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News
07.05.2007
POLYTEC GROUP PUBLISHED ITS FINANCIAL RESULT for the first quarter 2007

POLYTEC GROUP could increased in the first quarter 2007 despite a flat sales its key financials which finally resulted in an increase in net profit of EUR 0.4 million or 7.8% % to EUR 5.6 million.


in EUR million..Q1 2007..............Q1 2006...................CHANGE
Sales..............134.0....................134.2 ....................-0.2 %
EBITDA............13.5......................13.3...................... 1.0 %
EBIT..................9.1........................8.8......................2.7 %
Net income.........5.6........................5.2......................7.8 %

EBITDA margin..........10.1 %......9.9 %
EBIT margin................6.8 %......6.6 %

As a result of the acquisition of the moulding business of MENZOLIT FIBRON on March 30, 2007, the results for 2007 will include the results of MENZOLIT FIBRON starting in Q2 2007.
Due to the first consolidation of MEZOLIT FIBRON, starting with the second quarter, POLYTEC HOLDING AG expects a significant increase in sales for the financial year 2007.
Besides the results of MENZOLIT FIBRON also the net income is expected to improve and hence an increase of the earnings per share is expected.

 
 
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