Turbon AG — Earnings Release 2010

Mar 15, 2011

News Details

Corporate | 15 March 2011 08:46

Turbon AG: Target 2010 achieved

Turbon AG / Key word(s): Final Results

15.03.2011 / 08:46

Turbon AG - Target 2010 achieved

Turbon AG: Result of the year 2010

Both sales as well as earnings figures of Turbon Group were in line with
our plan. Consolidated sales in the financial year 2010 were 75.7 million
Euro (previous year: 85.9 million Euro). EBIT was 4.8 million Euro
(previous year: 6.8 million Euro) and the result from ordinary operations
was 3.9 million Euro (previous year: 5.8 million Euro). After deduction of
income taxes group net income in 2010 was 2.2 million Euro (previous year:
3.5 million Euro).

Based on the figures of the first two months 2011 we adhere to our
published outlook for 2011 with sales in the amount of 84.0 million Euro
and a result before taxes of 5.0 million Euro.

The Supervisory Board Meeting resolving the 2010 financials will take place
on April 20, 2011. Subject in this meeting will also be the dividend
recommendation to the annual shareholder meeting taking place on June 22,
2011 in Hattingen. The complete annual report for the fiscal year 2010 will
be published on April 21, 2011 on our website at www.turbon.de and will be
available at Turbon AG (Sekretariat, Ruhrdeich 10, 45525 Hattingen) from
April 29, 2011.

Hattingen, March 15, 2011
Turbon AG

End of Corporate News

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Language: English
Company: Turbon AG
Ruhrdeich 10
45525 Hattingen
Deutschland
Phone: +49 (0)2324 - 504-0
Fax: +49 (0)2324 - 504-156
E-mail: info@turbon.de
Internet: http://www.turbon.de
ISIN: DE0007504508
WKN: 750450
Listed: Regulierter Markt in Düsseldorf, Frankfurt (General
Standard); Freiverkehr in Berlin, Hamburg, München,
Stuttgart

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