Masterflex SE — Earnings Release 2004

Apr 7, 2005

News Details

Ad-hoc | 7 April 2005 10:08

Masterflex AG:superb preliminary figures for fiscal 2004

Ad hoc announcement §15 WpHG Preliminary results of fiscal 2004 Masterflex AG:superb preliminary figures for fiscal 2004 Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— Ad hoc release Masterflex AG announcing superb preliminary figures for fiscal 2004 Gelsenkirchen, April 7, 2005. According to its preliminary figures, Masterflex AG (ISIN DE0005492938) posted record earnings again in fiscal 2004, with consolidated net profit surging by almost 86 percent to EUR 6.8 million (previous year: EUR 3.7 million). This translated into an excellent net return on sales of 9 percent. Earnings per share rose sharply by 82 percent from EUR 0.84 to EUR 1.53, thus substantially exceeding analysts’ expectations. The other profit indicators also pointed to excellent performance. Thus, earnings before interest and tax (EBIT) climbed by EUR 3.8 million to EUR 11.4 million, equivalent to an increase of over 49 percent; of this, around 1 percentage point is due to the revaluation of finished products. Accordingly, EBIT growth came in higher than the Company’s own guidance, which had been lifted in August 2004 to 42 – 48 percent. The EBIT margin widened by 11.4 percent to 15.0 percent. Similarly, earnings on ordinary activities rose sharply by almost 60 percent to EUR 10.2 million. Consolidated sales were up 13.2 percent, rising to EUR 75.8 million, thus matching forecasts. Given the Company’s outstanding performance, the Management Board of Masterflex AG will be proposing an increase in the dividend at the meeting of the Supervisory Board on April 11, 2005. The full annual report will be released at the Company’s annual press conference on April 27, 2005. For more information, please contact Masterflex AG, Investor Relations, Willy- Brandt-Allee 300, 45891 Gelsenkirchen, kniep@masterflex.de , Tel. 0209-97077-44. Masterflex AG Willy-Brandt-Allee 300 45891 Gelsenkirchen Deutschland ISIN: DE0005492938 (SDAX) WKN: 549 293 Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, München und Stuttgart End of ad hoc announcement (c)DGAP 07.04.2005 071008 Apr 05