issuer: CFC Industriebeteiligungen GmbH & Co. KGaA
Westfalendamm 9
44141 Dortmund
Deutschland
Phone: +49 (0)231-222 40 500
Fax: +49 (0)231-222 40 501
E-mail: info@cfc-eu.com
Internet: www.cfc-eu.com
ISIN: DE000A0LBKW6
WKN: A0LBKW
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Stuttgart

End of News DGAP News-Service

---