DGAP-News: IMPREGLON SE: Impreglon Grows Despite Weak Economy Strong Earnings Boost in Second Quarter
(firmenpresse) - DGAP-News: IMPREGLON SE / Key word(s): Half Year Results
IMPREGLON SE: Impreglon Grows Despite Weak Economy Strong Earnings
Boost in Second Quarter
29.07.2013 / 07:35
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Impreglon Grows Despite Weak Economy
Strong Earnings Boost in Second Quarter
Even with no new acquisitions, sales in the second quarter of 2013 rose to
a new record of nearly EUR 30 million. With total sales of EUR 58 million
for the first half of 2013, it appears that the forecast of EUR 120 million
for the year will be achieved.
But an even more positive development is the dramatic improvement in profit
margins. At EUR 0.13 in the second quarter of 2013, the profit per share
nearly doubled compared to the same quarter last year and more than tripled
over the results of the first quarter of this year. With second quarter
EBITDA of EUR 4 million, management's stated target of EUR 16 million for
the year seems a realistic goal.
If management's expectations are confirmed, with no further weakening of
the economy in the second half of 2013 and stabilized sales in the western
European automotive industry, the targets might even be exceeded.
After the acquisition of 'TOP Oberflächen GmbH' in Würzburg, Impreglon is
planning to acquire one or two more companies in the course of the rest of
this year with the intention to reduce the proportion of automotive
business in favor of other sectors.
With 30 plants in 13 countries on four continents around the world,
Impreglon is a global leader in surface engineering.
Q2 Q2 Q1+Q2 Q1+Q2End of Corporate News
2013 2012 2013 2012
Sales (TEUR) 29,277 20,220 58,035 40,981
EBITDA (TEUR) 4,000 2,985 7,183 6,859
EBIT (TEUR) 1,906 1,308 2,911 3,646
EBT (TEUR) 1,515 914 1,943 2,814
Net result (TEUR) 1,060 640 1,360 1,970
Earnings per share (EUR) 0.13 0.07 0.17 0.24
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29.07.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: IMPREGLON SE
Lünertorstraße 17
21335 Lüneburg
Germany
Phone: +49 (0)4131 - 2260091
Fax: +49 (0)4131 - 2260069
E-mail: info(at)impreglon.de
Internet: www.impreglon.de
ISIN: DE000A0BLCV5WKN: A0BLCV
Listed: Freiverkehr in Berlin, Düsseldorf, München (m:access),
Stuttgart
End of News DGAP News-Service
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222859 29.07.2013
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Datum: 29.07.2013 - 07:35 Uhr
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News-ID 282351
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