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Impreglon Grows Despite Weak Economy
Strong Earnings Boost in Second Quarter

29.07.2013:

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

2013

 

Q2

2012

Q1+Q2

2013

Q1+Q2

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

 
 
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