Surteco SE

News Detail
SURTECO

Ad-hoc announcements, press releases, directors’ dealings and voting rights notifications – fast, precise and informative. As a shareholder, investor and interested party, you will find all the relevant capital market releases on these pages.

Inside Information (AD-HOC Release): SURTECO SE: Half-year figures for the period 1 January to 30 June 2012

SURTECO SE / Key word(s): Half Year Results/Interim Report 10.08.2012 07:38 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Buttenwiesen-Pfaffenhofen, 10 August 2012 - SURTECO SE, leading manufacturer of surface materials based on plastics and technical papers for the international construction and furniture industries, generated sales of EUR 210.9 million in the first half-year of 2012 and was therefore at the level of the equivalent year-earlier period amounting to EUR 211.6 million. Sales in the domestic market eased by 1 %, whereas foreign sales remained constant. The share of foreign sales in total sales rose by one percentage point to 68 %. The Strategic Business Unit Plastics increased sales by 2 % to EUR 122.2 million during the first six months of the business year. The paper segment achieved sales of EUR 88.7 million (-3 %). In the first two quarters, the operating result (EBITDA) of the SURTECO Group amounted to EUR 26.5 million (-16 %). Earnings before tax (EBT) decreased by 9 % to EUR 11.5 million. The fall was essentially due to the ongoing high costs for raw materials and from a provision for restructuring amounting to EUR 1.7 million. The cost of materials ratio increased by 0.5 percentage points to 46.5 % by comparison with the equivalent period in the previous year. Consolidated net profit after the first six months of the business year came to EUR 7.8 million (2011: EUR 8.1 million). Earnings per share amounted to EUR 0.70 (2011: EUR 0.74) based on 11,075,522 no-par-value shares. 10.08.2012 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: SURTECO SE Johan-Viktor-Bausch-Str. 2 86647 Buttenwiesen-Pfaffenhofen Germany Phone: +49 (0)8274 99 88-0 Fax: +49 (0)8274 99 88-5 05 E-mail: ir@surteco.com Internet: www.surteco.com ISIN: DE0005176903 WKN: 517 690 Listed: Regulierter Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin, Düsseldorf, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------