DGAP-News: Firstextile AG confirms figures for the first nine months 2013
(firmenpresse) - DGAP-News: Firstextile AG / Key word(s): 9-month figures
Firstextile AG confirms figures for the first nine months 2013
26.11.2013 / 11:58
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Firstextile AG confirms figures for the first nine months 2013
- Revenue of EUR 153.8 mn marks nine months record revenue in the
company's history
- Increasing earnings before interest and tax (EBIT) and strong EBIT
margin of 21.4%
- Confirmation of full year forecast with revenue of EUR 204 mn - EUR 221
mn and EBIT margin of 20% - 24%
Frankfurt, 26 November 2013 - Today Firstextile AG (FT8) has published its
final financial figures for the first nine months of 2013 and thereby
confirms the preliminary figures already announced two weeks ago.
The complete report on the final results for the first nine months of 2013
is available on the company's website at www.firstextile.de, within the
'Investor Relations' area.
Company profile
Firstextile is the leading manufacturer of high-end yarn-dyed fabrics in
the Chinese market with a market share of 9% in terms of volume in 2011. It
also markets fabrics and shirts specifically designed for uniforms used by
Chinese government institutions and enterprises, as well as its own branded
men's wear for the Chinese premium market segment. The company operates
modern production facilities in Jiangyin near Shanghai, China, which is one
of the main centres of the Chinese textile industry, and it focuses
particularly on high product-quality. Net proceeds from the successful
completion of the IPO in November 2012, will primarily be used to double
annual production capacity from the current 36 million metres to 72 million
metres by the mid of next year.
End of Corporate News
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26.11.2013 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.
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: Firstextile AG
Lyoner Str. 14
60528 Frankfurt am Main
Germany
Phone: +49 (0) 69 6655 4416
Fax: +49 (0) 69 6655 4418
E-mail: ir(at)firstextile.de
Internet: www.firstextile.de
ISIN: DE000A1PG8V8
WKN: A1PG8V
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Stuttgart
End of News DGAP News-Service
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241710 26.11.2013
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Datum: 26.11.2013 - 11:58 Uhr
Sprache: Deutsch
News-ID 320320
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