29.07.2013 IMPREGLON SE  DE000A0BLCV5

DGAP-News: IMPREGLON SE: Impreglon Grows Despite Weak Economy Strong Earnings Boost in Second Quarter


 
DGAP-News: IMPREGLON SE / Key word(s): Half Year Results IMPREGLON SE: Impreglon Grows Despite Weak Economy Strong Earnings Boost in Second Quarter 29.07.2013 / 07:35 --------------------------------------------------------------------- Impreglon Grows Despite Weak Economy Strong Earnings Boost in Second Quarter Even with no new acquisitions, sales in the second quarter of 2013 rose to a new record of nearly EUR 30 million. With total sales of EUR 58 million for the first half of 2013, it appears that the forecast of EUR 120 million for the year will be achieved. But an even more positive development is the dramatic improvement in profit margins. At EUR 0.13 in the second quarter of 2013, the profit per share nearly doubled compared to the same quarter last year and more than tripled over the results of the first quarter of this year. With second quarter EBITDA of EUR 4 million, management's stated target of EUR 16 million for the year seems a realistic goal. If management's expectations are confirmed, with no further weakening of the economy in the second half of 2013 and stabilized sales in the western European automotive industry, the targets might even be exceeded. After the acquisition of 'TOP Oberflächen GmbH' in Würzburg, Impreglon is planning to acquire one or two more companies in the course of the rest of this year with the intention to reduce the proportion of automotive business in favor of other sectors. With 30 plants in 13 countries on four continents around the world, Impreglon is a global leader in surface engineering.

                              Q2          Q2          Q1+Q2       Q1+Q2
                              2013        2012        2013        2012

Sales (TEUR)                  29,277      20,220      58,035      40,981

EBITDA (TEUR)                 4,000       2,985       7,183       6,859

EBIT (TEUR)                   1,906       1,308       2,911       3,646

EBT (TEUR)                    1,515       914         1,943       2,814

Net result (TEUR)             1,060       640         1,360       1,970

Earnings per share (EUR)      0.13        0.07        0.17        0.24



End of Corporate News --------------------------------------------------------------------- 29.07.2013 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: [email protected] Internet: www.impreglon.de ISIN: DE000A0BLCV5 WKN: A0BLCV Listed: Freiverkehr in Berlin, Düsseldorf, München (m:access), Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 222859 29.07.2013