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News
01.08.2007
POLYTEC HOLDING AG published its results for the first half 2007

Sales of the POLYTEC GROUP increased in the first six months of the current
financial year 2007 by 1.3% to EUR 286.7 million compared with the same period
2006. On the one hand, this increase can be explained due to the consolidation
of POLYTEC COMPOSITES GER-MANY and its subsidiary companies for the first time,
which contrib-utes to group sales withEUR 32.0 million in the second quarter of
the current financial year. And on the other hand, it can also be ex-plained
through a positive business development in the CAR STYLING DIVISION which was
able to increase its sales by 16.4% in the first six months of 2007.
The EBITDA increased in the first six months of the current financial year by
3.7% to EUR 28.7 million.
In the first six months of 2007, the consolidated net income of the POLYTEC
GROUP increased by 26.5% to EUR 14.1 million. Along with a high operating
result, this can be traced back to low financing costs and tax expenses.
In the first six months, the result per share increased from EUR 0.54 to EUR
0.63.

 
 
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