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Nabaltec AG — Earnings Release 2006
Apr 2, 2007
5430_rns_2007-04-02_66bc0938-039f-4560-950f-df6d19d249b8.html
Earnings Release
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Corporate | 2 April 2007 20:34
Nabaltec AG: Key figures for 2006
Nabaltec AG / Final Results
Release of a Corporate-announcement, transmitted by DGAP - a company of
EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Key figures for 2006
- Nabaltec AG registers sharp increase in revenue and earnings
- Full capacity at Nashtec (USA) expected in May
- Further increase in production capacity planned
Schwandorf, 2 April 2007 – Nabaltec AG, a leading supplier of mineral-based
flame retardants and materials for technical ceramics, presented its 2006
financial statements today, which show an improvement in consolidated
revenue from EUR 61.3 million to EUR 71.6 million, or 16.8%, as the
company's revenue growth once again exceeded the overall market growth
rate. Both of the company's divisions contributed to its growth, as the
revenue in the 'Functional Fillers' division rose by 19% and the
'Technical Ceramics' division reported an improvement of 10%.
Nabaltec Group's growth is also reflected in its earnings: the group's
earnings before interest, taxes, depreciation and amortization (EBITDA)
rose sharply, from EUR 5.4 million to EUR 6.6 million and a significant
improvement was registered in earnings before interest and taxes (EBIT),
which increased from EUR 2.9 million to EUR 4.0 million. Group earnings
after minority interests came to EUR -0.2 million in the past financial
year (previous year: EUR 1.1 million) due to the necessary expenditures in
connection with the launch of the 'Nashtec' joint venture in the US and the
cost of the company's IPO in the Entry Standard section of the Frankfurt
Stock Exchange in November 2006.
Nabaltec expects the success it has experienced in recent years to continue
in the current financial year. An important part in this continued success
will be played by the new production plant for APYRAL® 40 CD in Corpus
Christi, Texas (USA), which was built as part of the 'Nashtec' joint
venture. The facility went online at the end of November 2006 and is set to
reach 70% capacity in April and full capacity in May. In addition to
Nashtec, the company plans to begin production over the course of the year
in new facilities for ceramic bodies, reactive aluminum oxides and fine
precipitated aluminum hydroxides.
Further information about Nabaltec AG's performance in 2006 can be found in
the current Annual Report, available at www.nabaltec.de.
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: [email protected]
Frank Ostermair / Linh Chung
Haubrok Investor Relations GmbH
Phone: +49 89 461347-10
Fax: +49 89 461347-29
E-Mail: [email protected]
DGAP 02.04.2007
Language: English
Issuer: Nabaltec AG
Alustraße 50-52
94241 Schwandorf Deutschland
Phone: +49 9431 53-0
Fax: +49 9431 53-260
E-mail: [email protected]
www: www.nabaltec.de
ISIN: DE000A0KPPR7
WKN: A0KPPR
Indices:
Listed: Freiverkehr in Berlin-Bremen, Düsseldorf, München, Stuttgart;
Entry Standard in Frankfurt
End of News DGAP News-Service