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Turbon AG — Earnings Release 2008
Nov 19, 2008
444_rns_2008-11-19_82aa5453-08dc-4ac1-a7a8-df975125ecae.html
Earnings Release
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Corporate | 19 November 2008 17:00
Turbon AG: Turnover and result of Turbon Group still in line with the plan
Turbon AG / Quarter Results
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
Turbon AG – Turnover and result of Turbon Group still in line with the plan
Group sales of Euro 74.3 million for the first nine months of 2008 are
lower than those for the same period of 2007 (Euro 93.6 million). However,
we are still in line with the plan as nearly one-third of the decline is
currency-related and two-thirds are due to our conscious focus on core
laser cartridges and key customers. Ongoing cost saving measures continue
to pay off and resulted in improved earnings figures. Earnings before
interest and taxes (EBIT) were Euro 3.4 million (previous year Euro 1.8
million), result from ordinary operations was Euro 2.3 million (previous
year Euro 0.3 million) and consolidated net result after taxes was Euro 1.5
million versus Euro -0.2 million in 2007. Earnings per share, calculated on
the basis of the average number of shares outstanding were Euro 0.41
(previous year: Euro -0.14). Our total sales forecast of Euro 100 million
remains unchanged for the whole year of 2008. Therefore we expect positive
earnings figures also for Q4. The complete interim report for the first 9
months of 2008 is available from November 21, 2008 at Turbon AG,
Sekretariat, Ruhrdeich 10, 45525 Hattingen or at our website www.turbon.de.
Hattingen, November 19, 2008
Turbon AG
19.11.2008 Financial News transmitted by DGAP
Language: English
Issuer: Turbon AG
Ruhrdeich 10
45525 Hattingen
Deutschland
Phone: +49 (0)2324 - 504-0
Fax: +49 (0)2324 - 504-156
E-mail: [email protected]
Internet: www.turbon.de
ISIN: DE0007504508
WKN: 750450
Listed: Regulierter Markt in Frankfurt (General Standard),
Düsseldorf; Freiverkehr in Berlin, Hamburg, München,
Stuttgart
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