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Hydratec Industries N.V. Earnings Release 2012

Jul 26, 2012

3851_iss_2012-07-26_40443010-9625-4481-9df4-262074337139.pdf

Earnings Release

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Press release

2012 Semi-Annual financials

Amersfoort, July 26th 2012

Hydratec: Higher turnover and results

Financials in € x 1,000 unless specified 1st half
2012
1st
half
2011
Nett
Turnover
59,071 32,514
Gross
Margin
24,214 15,902
EBIT 3,334 2,592
Nett
Result
2,355 1,866
Nett
Result
for
Shareholders
2,023 1,568
Nett
Earnings
per
share
(in
€ )
1.66 1.33

The consolidated turnover of Hydratec Industries NV over first half 2012 increased to € 59.1 mio. The inclusion of the turnover of the in September last year acquired Agri & Food Equipment added € 27.9 mio. to overall turnover.

Roland Zoomers (CEO): "Because the acquired companies now fully contributed, our overall turnover and results are higher than the same period last year. But all companies are facing weakening demands from the effects of the crises in the various markets. Fortunately we see that the turnovers are relatively stable since beginning of this year. Margins at our Plastic companies are lower from the continued price increases of raw materials. Danielson benefits from its market position in Germany. Turnover at Pas Reform is lower, causing a drop in EBIT. But the activities and order intake at LAN handling systems are at a high level..

The EBIT increased to € 3.3 mio. (from € 2.6 mio over 2011) amounting to 5.6% of turnover (8.0 % last year) .

Net Earnings for shareholders increased by 29% to € 2.0 mio. (vs. € 1.6 mio over same period 2011).

Expectations for 2012

Because the newly acquires activities will fully contribute this year, turnover and net results of Hydratec NV for full 2012 will have to increase as compared to last year. At all companies the orderbooks are still at a relatively good level, given the economic circumstances. We expect stable turnover levels as long as the overall economic situation does not worsen. All companies will positively contribute to overall earnings.

Profile Hydratec Industries NV ( Hydratec)

Hydratec is an industrial holding company with companies engaged in the following sectors:

    1. Design, development and production of Agri & Food Equipment by Pas Reform Hatchery Technologies (Zeddam, Holland) en LAN Handling Systems (Tilburg, Holland)
    1. Design, development and production of Man Machine Interfaces (MMI) by Danielson Europe (Hardenberg, Holland and Ayelsbury, UK)
    1. Design, development and production of plastics-parts and-packaging by Timmerije (Neede, Holland) and Euro Mouldings (Nijverdal, Holland)

Hydratec Industries is listed at NYSE Euronext Amsterdam NV (ISIN NL0009391242, ticker: HYDRA.)

Web: www.hydratec.nl

Contact

Roland Zoomers CEO Hydratec Industries NV Tel: +31 33 469 73 25 Mob: +31 6 53 39 76 33 E-mail: [email protected]