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UET United Electronic Technology AG

Earnings Release Mar 26, 2010

5478_rns_2010-03-26_cb057524-b68d-48fc-9c06-b21902387cb4.html

Earnings Release

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News Details

Corporate | 26 March 2010 14:56

CFC Industriebeteiligungen releases financial figures for fiscal year 2009

CFC Industriebeteiligungen AG / Final Results

26.03.2010 14:56

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.


++Divested companies burden group result for the last time

++EBITDA of the remaining portfolio companies is almost balanced, decrease
in revenues of only approx. 3% compared to the previous year

++CFC is well-positioned for the future, given the positive developments of
the remaining portfolio companies

Dortmund, March 26th 2010

In past fiscal year 2009 CFC Industriebeteiligungen AG (ISIN:
DE000A0LBKW6), Dortmund, generated group sales of EUR 122.7 million.
Compared to the previous year, this corresponds to a decrease in sales of
11.3%. However, the decline in revenues of the three remaining portfolio
companies was limited to only 3%, despite the most severe economic
recession since more than 60 years. The operating result (EBITDA) amounted
to EUR -23.5 million, which mainly came from losses associated with the
sale of delmod, Rosner, and Format as well as losses of these companies
that were accounted for proportionately within the group. For the remaining
portfolio companies, EBITDA was almost balanced. As per December 31st 2009,
CFC has a total equity capital of EUR 12.6 million on the group level. This
corresponds to an equity ratio of roughly 25.2%, given total assets in the
amount of EUR 49.9 million. In consideration of minority interests in the
result of the group, the net income attributable to shareholders of CFC
amounts to EUR -19.6 million. This corresponds to a loss per share of EUR
3.1.

As a result of the measures implemented in the past year and the already
visible accomplishments, CFC finds itself well-positioned for the future.

The complete annual report 2009 is available for download from the company
website (http://www.cfc.eu.com) under Investor Relations/Financial reports.

Contact:
CFC Industriebeteiligungen AG
Director Finance
Ingo Wurzer
phone: +49 231 222 40 500
fax: +49 231 222 40 501
email: [email protected]

26.03.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de


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