burgbad Aktiengesellschaft
burgbad AG: Nine-Month Figures for 2009
burgbad Aktiengesellschaft / Quarter Results 12.11.2009 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Bad Fredeburg, 12 November 2009 - burgbad AG, the European market leader for bathroom furniture in the premium segment, today published its nine-month figures for 2009. The company generated sales of EUR 60.8 million, compared with EUR 61.7 million in the equivalent period in 2008. Of these sales, EUR 35.2 million were attributable to the company's German home market. 38.0% of total sales were thus generated abroad. Earnings before interest and taxes (EBIT) totalled EUR 5.8 million at the end of the first nine months of 2009 (previous year: EUR 6.5 million). This corresponds to an EBIT margin of 9.5%, as against 10.5% in the previous year. Overall, burgbad posted consolidated net income of EUR 3.9 million. This improvement on the previous year's figure of EUR 3.0 million is due to the substantial reduction in taxes on income, which were affected in the previous year by one-off, non-cash tax expenses of EUR 1.6 million. Earnings per share for the first nine months of 2009 amounted to EUR 1.12 (previous year: EUR 0.86). For the 2009 financial year as a whole, the Management Board of burgbad AG continues to expect the company to outperform the overall market. This confidence is based on the one hand on the satisfactory course of business to date and on the other on the new orders totalling EUR 61.6 million received in the first nine months of 2009. The complete quarterly report is available for downloading from www.burgbad.de. The Management Board Contact: Linh Chung Haubrok Investor Relations GmbH Telephone: 0211/301260 Email: l.chung@haubrok.de 12.11.2009 Financial News distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: burgbad Aktiengesellschaft Kirchplatz 10 57392 Schmallenberg Deutschland Phone: +49 (0) 2974.9617-0 Fax: +49 (0) 2974.9617-277 E-mail: info@burgbad.de Internet: www.burgbad.de ISIN: DE000A0EKLW0 WKN: A0EKLW Listed: Regulierter Markt in Frankfurt (Prime Standard), Düsseldorf; Freiverkehr in Berlin, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
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