ISRA VISION Parsytec AG
Parsytec AG: Parsytec revenue increases by 17% in 2005
Corporate-news transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Cash increase of + EUR 1.7 million despite buyback of shares
Parsytec revenue increases by 17% in 2005
Net return of 5.2% EAT, 50% increase for 2006 targeted
Aachen/Germany – 7 February 2006. Parsytec AG – the world’s leading
supplier of surface and web inspection systems for strip products –
announces the preliminary results of the fiscal year 2005. The final
audited and certified results will be published on March 14th. The
following figures have been calculated according to the International
Financial Reporting Standards (IFRS).
(Million of EUR) 12M 2005 12M 2004 Q4 2005 Q4 2004
Order Entry 26.0 24.4 8.6 5.8
Revenue 28.6 24.5 6.6 5.8
Gross Profit 14.6 13.8 3.5 3.2
EBIT 2.2 -0.1 0.6 -0.1
EAT 1.5 -0.1 0.4 -0.2
At EUR 8.6 million in Q4 2005, the order entry reached the highest level
since Q1 2003. In comparison to 2004, the order entry increased by 6% to
EUR 26 million. This positive development is mainly the result of a 30%
increase of the order entry in the steel market compared to 2004 and the
successful market placement of parsytec 5i .
In comparison to 2004, the company increased its revenue by 17% to EUR 28.6
million in the fiscal year 2005. Compared to Q4 2004 it increased by 13% to
EUR 6.6 million. Despite a buyback of about 294,000 shares, the company
generated a total cash flow of EUR 1.7 million, the cash and cash
equivalents increased by 12% to EUR 15.9 million.
With a net return of 6.2% EAT in the 4th quarter and 5.2% EAT for the
entire year, the company has well reached its planned first interim goal of
sustained profitability.
Based on this, the company’s goal of a net return increase of at least 50%
for the year 2006 is reconfirmed. The revenue in H1/2006 is expected to be
about equal to that of H2/2005, with a planned significant increase in
H2/2006 and at least a moderate growth for the entire year 2006.
Parsytec AG
Investor Relations
Auf der Huels 183
52068 Aachen
Germany
Tel +49 (241) 9696 200
Fax +49 (241) 9696 500
Email: info@parsytec.de
Internet: www.parsytec.de
(c)DGAP 07.02.2006
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language: English
emitter: Parsytec AG
Auf der Hüls 183
52086 Aachen Deutschland
phone: +49 (0)2419696-200
fax: +49 (0)241 9696-500
email: ir@parsytec.de
WWW: www.parsytec.de
ISIN: DE0005089908
WKN: 508990
indexes:
stockmarkets: Geregelter Markt in Frankfurt; Freiverkehr in Berlin-Bremen,
Hannover, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service
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