EANS-Adhoc: HTI High Tech Industries AG / HTI increases revenues, order
situation and nine-month result
Geschrieben am 29-11-2011 |
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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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9-month report
29.11.2011
St. Marien, November 29, 2011 - The technological group HTI High Tech
Industries AG ("HTI"), listed at the prime market of the Vienna Stock
Exchange continues to improve its business development during the
first nine months 2011. Revenues of the HTI-Group from January until
September 2011 increased by 7.2% to EUR 153.5 million, compared to
the first three quarters 2010.
The operative earnings before non-recurring items, interest, tax,
depreciation and amortization (EBITDA) slightly increased in
nine-month comparison from EUR 11.4 million (first nine months 2010)
to EUR 11.6 million in the first nine months 2011. The operative
earnings before non-recurring items, interest and tax (EBIT)
increased by 15.2% to EUR 3.8 million in nine-month comparison. This
portrays an EBIT-margin of 2.4% (after 2.2% same period last year).
The net result after tax turned from EUR -2.2 million in the first
three quarters 2010 to now EUR 0.5 million.
The segment Engineering in the first nine months 2010 was positively
influenced by a large order in the extrusion industry as well as by a
one-off positive earnings effect from the foundation of a Joint
Venture. However, in the fourth quarter 2011 for this segment HTI
expects a better development of earnings than during the same period
last year.
During the first nine months 2011 significant key figures of HTI were
further improved. With a higher total of the statement of financial
position the equity ratio as of September 30, 2011 increased to 17%
(after 10% as of September 30, 2010). This is a result of a variety
of equity measures, especially the restructuring of the Group´s
financing with banks and a successful cash capital increase in summer
2011.
`Our order situation has been developing quite positively, especially
during the past few weeks. Then, we received some technologically
highly sophisticated orders, mainly in the segments Lightweight
Construction and Engineering´, comments HTI-CEO Peter Glatzmeier on
the development of business. `This pending order situation confirms
the good positioning of HTI as the supplier of problem solutions for
complex topics in the growth areas mobility, infrastructure and
energy´, says Glatzmeier.
OUTLOOK Despite all current macro economic uncertainties HTI is
confident to generate the annual revenues, as planned for the year
2011, in the amount of more than EUR 200 million and consequently a
clear positive EBIT. Also for the business year 2012 HTI is
optimistic, based on the actually very good order situation. However,
they are well aware of the fact that the global economic environment
may change very rapidly. Consequently action packages were developed
in response to various possible scenarios, which may be implemented
by the operative units in the individual sales markets quite quickly,
if need be.
| | |1-9/2011|1-9/2010|Change |
|Revenues |MEUR |153.5 |143.2 |+7.2% |
|Operative earnings before |MEUR |11.6 |11.4 |+1.8% |
|non-recurring items, interest, tax, | | | | |
|depreciation and amortization | | | | |
|(EBITDA) | | | | |
|Operative earnings before |MEUR |3.8 |3.3 |+15.2% |
|non-recurring items, interest and | | | | |
|tax (EBIT) | | | | |
|Earnings before non-recurring items |MEUR |0.1 |-2.1 |+2.2 MEUR |
|and tax (EBT) | | | | |
|Net result after tax |MEUR |0.5 |-2.2 |+2.7 MEUR |
|Earnings per share |Euroce|2 |-8 |+10 |
| |nt | | |Eurocent |
Indicative announcement for financial reports HTI High Tech
Industries AG announces that the 3rd quarter report 2011 was
published and is available for download under: http://www.hti-ag.at/e
n/investor-relations/publications/financial-reports/.
Further inquiry note:
HTI High Tech Industries AG
DI Peter Glatzmeier
CEO
Tel: +43 (0) 3862 304 - 8590
Fax: +43 (0) 3862 304 - 7598
E-Mail: peter.glatzmeier@hti-ag.at
HTI High Tech Industries AG
Mag. Nadja Goyer
Corporate Communications & Investor Relations
Tel: +43 (0) 3862 304 - 8562
Fax: +43 (0) 3862 304 - 7598
E-Mail: nadja.goyer@hti-ag.at
end of announcement euro adhoc
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issuer: HTI High Tech Industries AG
Gruber & Kaja Straße 1
A-4502 St. Marien bei Neuhofen
phone: +43(0)3862/304-8562
FAX: +43(0)3862/304-7598
mail: ir@hti-ag.at
WWW: http://www.hti-ag.at
sector: Holding companies
ISIN: AT0000764626
indexes: WBI, Prime Market
stockmarkets: official market: Wien
language: English
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