Nabaltec AG — Earnings Release 2007

Nov 5, 2007

News Details

Corporate | 5 November 2007 15:00

Nabaltec AG announces preliminary figures for Q3 2007

Nabaltec AG / Preliminary Results

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
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The issuer / publisher is solely responsible for the content of this announcement.

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Schwandorf, November 5, 2007 – According to preliminary figures, Nabaltec
AG, a leading supplier of mineral-based flame retardants and raw materials
for technical ceramics, generated consolidated revenue of EUR 64.5 million
in the first nine months of 2007, up from EUR 53.5 million in 2006. This
represents an increase of 20.6%. EBITDA for the nine-month period amounted
to EUR 5.4 million (previous year: EUR 5.6 million), while EBIT stood at
EUR 2.3 million (previous year: EUR 3.8 million). Preliminary Group profit
after minority interests amounted to EUR 0.5 million (previous year: EUR
1.1 million).

On a quarterly basis, Nabaltec generated consolidated revenue of EUR 21.7
million in the July – September period. This was up 21.2% on the previous
year’s EUR 17.9 million despite the safety audit conducted at Nashtec in
August. On the earnings side, the company felt not only the weak US dollar
but also the extraordinary expenses resulting from the company’s efforts to
service its customers during the downtime at Nashtec. Earnings before
interest, taxes, depreciation and amortisation (EBITDA) amounted to EUR 1.6
million (previous year: EUR 1.6 million), while earnings before interest
and taxes (EBIT) came in at EUR 0.5 million (previous year: EUR 1.0
million). The result for the period after minority interests amounted to
EUR -0.3 million, compared to EUR -0.2 million in the same period of 2006.

For Q4 2007, the Management Board projects limited availability of
fine-precipitated aluminum hydroxide due to a delay in the renovation of
the evaporation facility. Against this background, part of the revenue
contributions projected from this product group for the current fiscal year
will be made only in the first quarter of 2008, which is why the
projections for the full year 2007 have been downgraded to approx. EUR 90
million. The company continues to assume that the previous year’s
consolidated profit will be exceeded significantly.

Response to the company’s presentation at the world’s largest plastics and
rubber fair, K 2007, at the end of October has been extremely positive.
'Visitors to the Düsseldorf trade fair showed great interest in our new
sub-micron products, which we presented under the ACTILOX® AOH 400 SM,
APYRAL® 200 SM and APYMAG® AOH brand names. Our readiness to make further
investments was obvious, so that we received many specific inquiries and
signed various development agreements at the show,' said Gerhard Witzany,
Member of the Management Board of Nabaltec AG. Marketing of the new
patented ACTILOX® CAHC co-stabiliser for the PVC industry has been
particularly successful. Due to the global requirements to reduce the use
of heavy metals, this market is likely to show high sustainable growth. The
first deliveries to selected customers will be made already in Q1 2008. As
expected, demand for halogen-free flame retardant fillers also remains
strong. From today’s point of view, it is therefore safe to assume that the
additional capacity of 13,000 tons of APYRAL®-CD grades to be taken into
service in Schwandorf in Q1 2008 will see strong demand. 'These successful
product launches and production expansions have laid the foundation for the
ongoing development of more highly profitable products, which will be
reflected already in fiscal 2008,' Gerhard Witzany added.

Detailed information on the performance of Nabaltec in Q3 2007 will be
provided in the quarterly report at www.nabaltec.de, 'Investor Relations'
section, from November 27, 2007.

About Nabaltec AG
Nabaltec AG, with registered office in Schwandorf, a chemicals business
which has received multiple awards for innovativeness, manufactures,
develops and distributes highly specialized products based on aluminum
hydroxide ('ATH') and aluminum oxide, as well as other raw materials, on an
industrial scale through its 'Functional Fillers' and 'Technical Ceramics'
divisions. The company's product range includes flame-retardant fillers for
the plastics industry, used e.g. in cables, tunnels, airports, high-rise
buildings and electronic devices, as well as base materials for use in
technical ceramics, the refractory industry and catalysis. Unlike
halogenated flame-retardant fillers, the products manufactured by the
company's 'Functional Fillers' division contain no hazardous substances and
do not require separate disposal. Rather, the company's flame-retardant
fillers actually decrease the development of fumes hazardous to human
health and the environment in the event of fire. Nabaltec maintains
production sites in Germany and the US. It aims to further consolidate its
market position by increasing capacity, continuing to optimize its
processes and product quality and strategic additions to its product range
and to secure the market leadership in each segment where its specialty
products are represented, in addition to qualitative leadership.

Contact:
Heidi Wiendl
Nabaltec AG
Phone: +49 9431 53-202
Fax: +49 9431 53-260
E-mail: InvestorRelations@nabaltec.de

Linh Chung
Haubrok Investor Relations GmbH
Phone: +49 211 30126-101
Fax: +49 211 30126-5101
E-mail: L.Chung@haubrok.de
05.11.2007 Financial News transmitted by DGAP

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Language: English
Issuer: Nabaltec AG
Alustraße 50-52
94241 Schwandorf
Deutschland
Phone: +49 9431 53-0
Fax: +49 9431 53-260
E-mail: info@nabaltec.de
Internet: www.nabaltec.de
ISIN: DE000A0KPPR7
WKN: A0KPPR
Listed: Freiverkehr in Berlin, Düsseldorf, München, Stuttgart; Entry
Standard in Frankfurt

End of News DGAP News-Service

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