DGAP-News: Turbon AG: Financials 2011

DGAP-News: Turbon AG: Financials 2011

ID: 125500

(firmenpresse) - DGAP-News: Turbon AG / Key word(s): Final Results
Turbon AG: Financials 2011

16.03.2012 / 10:07

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Turbon AG: Financials 2011

In the year 2011 the following preliminary sales and results were achieved:
consolidated sales in the financial year were Euro 80.7 million (previous
year: Euro 75.7 milllion). EBIT was Euro 6.5 million (previous year: Euro
4.8 million) and the result from ordinary operations was Euro 5.5 million
(previous year: Euro 3.9 million). After deduction of income taxes, the
group net income in 2011 was Euro 3.4 million (previous year: Euro 2.2
million).

We are planning consolidated sales between Euro 86 and 90 million for the
financial year 2012. By achieving consolidated sales at the lower end of
the mentioned range we expect the same consolidated profit before taxes as
in 2011; any additional sales should then allow an improvement in
consolidated profit before taxes.

The Supervisory Board Meeting resolving the 2011 financials will take place
on April 19, 2012. Subject in this meeting will also be the dividend
recommendation to the annual shareholder meeting taking place on June 21,
2012 in Hattingen. The complete annual report for the fiscal year 2011 will
be published on April 20, 2012 on our website at www.turbon.de and will be
available at Turbon AG (Sekretariat, Ruhrdeich 10, 45525 Hattingen) from
April 30, 2012.

Hattingen, March 16, 2012
Turbon AG


End of Corporate News

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16.03.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,




Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Turbon AG
Ruhrdeich 10
45525 Hattingen
Germany
Phone: +49 (0)2324 - 504-0
Fax: +49 (0)2324 - 504-156
E-mail: info(at)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


End of News DGAP News-Service
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160920 16.03.2012


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Bereitgestellt von Benutzer: EquityStory
Datum: 16.03.2012 - 10:07 Uhr
Sprache: Deutsch
News-ID 125500
Anzahl Zeichen: 6473

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