technotrans SE

Earnings Release • Nov 6, 2012

News Details

Ad-hoc | 6 November 2012 07:14

technotrans AG: Improving business in the 2nd half of 2012 becomes reality for technotrans

technotrans AG / Key word(s): Quarter Results

06.11.2012 07:14

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The expected recovery in second half becomes a reality for the technotrans
Group. It generated revenue of EUR 24.2 million in the third quarter of
2012. Thus the anticipated pattern of a steady improvement continued in
that quarter, too (Q1: EUR 20.4 million, Q2: EUR 21.6 million). The fall
compared with the prior-year quarter (EUR 25.8 million) is now only -6.2
percent. The improvement compared with the first two quarters was largely
because of the Print business area gradually returning to normal; during
the first half of the year it had suffered from reluctance among investors
in the run-up to the drupa industry exhibition and from the fall-out from
the manroland and Kodak insolvencies. Nine months into the year, revenue
was EUR 66.1 million compared with EUR 74.1 million in the prior-year
period (-10.7 percent).

As expected, the higher volume of business in the third quarter also had a
positive influence on earnings. Despite the lower revenue compared with the
prior-year quarter (-6.2 percent), gross profit was unchanged at EUR 8.3
million, representing a gross margin of 34.4 percent as against 32.4
percent in the previous year. The substantial improvement in earnings is in
particular down to the product mix, along with the leaner production
process that is the outcome of the recent optimisation measures. Overall,
EBIT was satisfactory at EUR 1.7 million (previous year EUR 1.9 million).
The EBIT margin rose to 6.8 percent in the third quarter of 2012. For the
first nine months of the financial year, EBIT reached EUR 3.4 million as
against EUR 4.6 million in the prior-year period; that represents a margin
of 5.2 percent (previous year 6.2 percent)

Management anticipates to achieve the original targets for 2012 of revenue
in the region of EUR 90 to 95 million, and also the EBIT is within the
target corridor of 5 to 6 percent for the 2012 financial year already after
the third quarter.'

The full Interim Report 1-9/2012 can be downloaded from
www.technotrans.com, Investor Relations, Financial Reports.

Contact: technotrans AG, Investor Relations, Thessa Roderig, phone +49
(0)2583/301-1887, mail thessa.roderig@technotrans.de

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Language: English
Company: technotrans AG
Robert-Linnemann-Str. 17
48336 Sassenberg
Germany
Phone: +49 (0)2583 - 301 - 1000
Fax: +49 (0)2583 - 301 - 1030
E-mail: info@technotrans.de
Internet: http://www.technotrans.de
ISIN: DE000A0XYGA7
WKN: A0XYGA
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart

End of Announcement DGAP News-Service

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