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SIMONA AG — Earnings Release 2009
Jul 31, 2009
393_rns_2009-07-31_97e8670c-dda5-43fa-b444-e31573737b2a.html
Earnings Release
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News Details
Ad-hoc | 31 July 2009 11:30
SIMONA in first half: positive earnings despite severe decline in revenue
Simona AG / Half Year Results/AGM/EGM
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.
Kirn, 31 July 2009. The SIMONA Group has proved robust during the current
economic crisis. A significant downturn in orders from the core sectors of
chemicals and mechanical engineering resulted in a severe decline in
revenue. Despite this situation, however, the Group managed to achieve
positive earnings, supported by a timely package of streamlining measures
as well as the company's solid market position. In the first six months of
2009 the SIMONA Group generated revenue of EUR 106.3 million, corresponding
to a decline of 32.3 per cent compared to the very solid first half of
2008, when sales revenue stood at EUR 157.1 million. As Wolfgang Moyses,
Chief Executive Officer, today told the Annual General Meeting, pre-tax
earnings amounted to EUR 3.5 million (prev. year: EUR 13.5 million).
Further details will be published on 26 August 2009 as part of the interim
report for the first half.
Eric Schönel
Head of Marketing & Corporate Communication
Tel.: +49 (0) 67 52 14-997
Fax +49 (0) 67 52 14-738
[email protected]
www.simona.de
31.07.2009 Financial News transmitted by DGAP
Language: English
Issuer: Simona AG
Teichweg 16
55606 Kirn an der Nahe
Deutschland
Phone: 06752-14-207
Fax: 06752-14-738
E-mail: [email protected]
Internet: www.simona.de
ISIN: DE0007239402
WKN: 723940
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin
End of News DGAP News-Service