DGAP-News: Impreglon increases sales by 35% and EBIT by 65% - Sales jump from 55 to 75 Million Euro

DGAP-News: IMPREGLON SE / Key word(s): Preliminary Results
Impreglon increases sales by 35% and EBIT by 65% - Sales jump from 55
to 75 Million Euro

23.01.2012 / 10:05

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Impreglon increases sales by 35% and EBIT by 65% 
Sales jump from 55 to 75 Million Euro

<pre>

                                                 31.12.-   31.12.-   + / -
                                                    2011      2010
Sales (TEUR)                                      74,701    55,194   + 35%
EBITDA (TEUR)                                     13,418     9,784   + 37%
EBIT (TEUR)                                        7,525     4,573   + 65%
EBT (TEUR)                                         6,326     3,234   + 96%
Net Result (TEUR)                                  4,428     2,305   + 92%
Earnings per Share* (EUR)                           0.57      0.37   + 54%
*Number of shares 2010: 6.052K, 2011: 7.782K
 
</pre>

The impressive sales increase shown in the preliminary numbers can be
mainly (19%) contributed to organic growth. While sales in the 4th quarter
reached record numbers due to continuous strong demand in Germany, profits
did not reach the same levels. Weaker demand in the rest of Europe,
extraordinary one time charges for moving and start-up costs in connection
with the completion of new plants at  5  existing coating sites in Europe
and exceptional restructuring costs caused by the budget freeze in defense
spending at the US-plant in Baltimore, were main contributors.

The fact that 15 of the 21 plants reached or exceeded the corporate goals
of 20% EBITDA resp. 12% EBIT in addition to new capacities, coating lines,
processes and new high volume orders already in place for additional
organic growth, prompts management to remain quite optimistic for 2012,
despite lower growth projections for the world economy. As a continuation
of the 'Buy & Build' strategy manage-ment plans the acquisition of an
additional 2 - 3 coating companies in 2012. At the annual shareholder
meeting the board will propose a dividend of EUR 0,20 per share for 2011.
Expected sales for 2012 are EUR 90 Million.

With 21 coating sites in 10 countries Impreglon is one of the worldwide
leaders in surface technology.
  

IMPREGLON SE
Lünertorstraße 17
21335 Lüneburg
Tel. 04131 / 2260091
Fax  04131 / 2260069
investorrelations@impreglon.de
www.impreglon.de
   


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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, Stuttgart;  
             Open Market (Entry Standard) in Frankfurt               
 
 
End of News    DGAP News-Service  
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