DGAP-News: Masterflex SE: Demand and growth picking up again
(firmenpresse) - DGAP-News: Masterflex SE / Key word(s): Half Year Results
Masterflex SE: Demand and growth picking up again
12.08.2013 / 08:00
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Masterflex SE: Demand and growth picking up again
- Q2 with an increase in revenue of 6.4%
- Total growth of 2.5% in the first six months
- Results of operations largely stable
Gelsenkirchen, 12 August 2013: In the first six months Masterflex SE has
been able to return to the growth path pursued in recent years. In Q2
alone, revenue attained by the manufacturer of high tech hoses and
connector systems rose by 6.4 percent. The bottom line is that after a weak
start in Q1, revenue totalled EUR29 million in the first six months, around
2.5 percent more compared to the previous year.
Dr. Andreas Bastin, Masterflex CEO said: 'Despite the downbeat tones being
heard all round the euro zone, we are experiencing growth again. That is
clear confirmation of our strategy. Our internationalisation policy is
showing the first signs of clearly measurable successes. Nevertheless, we
will not slacken the pace of our efforts - because we still have a long way
to go to become global market leader in our specialist markets. At the
moment we are paving the way with particular regard to building up our
sales and marketing. And this proactive stance will gradually pay off with
increasing sales. These up-front costs of internationalisation are
nevertheless essential in order to be successful in the long term'.
In addition, under the second pillar of growth strategy, another Masterflex
Group milestone was achieved: the launch of the innovative PA Duopart(R)
hose in spring, which was well received by customers. Of particular note is
the fact that, thanks to a special manufacturing process, the polyamide
hose is welded in separate sections and not over its entire length (see
image). This is particularly significant in pneumatic applications for
making air-tight seals to the couplings.
The next Masterflex product innovation will be launched in the autumn.
The financial figures for the first half year 2013
30.06.2- 30.06.2-The Masterflex Group is a specialist in the development and production of
013 012 Change
Consolidated revenue (kEUR) 28,966 28,261 + 2.5%
EBITDA (kEUR) 4,568 5,295 -13.7%
EBIT (kEUR) 3,302 4,013 -17.7%
EBT (kEUR) 2,443 3,231 -24.4%
Consolidated earnings from continued business 1,550 2,053 -24.5%
units (kEUR)
Consolidated earnings from discontinued 2 -14
business units (kEUR)
Consolidated net income/loss (kEUR) 1,470 1,940 -24.2%
Earnings per share from continued business
units (EUR) 0.17 0.22 -22.7%
Earnings per share from discontinued business
units (EUR) 0.00 0.00
Earnings per share (EUR) 0.17 0.22 -22.7%
EBIT margin 11.4% 14.2%
Employees 525 485 8.2%
30.06.20 31.12.20
13 12 Change
Consolidated equity (kEUR) 21,711 20,524 5,8%
Consolidated total assets (kEUR) 54,922 52,435 4.7%
Consolidated equity ratio (%) 39.5% 39.1%
* Continued business units
** without minority interests
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.
Contact: Dr Annette Littmann, tel. +49 209 970 77 44, e-mail:
annette.littmann(at)masterflex.de
End of Corporate News
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Language: English
Company: Masterflex SE
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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225109 12.08.2013
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Datum: 12.08.2013 - 08:00 Uhr
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