DGAP-News: Masterflex AG: Successful business in Q1 2012

DGAP-News: Masterflex AG: Successful business in Q1 2012

ID: 143082

(firmenpresse) - DGAP-News: Masterflex AG / Key word(s): Quarter Results
Masterflex AG: Successful business in Q1 2012

07.05.2012 / 11:00

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Press Release

Masterflex AG: Successful business in Q1 2012

Gelsenkirchen, 7 May 2012 - Masterflex AG, a global specialist in the
development and production of high-quality connector systems using
high-tech plastics, has had a successful start to 2012. Revenue increased
by 4.2% to EUR14.5 million (previous year: EUR13.9 million). EBIT is at
EUR2.1 million and the EBIT margin is 14.6%. Net profit for the year
amounts to EUR1.1 million. This corresponds to earnings of EUR0.12 per
share.

Dr. Andreas Bastin, CEO of Masterflex, commented: 'The sound EBIT margin of
14.6% again shows clearly that our business model - the development,
production and consultation-oriented sale of high-tech connector solutions
- is highly profitable, despite initial costs for internationalisation.'

31 Mar    31 March   Cha-
2012 2011 nge
Consolidated revenue (EUR thou.) 14,511 13,929 4.2%
EBITDA (EUR thou.) 2,761 3,014 -8.4%
-
EBIT (EUR thou.) 2,124 2,399 11.5%
EBT (EUR thou.) 1,734 1,764 -1.7%
Consolidated earnings from continued business 1,137 1,252 -9.2%
units (EUR thou.)
Consolidated earnings from discontinued -6 -278 97.8%
business units (EUR thou.)
Consolidated net income/loss (EUR thou.) 1,063 935 13.7%
Earnings per share (EUR) 0.12 0.11 9.1%
EBIT margin 14.6% 17.2%




Employees 472 431 9.5%
31 Mar 31 March Chan
2012 2011 ge
Consolidated equity (EUR thou.) 17,460 16,239 7.5%
Consolidated total assets (EUR thou.) 51,017 50,930 0.2%
Consolidated equity ratio (%) 34.2% 31.9%

The interim report has confirmed the provisional figures (disclosure dated
24 April 2012).

Masterflex is now progressing further on its long-term oriented development
course. 'We are investing in the future with a transparent objective: We
intend to be a global market leader in all of the markets we serve.
Extending from our German and European basis, we are creating today the
foundation for the additional business of tomorrow, in order to be more
strongly anchored in the most dynamic regions of the world,' says Bastin.

The next date in the financial calendar is the Annual General Meeting on 19
June at 11.00 a.m. in Gelsenkirchen.

The Masterflex Group is a specialist in the development and production of
high-quality connector and hose systems. With 13 operating units in Europe,
America and Asia, the Group is represented almost all over the world. Its
growth is driven by internationalisation and innovation. Masterflex shares
have been listed as Prime Standard on the German stock exchange since 2000.

Contact: Dr. Annette Littmann, annette.littmann(at)masterflex.de
Phone + 49 209 970 77 44


End of Corporate News

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07.05.2012 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: Masterflex AG
Willy-Brandt-Allee 300
45891 Gelsenkirchen
Germany
Phone: +49 (0)209 97077-44
Fax: +49 (0)209 97077-20
E-mail: annette.littmann(at)masterflex.de
Internet: www.masterflex.de
ISIN: DE0005492938
WKN: 549 293
Indices: Prime all share
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart


End of News DGAP News-Service
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168293 07.05.2012


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Bereitgestellt von Benutzer: EquityStory
Datum: 07.05.2012 - 11:00 Uhr
Sprache: Deutsch
News-ID 143082
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