IMPREGLON SE
IMPREGLON SE: Impreglon boosts sales by 30%
IMPREGLON SE / Key word(s): Final Results Impreglon boosts sales by 30% After 6 Acquisitions in 2012 the number was reduced to 3 in 2014 as planned. Of the 30% sales increase (2012 EUR 91 MM) roughly 2/3 can be attributed to new acquisitions. Even though the preliminary numbers for sales and EBITDA almost exactly reached the targets for 2013 previously announced by management (sales EUR 120 MM, EBITDA EUR 16 MM) especially EBIT and EBT did not meet expectations due to special effects and/or one time charges. Essentially there are reasons: Operating costs/write offs for Ropal equipment, Obrigheim plant, BioTec exhaust air filter equipment and relocation of Lasertechnik/MBJ. Without these factors profit before taxes would be higher by EUR 3.1 MM and earnings per share would increase from EUR 0.32 to EUR 0.60. For 2014 management will focus on eliminating resp. reducing the loss producing factors. In the light of an improving economic outlook for 2014 Management expects to increase sales to approx. EUR 140 MM. With 33 plants in 14 countries on four continents around the world, Impreglon is a global leader in surface engineering.
End of Corporate News 27.01.2014 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 |
Language: | English | |
Company: | IMPREGLON SE | |
Lünertorstraße 17 | ||
21335 Lüneburg | ||
Germany | ||
Phone: | +49 (0)4131 – 2260091 | |
Fax: | +49 (0)4131 – 2260069 | |
E-mail: | info@impreglon.de | |
Internet: | www.impreglon.de | |
ISIN: | DE000A0BLCV5 | |
WKN: | A0BLCV | |
Listed: | Freiverkehr in Berlin, Düsseldorf, München (m:access), Stuttgart | |
End of News | DGAP News-Service |
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