Surteco Group SE

Earnings Release • Mar 18, 2010

News Details

Ad-hoc | 18 March 2010 07:55

SURTECO SE: Preliminary results for 2009

SURTECO SE / Preliminary Results/Final Results

18.03.2010 07:55

Dissemination 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.

---

SURTECO SE, leading manufacturer of surface materials based on plastics and
technical papers for the international construction and furnishing
industry, generated sales of EUR 341.1 million in the business year 2009
and was therefore 15 % below the volume for 2008. While foreign sales fell
by 18 %, a drop of 11 % was posted in the German market. The proportion of
foreign sales fell by two percentage points to 64 %.
The Strategic Business Unit Plastics closed the business year with sales of
EUR 210.0 million. This corresponds to a decline of 18 %. The paper segment
generated EUR 131.1 million (-12 %).
The SURTECO Group generated an operating result (EBITDA) of EUR 54.3
million (-4%) in 2009, whereby the EBITDA for the previous year was
impacted negatively by one-off restructuring expenses amounting to EUR 7.3
million.
The financial result advanced from EUR -21.3 million to EUR -16.9 million
essentially on the basis of a lower impairment requirement on the package
of shares in Pfleiderer AG, Neumarkt, held by SURTECO. As a result, the
pretax result (EBT) went up by 11 % to EUR 17.6 million.
The Board of Management and Supervisory Board will propose to the Annual
General Meeting of the shareholders of the company to be held in Munich on
24 June 2010 that a dividend of EUR 0.40 (2008: EUR 0.35) per share should
be paid out.

18.03.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

---

Language: English
Company: SURTECO SE
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
Internet: www.surteco.com
ISIN: DE0005176903
WKN: 517 690
Listed: Regulierter Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin, Düsseldorf, Stuttgart

End of News DGAP News-Service

---