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Masterflex SE — Earnings Release 2012
May 7, 2012
276_rns_2012-05-07_a6f62145-8348-47ed-b6bb-1b4a23dfee87.html
Earnings Release
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News Details
Corporate | 7 May 2012 11:00
Masterflex AG: Successful business in Q1 2012
Masterflex AG / Key word(s): Quarter Results
07.05.2012 / 11:00
Press Release
Masterflex AG: Successful business in Q1 2012
Gelsenkirchen, 7 May 2012 – Masterflex AG, a global specialist in the development and production of high-quality connector systems using high-tech plastics, has had a successful start to 2012. Revenue increased by 4.2% to EUR14.5 million (previous year: EUR13.9 million). EBIT is at EUR2.1 million and the EBIT margin is 14.6%. Net profit for the year amounts to EUR1.1 million. This corresponds to earnings of EUR0.12 per share.
Dr. Andreas Bastin, CEO of Masterflex, commented: 'The sound EBIT margin of 14.6% again shows clearly that our business model – the development, production and consultation-oriented sale of high-tech connector solutions – is highly profitable, despite initial costs for internationalisation.'
| 31 Mar 2012 | 31 March 2011 | Change | |
| Consolidated revenue (EUR thou.) | 14,511 | 13,929 | 4.2% |
| EBITDA (EUR thou.) | 2,761 | 3,014 | -8.4% |
| EBIT (EUR thou.) | 2,124 | 2,399 | -11.5% |
| EBT (EUR thou.) | 1,734 | 1,764 | -1.7% |
| Consolidated earnings from continued business units (EUR thou.) | 1,137 | 1,252 | -9.2% |
| Consolidated earnings from discontinued business units (EUR thou.) | -6 | -278 | 97.8% |
| Consolidated net income/loss (EUR thou.) | 1,063 | 935 | 13.7% |
| Earnings per share (EUR) | 0.12 | 0.11 | 9.1% |
| EBIT margin | 14.6% | 17.2% | |
| Employees | 472 | 431 | 9.5% |
| 31 Mar 2012 | 31 March 2011 | Change | |
| Consolidated equity (EUR thou.) | 17,460 | 16,239 | 7.5% |
| Consolidated total assets (EUR thou.) | 51,017 | 50,930 | 0.2% |
| Consolidated equity ratio (%) | 34.2% | 31.9% |
The interim report has confirmed the provisional figures (disclosure dated 24 April 2012).
Masterflex is now progressing further on its long-term oriented development course. 'We are investing in the future with a transparent objective: We intend to be a global market leader in all of the markets we serve. Extending from our German and European basis, we are creating today the foundation for the additional business of tomorrow, in order to be more strongly anchored in the most dynamic regions of the world,' says Bastin.
The next date in the financial calendar is the Annual General Meeting on 19 June at 11.00 a.m. in Gelsenkirchen.
The Masterflex Group is a specialist in the development and production of high-quality connector and hose systems. With 13 operating units in Europe, America and Asia, the Group is represented almost all over the world. Its growth is driven by internationalisation and innovation. Masterflex shares have been listed as Prime Standard on the German stock exchange since 2000.
Contact: Dr. Annette Littmann, [email protected]
Phone + 49 209 970 77 44
End of Corporate News
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| Language: | English |
| Company: | Masterflex AG |
| Willy-Brandt-Allee 300 | |
| 45891 Gelsenkirchen | |
| Germany | |
| Phone: | +49 (0)209 97077-44 |
| Fax: | +49 (0)209 97077-20 |
| E-mail: | [email protected] |
| Internet: | www.masterflex.de |
| ISIN: | DE0005492938 |
| WKN: | 549 293 |
| Indices: | Prime all share |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart |
| End of News | DGAP News-Service |
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| 168293 07.05.2012 |