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Record numbers confirm sustainable turnaround           
Impreglon first 6 months: Sales +54%, EBIT +628%

21.07.2010:

After the worldwide crisis in 2009 Impreglon presents record numbers for the first half of 2010. Group sales of EUR 25.5 million are highest in the company history and have matched the growth rates prior to the economic crisis. With 9.4% of sales in the first 6 months EBIT almost reached the 2-digit goal for the full year announced by management. The same applies to the 18.7% EBITDA. Net result and earnings per share are reduced by special one time effects, such as losses on sales of treasury shares and restructuring of the automotive sector. Both should increase faster in the second half of 2010.

All 3 important business segments OEM (plant and equipment manufacturers), Automotive and Aftermarket (production companies) have profited from the substantial sales increase, whereas  OEM and automotive  sales have picked up late and show additional potential. Management is quite optimistic to reach record sales of EUR 50 million projected for the full year of 2010. A number of acquisitions targeted for the second half of 2010 should create additional growth.     

 

 

30.06.2010

 

30.06.2009

+ / -

Sales (TEUR)

 

25,499

16,533

 + 54%

EBITDA (TEUR)

 

4,770

1,810

+ 164%

EBIT (TEUR)

 

2,396

-454

+ 628%

EBT (TEUR)

 

1,292

-1,135

+ 214%

Net result (TEUR)

 

609

-1,409

+ 143%

Earnings per share (EUR)

 

0.10

-0.27

+ 137%