HamaTech AG
HamaTech Reports Final Results for the Business Year 2006
HamaTech AG / Final Results Release of a Corporate-announcement, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- HamaTech Reports Final Results for the Business Year 2006 Sternenfels, March 30, 2007 - The HamaTech AG, Sternenfels, reports consolidated sales for the continuing activities in the amount of EUR 57.9 million in 2006 (previous year: EUR 105.2 million). The EBIT in the business year 2006 came to a loss of EUR 12.3 million following a loss of EUR 10.0 million in the previous year. The earnings after taxes posted a loss in the amount of EUR 15.7 million. The loss of the year 2006 includes restructuring charges at the Sternenfels location totaling EUR 3.7 million. Thereof, EUR 2.2 million is attributable to the shut-down of the Pre-Recorded division implemented in the first quarter of 2006. Additional EUR 1.5 million stem from provisions for severance payments in connection with the agreed relocation of the Recordable division to the site in Kahl am Main. Furthermore, the subsidiary HamaTech Inc., USA, burdened the results with EUR 4.6 million in the past business year. Here, the Executive Board decided at the end of the year to relocate these activities to Sternenfels and thus to adjust all fixed expenses in this connection, which were incurred in the US. In the DVD/R division the order intake amounted to EUR 11.9 million in the business year 2006. The capital expenditure demand from Asia almost completely faded away in 2006 as well; an increase in demand was only experienced from South America. For the CD-R format, orders in the amount of EUR 8.3 million were recorded in the past business year, while the level of orders had reached EUR 1.2 million in the preceding year. Here, the increase was also attributable to rising demand from South America. The final sales of the remaining Prerecorded machines resulted in an order intake for machines for the production of CD/DVD of EUR 2.4 million in the business year 2006. Overall, the Optical Disc segment including the division Service/Spare Parts recorded an order intake totaling EUR 28.2 million in the business year 2006 (previous year: EUR 65.2 million). The Advanced Process Equipment (APE) segment posted an order intake in the amount of EUR 16.6 million in the business year 2006 (previous year: EUR 19.7 million). In November 2006, the relocation of the Optical Disc business segment to SINGULUS’ site in Kahl was decided. Therefore, all Optical Disc activities are concentrated in Kahl. The relocation will be completed by April 2007. The majority of the shares of the Manufacturing Services, Slovakia, were sold at the beginning of October. The HamaTech machines for Recordable formats will be manufactured by this company in the future as well. At the beginning of 2007 an additional portfolio optimization was completed: The ETA-Optik was sold to the Swedish company AudioDev. A strategic course was set with the spin-off of the business segment Advanced Process Equipment (APE) into a legally independent company. With this measure the segment gains greater autonomy within the SINGULUS Group. At the same time, scope for the development of new business ideas and markets is created to expand this unit to an even more significant sales and earnings contributor in the future. The trend in the segment Advanced Process Equipment was positive: Sales compared with the previous year more than doubled. End of the press release HamaTech AG Ferdinand-von-Steinbeis-Ring 10 75447 Sternenfels / Germany Internet: http://www.hamatech.de ISIN: DE0007309007, WKN: 730900 Bernhard Krause MetaCom Corporate Communications GmbH Tel.: +49 (0)6181-9828020 Mobile: +49 (0)170-9202924 Fax: +49 (0)6181-9828010 eMail: Bernhard.Krause@go-metacom.de DGAP 30.03.2007 ---------------------------------------------------------------------- Language: English Issuer: HamaTech AG Ferdinand-von-Steinbeis-Ring 10 75447 Sternenfels Deutschland Phone: +49 (0)7045/41-0 Fax: +49 (0)7045/41-119 E-mail: info@hamatech.de www: www.hamatech.de ISIN: DE0007309007 WKN: 730900 Indices: CDAX Listed: Geregelter Markt in Frankfurt (General Standard), Stuttgart; Freiverkehr in Berlin-Bremen, München, Hamburg, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
Aktuelle News
Aktuelle Berichte
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden