EANS-Adhoc: HTI: Revenues and result in Q2/2012 improved opposite Q1/2012 - Positive operative result for 2012 expected - Change to the mid market auction as of September 2012
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6-month report
29.08.2012
St. Marien / August 29, 2012 - HTI High Tech Industries AG, currently listed at
the prime market of the Vienna Stock Exchange ('HTI') for the second quarter
2012 reports on a substantially better business development than for the first
quarter 2012. Hence, revenues increased by 10.1% to EUR 51.3 million during the
second quarter 2012 (after EUR 46.6 million for the first three months 2012).
Also the operative earnings before interest, tax, depreciation and amortization
(EBITDA) increased in quarter comparison 2012 from EUR 0.1 million to EUR 2.2
million; the EBIT improved from EUR -2.7 million of the first quarter 2012 to
EUR -0.6 million during the second quarter 2012.
Due to a weakening economy in the course of the first half-year 2012 HTI was
faced with a slowdown of business in comparison to the first half-year 2011.
Compared to last year, HTI's revenues decreased during the first half year 2012
by 7.6% from EUR 105.2 million of the first half-year 2011 to EUR 97.8 million.
The operative earnings before interest, tax, depreciation and amortization
(EBITDA) were EUR 2.4 million (after EUR 9.2 million of the first half-year
2011). The operative earnings before interest and tax (EBIT) decreased in half-
year comparison from EUR 4.1 million to EUR -3.2 million.
Considering the current market environment and based on the pending order
situation HTI expects revenues at least on last year's level and positive
operative earnings for the whole year 2012. On strategic level the HTI Group
focuses on the Group's further development towards becoming a diversified,
integrated technological Group. "Considering the current global development,
the diversification of risks and the identification of synergies gain
increasing importance. Therefore diversification and integration are powerful
tools for boosting our earning power and our company value effectively and on a
long-term basis", comments HTI CEO Peter Glatzmeier on the strategic outlook.
Beyond that, HTI also strives for even better market penetration via strategic
partnerships and cooperation partners.
As of September 2012 HTI will be listed at the mid market auction segment of
the Vienna Stock Exchange. The Mid Market Auction is the proper market segment
for the company in order to harmonize listing, trading and administrative
efforts towards achieving an appropriate cost-benefit ratio and to comply to
the rightful demands of the shareholders in regards to transparency.
| | |1-6/201|1-6/201|
| | |2 |1 |
|Revenues |MEUR |97.8 |105.2 |
|Operative earnings before interest, tax, |MEUR |2.4 |9.2 |
|depreciation and amortization (EBITDA) | | | |
|Operative earnings before interest and tax (EBIT) |MEUR |-3.2 |4.1 |
|Earnings before tax (EBT) |MEUR |-6.4 |1.9 |
|Net result after tax |MEUR |-6.4 |2.2 |
|Earnings per share |EUR |-0.14 |0.08 |
Indicative announcement for financial reports:
HTI High Tech Industries AG announces that the half-yearly financial report
2012 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
Peter Glatzmeier
CEO
E-Mail: peter.glatzmeier@hti-ag.at
Phone: +43 3862 304-8590
HTI High Tech Industries AG
Nadja Goyer
Investor Relations & Corporate Communications
E-Mail: nadja.goyer@hti-ag.at
Phone: +43 3862 304-8562
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