EANS-Adhoc: HTI High Tech Industries AG
HTI continues positive development in
the second quarter
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6-month report
29.08.2011
St. Marien, August 29, 2011 - The technological Group HTI High Tech Industries
AG ("HTI"), listed in the prime market of the Vienna Stock Exchange, reports on
positive business development within the first half-year 2011. From January
until June 2011 the revenues of the HTI Group increased by 7.1% to EUR 105.2
million, compared to the same period last year. All earnings figures were
further improved compared to last year. This was made possible by good
utilization in all segments and a further improved cost structure.
The operative earnings before non-recurring items, interest, tax, depreciation
and amortization (EBITDA) increased from EUR 9.1 million to EUR 9.2 million
compared to the same period last year. The operative earnings before
non-recurring items, interest and tax (EBIT) in comparison to the same period
last year, increased by 26.1% to EUR 4.1 million. The half-year EBT turned from
EUR -0.3 million to EUR 1.9 million. The EBIT-margin improved from 3.3% to 3.9%,
the EBT-margin from -0.3% to 1.8%.
The half-year net result after tax improved by EUR 3 million to EUR 2.2 million.
As a result of that the net result-margin increased substantially from -0.8% to
2.1%. The earnings per share turned from -0.03 in the first half-year 2010 to
now EUR 0.08.
The equity measures, implemented during the past few months, like for example
the cash capital increase in the amount of 6.6 million, led to a significant
increase of consolidated equity of now EUR 45.3 million (after EUR 25.5 million
as of mid-year 2010).
`We were able to continue our positive business development in the first
half-year 2011 and also managed to extend our existing market position. We are
totally on track for the whole year 2011´, comments HTI CEO Peter Glatzmeier on
the business development.
Outlook
The good situation in call forwards in the segment Lightweight Construction, the
high order situation in the segments Engineering and Energy Technology as well
as a variety of promising projects, currently under negotiation, basically allow
the expectation of continuation of the positive business development for the
second half-year 2011 for HTI. Precondition for this, however, is that the
latest turbulences on the financial markets are limited to the capital markets
only and do not have any influence on the cyclic branches like the automotive-,
steel- and construction industry. With a mostly stable economic environment
consolidated revenues significantly above the EUR 200 million barrier and a
clear positive EBIT can be expected.
HY1 2010 HY1 2011 Change in %
Revenues TEUR 98,172 105,161 +7.1
Operative earnings
before non-recurring
items, interest, tax,
depreciation and
amortization (EBITDA) TEUR 9,116 9,166 +0.5
Operative earnings
before non-recurring
items, interest and
tax (EBIT) TEUR 3,247 4,093 +26.1
Earnings before
non-recurring items
and tax (EBT) TEUR -339 1,892
Net result after tax TEUR -764 2,247
Earnings per share EUR -0.03 0.08
Indicative announcement for financial reports:
HTI High Tech Industries AG announces that the half-yearly financial report 2011
was published and is available for download under
http://www.hti-ag.at/en/investor-relations/publications/financial-reports/.
Further inquiry note:
HTI High Tech Industries AG
DI Peter Glatzmeier
Vorsitzender des Vorstands
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
Konzernkommunikation & 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
Original content of: HTI High Tech Industries AG, transmitted by news aktuell