EANS-Adhoc: Westag & Getalit AG
Positive sales trend in 2011; Earnings
adversely affected by strong increase in commodity prices
-------------------------------------------------------------------------------- ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- 13.02.2012 In the fiscal year 2011, Westag & Getalit AG was able to increase its sales revenues by 4.8% to EUR 227.1 million (previous year: EUR 216.6 million), which represents an improvement on the record year 2008. Although international market conditions were much more difficult than conditions in the domestic market, exports rose at a disproportionate rate of 13.8% to EUR 48.7 million (previous year: EUR 42.8 million), which is especially gratifying. Earnings before income tax amounted to EUR 11.8 million (previous year: EUR 15.1 million). The earnings trend in 2011 was adversely affected by a sharp rise in commodity prices, which could be offset by higher prices for our own products only partially and in steps. Reflecting the trend in earnings before tax, net profit for the year reached EUR 8.2 million (previous year: EUR 10.7 million). All above figures are provisional and are subject to the ongoing audit of the financial statements. The final figures will be communicated in an ad-hoc press release on March 22, 2012 following the adoption of the financial statements by the Supervisory Board. Further inquiry note: Felix Huisgen Tel.: +49 (0)5242 17 5350 E-Mail: huisgen@westag-getalit.de end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Westag & Getalit AG Hellweg 15 D-33378 Rheda-Wiedenbrück phone: +49 (0)5242 17 0 FAX: +49 (0)5242 17 75000 mail: ir@westag-getalit.de WWW: http://www.westag-getalit.de sector: Building materials ISIN: DE0007775207, DE0007775231 indexes: Prime All Share stockmarkets: free trade: Berlin, Stuttgart, regulated dealing: Düsseldorf, regulated dealing/prime standard: Frankfurt language: English
Original content of: Westag & Getalit AG, transmitted by news aktuell