DGAP-News: CFC Industriebeteiligungen AG: CFC Industriebeteiligungen AG releases financial figures for fiscal year 2011
(firmenpresse) - DGAP-News: CFC Industriebeteiligungen AG / Key word(s):
Miscellaneous/Final Results
CFC Industriebeteiligungen AG: CFC Industriebeteiligungen AG releases
financial figures for fiscal year 2011
01.10.2012 / 16:40
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- EBITDA for the group with EUR 2.3mn positive
- Revenue decreased by 13.4 % based on comparable figure of the previous
year
- Cash flow from operating activities amounts to EUR - 1.9mn
- Insolvency of main entities of Berndes-Group affects financial figures
of 2011
Dortmund, October 1st 2012
Today, CFC Industriebeteiligungen AG (ISIN: DE000A0LBKW6), Dortmund,
releases its annual report for 2011 and presents financial statements (HGB)
for the past fiscal year.
The insolvency of the main entities of Berndes-group in July 2012 had a
significant impact on CFC's financial figures for the fiscal year 2011 and
caused - on a group-level - allowances for depreciation of intangible
assets related to the Berndes-Group in the amount of EUR 8.4mn.
In fiscal year 2011 CFC generated group sales of EUR 79.3mn. Even though it
matches the level of the previous year CFC's group sales figures include
sales of NewTal Elektronik und Systeme GmbH, Neu-Ulm, which was acquired in
2011. Comparing last year's portfolio composition group sales decreased by
13.4 %.
Earnings before interest, taxes, depreciation and amortization (EBITDA) are
positive and amount to EUR 2.3mn. As per December 31st 2011, CFC has a
negative equity capital of EUR -7.0mn on a group level. In consideration of
minority interest in the result of the group, the net income attributable
to CFC's shareholders amounts to KEUR -10.3 TEUR. This corresponds to a
loss per share of EUR 1.22.
The Cash flow from operating activities amounted to EUR -1.9mn. As of
December 31st 2011, cash and cash equivalents in the group amounted to EUR
2.4mn.
In the future CFC will further intensify the development of its
electronic-segment.
The annual group report 2011 (German version only) will be made available
for download from the company's website (hhtp://www.cfc.eu.com) under
Investor Relations/ Financial Reports by end of business of October 1st
2012. Please be advised, that the annual group report 2011 contains the
consolidated financial statements for which no auditor's opinion has been
issued as of today. The auditor's opinion has not been issued yet, since
negotiations with major creditors are still ongoing.
Contact:
CFC Industriebeteiligungen AG
Westfalendamm 9
44141 Dortmund
Christina Tümmler
Phone: + 49 (0) 231 222 40 500
E-Mail: info(at)cfc.eu.com
End of Corporate News
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Language: English
Company: CFC Industriebeteiligungen AG
Westfalendamm 944141 Dortmund
Germany
Phone: +49 (0)231-22240 500
Fax: +49 (0)231-22240 501
E-mail: info(at)cfc.eu.com
Internet: www.cfc.eu.com
ISIN: DE000A0LBKW6
WKN: A0LBKW
Listed: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Open Market
(Entry Standard) in Frankfurt
End of News DGAP News-Service
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187253 01.10.2012
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Datum: 01.10.2012 - 16:40 Uhr
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