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Masterflex SE — Earnings Release 2011
Mar 5, 2012
276_rns_2012-03-05_71859823-13cc-4e66-baa5-1bf88d2c701b.html
Earnings Release
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News Details
Corporate | 5 March 2012 08:00
Masterflex AG: Provisional figures – guidance exceeded
Masterflex AG / Key word(s): Preliminary Results
05.03.2012 / 08:00
Press Release
Masterflex provisional figures – guidance exceeded
Gelsenkirchen, 5 March 2012 – In 2011, Masterflex AG continued its successful business development and significantly exceeded its own guidance. Subject to confirmation by the auditor, the Masterflex Group's revenue amounted to EUR 53.0 million, 5% more than forecast and 15% more than in the previous year. Ebit is EUR 7.5 million (forecast: EUR 7.0 million; previous year: EUR 6.4 million). The Ebit margin thus totalled 14.2% (previous year: 14.0%).
'The excellent results prove the quality of our business with high-tech hoses and connector-systems,' says Dr Andreas Bastin, CEO of Masterflex AG. 'Although we are currently also investing heavily in our internationalisation and integration within the Group, we still raised the Ebit margin slightly. That is a good sign for the next few years.'
The Masterflex Group will present the complete and audited annual report 2011 at the Financials Press Conference in Düsseldorf on 29 March 2012.
The Masterflex Group, based in Gelsenkirchen, is a specialist in the development and production of high-quality connector and hose systems using innovative high-tech plastics. With operational subsidiaries soon to number 14 in Europe, America and Asia, the Group is represented almost all around the world. The many potential uses of high-tech hoses, coupled with outstanding expertise in the processing of high-end plastics, enable Masterflex to provide solutions that would otherwise be inadequate or impossible with conventional materials. The Group's 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 |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart |
| End of News | DGAP News-Service |
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| 159186 05.03.2012 |