Surteco Group SE

Earnings Release • Mar 16, 2007

News Details

Ad-hoc | 16 March 2007 07:51

Surteco AG: SURTECO AG PRESENTS NEW RECORD RESULT

SURTECO AKTIENGESELLSCHAFT / Final Results

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
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The issuer is solely responsible for the content of this announcement.

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P r e s s R e l e a s e

16 March 2007

SURTECO AG: Preliminary indicators for the annual financial statements 2006

SURTECO AG PRESENTS NEW RECORD RESULT

• Sales above 400 million euros for the first time

• Dividend likely to increase

Buttenwiesen-Pfaffenhofen, 16 March 2007 – SURTECO AG is the leading
manufacturer of surface materials based on plastics and papers for
technical applications in the international construction and furnishing
industry. The company moved ahead in the market during the business year
2006. Sales increased by 2 percent to 403.2 million euros to advance beyond
400 million euros compared with previous figures for the first time. This
success is all the more impressive because although the German furnishing
industry is starting to recover after four years of negative growth, there
are still no signs of a consistent upswing. Despite the increasing pressure
in the market, SURTECO AG succeeded in increasing domestic sales – which
represent 36 percent of total business – to 145.6 million euros (+ 2
percent). International business, which the group companies play a leading
role in structuring as market leader, went up by 2 percent to 257.6 million
euros. Slight glitches in North America and Asia were compensated by
increases in the European core markets so that the proportion of
international sales remained constant at 64 percent.

The Strategic Business Unit (SBU) Plastics includes all the companies in
the Döllken Group. It achieved an increase in sales of 3 percent to 231.3
million euros. While foreign international markets grew by 5 %, sales in
Germany remained at the level of the previous year on account of a
strategic rationalization of the product portfolio in the do-it-yourself
retail trade.

Although the market environment has become much more difficult as a result
of increasing competition, most importantly in the area of pre-impregnated
flat foils, SBU Paper succeeded in nearly matching the sales for the
previous year with 171.9 million euros. In 2005, sales at the company fell
back by 4 percent.

The preliminary Earnings Before Tax (EBT) amounted to 46.0 million euros at
the SURTECO Group in 2006. This again represented the best result in the
history of the company with an increase of 22 percent. The shareholders of
SURTECO AG are to participate in the good result with an increase in
dividend.

The Chairman of the Board of Management of SURTECO AG, Friedhelm Paefgen,
anticipates moderate growth in sales for the current business year 2007,
provided that the overall economic framework conditions remain unchanged.
SURTECO AG should be in a position to again exceed the record result
achieved for 2006.

Buttenwiesen-Pfaffenhofen, 16 March 2007

Board of Management

DGAP 16.03.2007

Language: English
Issuer: SURTECO AKTIENGESELLSCHAFT
Johan-Viktor-Bausch-Str. 2
86647 Buttenwiesen-Pfaffenhofen Deutschland
Phone: +49 (0)8274 99 88-0
Fax: +49 (0)8274 99 88-5 05
E-mail: g.schneller@surteco.com
www: www.surteco.com
ISIN: DE0005176903
WKN: 517 690
Indices:
Listed: Amtlicher Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin-Bremen, Düsseldorf, Stuttgart

End of News DGAP News-Service

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