Earnings Release • Mar 11, 2013
Earnings Release
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News Details
Ad-hoc | 11 March 2013 15:17
technotrans with dividend for 2012 on track for further growth
technotrans AG / Key word(s): Final Results
11.03.2013 15:17
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.
Total revenue for the technotrans Group reached EUR 90.7 million for the
past financial year, representing a drop of 6.8 percent on the previous
year (EUR 97.3 million), and therefore was only the lower end of the target
range (EUR 90 to 95 million). As intended, profitability improved in the
second half along with the increased volume of business. Overall, EBIT for
the 2012 financial year reached EUR 5.4 million, compared with EUR 4.8
million in the previous year (+11.9 percent). The EBIT margin was thus 5.9
percent, which was at the upper end of the target corridor of 5 to 6
percent despite the lower business volume.
The net profit for the 2012 financial year is EUR 3.1 million, equivalent
to a rate of return of 3.4 percent (previous year 3.1 percent). The
earnings per share figure for shares outstanding is therefore EUR 0.48. The
Board of Management and the Supervisory Board will propose to the
Shareholders' Meeting in May 2013 that a dividend of EUR 0.12 per share
outstanding be distributed.
The positive result and the improved cash flow played a part in
strengthening technotrans' balance sheet at the reporting date: the equity
ratio rose to 63.2 percent, cash and cash equivalents reached EUR 18.7
million and net debt was turned around into net liquidity of EUR 8.5
million.
Outlook
At the start of 2013 the indications are that the business cycle will be
subdued in the first half of the year. Nevertheless the technotrans Group
starts the 2013 financial year with bright prospects. Through the takeover
of KLH Kältetechnik GmbH technotrans has significantly extended the base
for supplying cooling systems for laser applications and aims to tap
further potential in that field, for instance in the markets of the machine
tool industry and medical technology. The Board of Management therefore
expects revenue to increase by around 25 percent in 2013, to EUR 110
million - give or take 5 percent. On the basis of the anticipated revenue
volume the technotrans Group is planning to achieve an overall EBIT margin
of 6 to 7 percent. Compared to 2012, this would represent another
significant increase in the operating result.
The full Press release as well as the 2012 Annual Report is available for
download from the internet at www.technotrans.com, Investor Relations.
Contact: technotrans AG, Investor Relations, Thessa Roderig, Tel. +49 (0)
2583 / 301-1887, e-mail [email protected]
11.03.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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: [email protected]
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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