DGAP-News: Nabaltec AG: Dynamic growth continues in Q1 2011
(firmenpresse) - DGAP-News: Nabaltec AG / Key word(s): Quarter Results
Nabaltec AG: Dynamic growth continues in Q1 2011
02.05.2011 / 10:00
---------------------------------------------------------------------
Nabaltec AG: Dynamic growth continues in Q1 2011
- Revenues of EUR 35.3 million mark new record
- EBIT increase fourfold to EUR 3.9 million and EBIT margin climbs to 11.0%
- Outlook on 2011: Projections of disproportionate EBIT growth confirmed
Schwandorf, 2 May 2011 - Nabaltec AG, a supplier of eco-friendly fillers
and additives as well as raw materials for technical ceramics for a large
number of applications in a variety of industries, achieved a record result
in the first quarter of 2011. Revenues climbed from EUR 24.4 million to EUR
35.3 million, which represents a 44.7% increase on the same period of the
previous year and a 14.2% improvement on the previous record of Q4 2010.
Earnings increased at a disproportionate rate, with earnings before
interest and taxes rising from EUR 0.9 million to EUR 3.9 million. The EBIT
margin (based on total output) climbed to 11.0%, while EBITDA more than
doubled from EUR 2.8 million to EUR 5.9 million. The consolidated result
improved from EUR -0.3 million to a net profit of EUR 1.6 million.
The dynamic growth of Nabaltec was felt across all product segments and
regions. The 'Functional Fillers' Business Division reported a 45.2%
increase in revenues, while the 'Technical Ceramics' Business Division
achieved only slightly lower revenue growth of 43.6%.
The conditions for continued growth remain stable and intact. Incoming
orders stay at a high level and once again exceeded revenues in the first
quarter. The current order backlog gives the company great planning
certainty for the full year 2011. Nabaltec has confirmed its projections
for 2011 and expects revenues to grow by a low double-digit percentage.
Earnings before interest and taxes (EBIT) 2011 are projected to increase at
a higher rate than revenues.
Note: The report for the first three months of 2011 of Nabaltec AG will be
available for download from the Investor Relations section at
www.nabaltec.de starting 31 May 2011.
About Nabaltec AG:
Nabaltec AG, with registered office in Schwandorf, a chemicals business
which has received multiple awards for innovativeness, manufactures,
develops and distributes highly specialized products based on aluminum
hydroxide ('ATH') and aluminum oxide, as well as other raw materials, on an
industrial scale through its 'Functional Fillers' and 'Technical Ceramics'
divisions. The company's product range includes halogen-free flame
retardant fillers and eco-friendly additives for the plastics industry.
Flame retardant fillers are used e.g. in cables in tunnels, airports,
high-rise buildings and electronic devices, while additives replace
stabilizers containing heavy metals in PVC processing. Nabaltec also
produces base materials for use in technical ceramics, the refractory
industry and catalysis. Unlike halogenated flame retardant fillers, the
products manufactured by the company's 'Functional Fillers' division
contain no hazardous substances and do not require separate disposal.
Rather, the company's flame retardant fillers actually decrease the
development of fumes hazardous to human health and the environment in the
event of fire. Nabaltec maintains production sites in Germany and the US
and plans to continue to consolidate its market position by expanding
capacity, further optimizing processes and quality and making strategic
extensions to its product range. On the strength of its specialty products,
the company strives to attain the market leadership in each segment.
Contact:
Heidi Wiendl
Nabaltec AG
Phone: +49 9431 53-202
Fax: +49 9431 53-260
E-mail: InvestorRelations(at)nabaltec.de
Frank Ostermair
Better Orange IR&HV AG
Phone: +49 89 8896906-14
Fax: +49 89 8896906-66
E-mail: frank.ostermair(at)better-orange.de
End of Corporate News
---------------------------------------------------------------------
02.05.2011 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
---------------------------------------------------------------------
Language: English
Company: Nabaltec AG
Alustraße 50-52
92421 Schwandorf
Deutschland
Phone: +49 9431 53-0
Fax: +49 9431 53-260
E-mail: info (at)nabaltec.de
Internet: www.nabaltec.de
ISIN: DE000A0KPPR7, DE000A1EWL99
WKN: A0KPPR, A1EWL9
Listed: Freiverkehr in Berlin, Düsseldorf, München, Stuttgart;
Entry Standard in Frankfurt
End of News DGAP News-Service
---------------------------------------------------------------------
122345 02.05.2011
Datum: 02.05.2011 - 10:00 Uhr
Sprache: Deutsch
News-ID 33923
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 139 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: Nabaltec AG: Dynamic growth continues in Q1 2011"
steht unter der journalistisch-redaktionellen Verantwortung von
Nabaltec AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
