Masterflex SE — Earnings Release 2003

May 18, 2003

News Details

Ad-hoc | 18 May 2003 20:29

Masterflex AG english

Strong Q1 for Masterflex AG Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Strong Q1 for Masterflex AG: Revenue +12.1%, EBIT +35.9%, net profit +110.5% Gelsenkirchen, May 19, 2003 March 31,2003 March 31, 2002 Change in % Revenue (thou. EUR) 15,375 13,719 + 12.1% EBITDA (thou.EUR) 1,937 1,535 + 26.2% EBIT (thou.EUR) 1,301 957 + 35.9% EBT (thou.EUR) 1,007 758 + 32.8% Net profit(thou. EUR) 501 238 +110.5% IAS-earnings per share (EUR) 0.12 0.05 + 140.0% Masterflex AG (ISIN DE0005492938) has improved still further on its past positive results. In Q1 2003, revenue rose by 12.1% to EUR 15.4 million. In particular, earnings development was extremely positive: IAS earnings before interest, taxes, depreciation and amortization (EBITDA) rose by 26.2% to EUR 1.9 million. Consolidated IAS earnings before interest and taxes (EBIT) rose even more by 35.9% year-on-year to EUR 1.3 million (Q1 2002: EUR 0.9 million). The sharpest increase was recorded for IAS net profit, which rose by 110.5% to EUR 0.5 million. As a result, earnings per share rose by 140% to EUR 0.12 (2002: EUR 0.05). Q1 has confirmed the board that the forecasts for the year as a whole (revenue +11%, EBIT +21-29%) are based on conservative assumptions. Further information: www.masterflex.de, kniep@masterflex.de, Tel. +49 (0) 209- 9707744 end of ad-hoc-announcement (c)DGAP 18.05.2003 ——————————————————————————– WKN: 549 293; ISIN: DE0005492938; Index: SDAX Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, München und Stuttgart 182029 Mai 03