Masterflex SE — Earnings Release 2004

Aug 19, 2004

News Details

Ad-hoc | 19 August 2004 21:03

Adhoc disclosure:Strong performance in H1: Masterflex AG sets new earnings recor

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Ad hoc disclosure: Strong performance in H1: Masterflex AG sets new earnings record Revenue +13.3%, EBIT +70.0%, Net profit +146.9% June 30, 2004 June 30, 2003 +/- Revenue (EUR thou.) 35,191 31,070 +13.3% EBITDA (EUR thou.) 5,921 4,064 +45.7% EBIT (EUR thou.) 4,643 2,731 +70.0% EBT (EUR thou.) 4,120 2,164 +90.4% Net earnings 2,420 980 +146.9% (EUR thou.) Earnings per share 0.54 0.23 +134.8% (IAS)(EUR) EBIT margin 13.2% 8.8% +50.0% Gelsenkirchen, August 19, 2004. Masterflex AG (ISIN DE0005492938) further accelerated its growth in the first half of 2004, clearly exceeding its targets for all key earnings figures. Revenue climbed by 13.3% to EUR 35.2 million. IAS earnings before interest, taxes, depreciation and amortization (EBITDA) rose by 45.7% to EUR 5.9 million, while IAS consolidated EBIT increased by 70.0% to EUR 4.6 million. The Company again recorded the highest earnings in its history. The IAS net profit, which soared 146.9% to EUR 2.4 million again grew the most, resulting in excellent earnings per share of EUR 0.54 (+134.8% year-on-year). Due to these positive developments, the Board of Masterflex AG has lifted its EBIT forecast for 2004 as a whole, and is expecting an increase of 42% to 48% (previous forecast 30% to 35%). Further information: http://www.masterflex.de , kniep@masterflex.de, Tel. ++49 (0) 209-9707744. end of ad-hoc-announcement (c)DGAP 19.08.2004 ——————————————————————————– WKN: 549 293; ISIN: DE0005492938; Index: Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, München und Stuttgart 192103 Aug 04