Masterflex SE — Earnings Release 2003

Aug 18, 2003

News Details

Ad-hoc | 18 August 2003 08:16

Masterflex AG english

Strong Q2 for Masterflex AG: Revenue +12,8%, EBIT +31,8%, net profit +92,5% Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Strong Q2 for Masterflex AG: Revenue +12,8%, EBIT +31,8%, net profit +92,5% June 30, 2003 June 30,2003 Change Revenue (Euro thou.) 31.070 27.539 +12,8% EBITDA (Euro thou.) 4.064 3.268 +24,4% EBIT (Euro thou.) 2.731 2.072 +31,8% EBT (Euro thou.) 2.164 1.602 +35,1% Net profit (Euro thou.) 980 509 +92,5% IAS earnings per share (EUR) 0,23 0,12 +91,7% Gelsenkirchen, August 18, 2003 Masterflex AG (ISIN DE0005492938) has continued still further on its past positive results. In H1 2003, revenue rose by 12.8% to EUR31.1 million. In particular, the company is extremely satisfied with the quality of the Companys growth: all key performance indicators improved substantially as against the prior-year period. IAS earnings before interest, taxes, depreciation and amortization (EBITDA) rose by 24.4% to EUR4.1 million, consolidated IAS earnings before interest and taxes (EBIT) rose by 31.8% year-on-year to EUR2.7 million. The sharpest increase was recorded once again for IAS net profit, which rose by 92.5% to nearly EUR1.0 million. As a result, earnings per share rose by 91.7% to EUR0.23. In light of this positive development, the Board of Masterflex AG is highly confident to reach the forecast for the year as a whole (revenue growth of 11%, EBIT growth of 21-29%). Further information: http://www.masterflex.de, kniep@masterflex.de, Tel. +49 (0)209-9707744. end of ad-hoc-announcement (c)DGAP 18.08.2003 ——————————————————————————– WKN: 549 293; ISIN: DE0005492938; Index: SDAX Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, München und Stuttgart 180816 Aug 03