AI assistant
MAX Automation SE — Earnings Release 2007
Aug 1, 2007
278_rns_2007-08-01_cea14c3e-aaff-406f-b195-c2b1710c9e58.html
Earnings Release
Open in viewerOpens in your device viewer
News Details
Ad-hoc | 1 August 2007 11:16
M.A.X. Automation AG:M.A.X. Automation AG posts record half-year group revenue and earnings
M.A.X. Automation AG / Half Year Results
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Düsseldorf, August 1, 2007 – M.A.X. Automation AG has continued its fast
growth – in the first half of the year, the company posted its best ever
group revenue and earnings in its corporate history.
The international automation specialist generated group revenue of EUR
103.4 million in the first six months of the year. This is a 19.3% increase
year on year (first six months of 2006: EUR 86.7 million).
Earnings before interest and taxes (EBIT) in the first of half of fiscal
2007 rose to EUR 8.7 million, up 16.2 % year on year (first half of fiscal
2006: EUR 7.5 million).
Consolidated profits in the first half increased to EUR 5.0 million, up
13.7% year on year (first half of fiscal 2006: EUR 4.4 million). The size
of the increase in the first half of fiscal 2007 is even more impressive
because last year's EBIT included extraordinary income from damages paid by
former board members (approx. EUR 1.0 million), and consolidated 2006
profits also included income from the sale of the company's FAWEMA
subsidiary (approx. EUR 0.4 million).
Order intake in the fist half of fiscal 2007 increased by EUR 98.4 million
(23.1%) to EUR 121.1 million. Order books as per June 30, 2007 were EUR
94.8 million, up 42.6% on last year´s figure (EUR 66.4 million).
In addition to the generally good climate in the industry, the continuing
strong demand for M.A.X. Automation's core segments of environmental
systems and industrial automation is the main reason for the company's
strong growth. For full fiscal 2007, the Management Board expects to be
able to boost group revenue to more than EUR 200 million on the basis of
the company's current investment portfolio. Group 2007 profits are expected
to see another increase too.
Contact:
M.A.X. Automation AG, Königsallee 30, D-40212 Düsseldorf
Tel.: +49-211-90 99 1 - 0
DGAP 01.08.2007
Language: English
Issuer: M.A.X. Automation AG
Königsallee 30
40212 Düsseldorf
Deutschland
Phone: +49 (0)211 90991-0
Fax: +49 (0)211 90991-11
E-mail: [email protected]
Internet: www.maxautomation.de
ISIN: DE0006580905
WKN: 658090
Indices:
Listed: Geregelter Markt in Frankfurt (General Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service