DGAP-News: Hoffmann AHG SE: Hoffmann AHG GmbH&Co. KG announces year-end results with a strong growth in revenues and significant growth in net profits in 2011. Outlook for 2012 is very positive.
(firmenpresse) - DGAP-News: Hoffmann AHG SE / Key word(s): Final Results
Hoffmann AHG SE: Hoffmann AHG GmbH&Co. KG announces year-end results
with a strong growth in revenues and significant growth in net profits
in 2011. Outlook for 2012 is very positive.
17.02.2012 / 18:30
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Hoffmann AHG SE: Hoffmann AHG GmbH&Co. KG announces year-end results with
a strong growth in revenues and significant growth in net profits in 2011.
Outlook for 2012 is very positive.
Hoffmann AHG SE: Year-end resultsfor 2011confirm revenue and profit
expectations, with a clear increase in revenues and profit in comparison to
the previous year. The primary growth driver is the processing of car
exports for the auto industry.The continuing growth trend remains intact
for 2012.
Karlsruhe, February 23, 2012 - Hoffmann GmbH&Co. KG, a subsidiary of the
Hoffmann AHG SE (Open Market, ISIN DE000A1C8113), reported its year-end
results for the business year 2011 (business year-end December 31, 2011).
The company was founded in June 2010 and started its operations in the
second half of 2010. The Hoffmann AHG is specialized in the accurate
processing of commercial exports in compliance with all relevant tax
considerations for vehicles, machinery, plants and goods.
The 2011, revenues reached a level of EUR 13.83 million, which represents a
significant increase in comparison to the 2010 revenues of EUR 1.13
million. The resulting EBIT was EUR 156,396 versus EUR 4,989 the previous
year. The annual net profit alsoshowed a marked increase from EUR 8,275 to
EUR 126,090.
The total assets increased to EUR 964,538 in 2011 (2010: EUR 276,177). At
the business year-end, the company stated equity of EUR 400,425 resulting
in an equity ratio of 41.5 %. Reflecting the business expansion, the
liabilities of the company grew to EUR 433,429 (2010: EUR 273,677).
In the past year, the Hoffman AHG was able to acquire a large number of new
clients as well as post consistent growth in the monthly number of
transactions every month. Therefore, for the current business year, the
company expects an EBIT, which will be significantly above that of 2011. In
the reporting period, the company strengthened and extended its market
leadership in the core business area of Automotive (new / used car sales).
As of 2012, new revenues will be generated through the exploitation of new
market segments such as commercial vehicles and industry machinery, in
addition to the expansion and internationalization in the automotive
sector.
No Offer: this release represents neither an offer nor a request to submit
an offer for the purchase of securities.The securities of the Hoffmann AHG
SE described herein are not offered for sale in the USA and are not
registered in accordance with US securities legislation.
For more information: www.hoffmann-ahg.com
End of Corporate News
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Datum: 17.02.2012 - 18:30 Uhr
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