AI assistant
MAX Automation SE — Earnings Release 2007
May 15, 2007
278_rns_2007-05-15_42a6053f-c9d6-4b40-a5ef-0a1dcad3bf44.html
Earnings Release
Open in viewerOpens in your device viewer
News Details
Ad-hoc | 15 May 2007 08:43
M.A.X. Automation AG: Strong profit growth in the first quarter
M.A.X. Automation AG / Quarter 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, May 15, 2007 – M.A.X. Automation AG has started out well in
2007 and increased the pace of growth it set last year. Group sales rose
once again, with profit increasing by an even greater amount. Order books
also grew strongly and were higher than the industry average.
The international automation specialist achieved group sales of EUR 50.7
million in the first quarter of 2007, a like-for-like increase of 21.9% (Q1
2006: EUR 41.6 million). Group EBIT rose by 38.1% to EUR 3.7 million
between January and March, compared with EUR 2.6 million in the first three
months of 2006. Group profit was EUR 2.1 million, 32.2% higher than the
previous year's total of EUR 1.6 million. Order books also developed well,
reaching a value of EUR 67.1 million in the first three months of 2007.
This corresponds to a year-on-year increase of 36.4% (Q1 2006: EUR 49.2
million).
The dynamic growth of M.A.X. Automation AG was the result of very good
business progress in the core segments of environmental technology and
industrial automation. For the full year 2007, the board is confident it
can boost group sales to over EUR 200 million based on the current
investment portfolio. Group profit before minority interests is also set to
grow in 2007.
Contact:
M.A.X. Automation AG, Königsallee 30, D-40212 Düsseldorf
Tel.: +49-211-90 99 1 - 0
DGAP 15.05.2007
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]
www: www.maxautomation.de
ISIN: DE0006580905
WKN: 658090
Indices:
Listed: Geregelter Markt in Frankfurt (General Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service