DGAP-News: CFC Industriebeteiligungen AG: CFC Industriebeteiligungen AG releases financial figures for fiscal year 2010
(firmenpresse) - DGAP-News: CFC Industriebeteiligungen AG / Key word(s): Final Results
CFC Industriebeteiligungen AG: CFC Industriebeteiligungen AG releases
financial figures for fiscal year 2010
25.03.2011 / 11:50
---------------------------------------------------------------------
- EBITDA for the group with EUR 2.5mn significantly positive
- Revenue grew 7.9% in 2010 based on comparable figure of the previous
year
- Cash flow from operating activities increased to EUR 5.0mn
- Positive developments of portfolio companies provide a good position
for the future
Dortmund, March 25, 2010
Today, CFC Industriebeteiligungen AG (ISIN: DE000A0LBKW6), Dortmund,
releases the annual report 2010 and presents the audited consolidated
financial statements (HGB) for the past fiscal year.
In fiscal year 2010 CFC generated group sales of EUR 79.2 million. Compared
to the previous year, this corresponds to a decrease in sales of 35.5
percent. However, in fiscal year 2009 group sales included considerable
revenues of meanwhile divested companies. As far as the remaining portfolio
companies are concerned, group sales exceeded the sales volume generated in
the previous year by 7.9 percent.
Earnings before interest, taxes, depreciation and amortization (EBITDA) of
EUR 2.5 million were significantly positive again. Hence, CFC also
continued the operational turnaround on a full year basis.
As per December 31st 2010, CFC has a total equity capital of EUR 5.3
million on the group level. This corresponds to an equity ratio of roughly
10.1 percent, given total assets in the amount of EUR 52.6 million. In
consideration of minority interests in the result of the group, the net
income attributable to shareholders of CFC amounts to KEUR -596. This
corresponds to a loss per share of EUR 0.07.
The Cash flow from operating activities amounted to EUR 5.0 million and was
significantly positive in 2010, compared to EUR -19.2 million in the same
period of 2009. Cash and cash equivalents in the group amounted to EUR 6.3
million on December 31st 2010.
CFC feels vindicated in the course it adopted in 2009 by the results of
2010 and finds itself well positioned for the future. In the next months,
the achieved results on the portfolio company level will be further
developed and the portfolio, by means of acquisitions, specifically
enhanced.
The complete annual group report 2010 (German version only) will be made
available for download from the company website (http://www.cfc.eu.com)
under Investor Relations/Financial reports by end of business of March 25th
2010.
Contact:
CFC Industriebeteiligungen AG
Westfalendamm 9
44141 Dortmund
Jan Philipp Gieselberg
Phone: + 49 (0) 231 222 40 500
E-Mail: info(at)cfc.eu.com
End of Corporate News
---------------------------------------------------------------------
25.03.2011 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
---------------------------------------------------------------------
117030 25.03.2011
Datum: 25.03.2011 - 11:50 Uhr
Sprache: Deutsch
News-ID 33588
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 284 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: CFC Industriebeteiligungen AG: CFC Industriebeteiligungen AG releases financial figures for fiscal year 2010"
steht unter der journalistisch-redaktionellen Verantwortung von
CFC Industriebeteiligungen AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
