DGAP-Adhoc: SURTECO SE: Preliminary results 2013 SURTECO

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
DGAP-Adhoc: SURTECO SE: Preliminary results 2013

SURTECO SE / Key word(s): Preliminary Results/Final Results 26.03.2014 07:54 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Ad-hoc release pursuant to Article § 15 Securities Trading Act (WpHG) 26 March 2014 SURTECO SE: Preliminary results 2013 Buttenwiesen-Pfaffenhofen, 26 March 2014 - The preliminary results of SURTECO SE - one of the leading manufacturers of surface materials based on plastics and technical papers for the international furniture and flooring industry - were significantly affected during the year under review by the acquisition of the S�DDEKOR companies in December 2013. Hence sales of 404.1 million euros for the group of companies were slightly below the previous year (407.7 million euros). While the domestic market eased by 6 %, foreign sales went up by 1 %. The foreign sales ratio increased by 1 percentage point to 70 %. The sales of the Strategic Business Unit Plastics fell back by 3 % and achieved 229.4 million euros. Sales in the paper segment climbed by 3 % to 174.7 million euros. This includes sales revenues amounting to 14.2 million euros from the S�DDEKOR companies. The preliminary operating result (EBITDA) of the Group increased in 2013 to 60.3 million euros after 51.7 million euros in 2012. This increase results from the difference in book values of the acquired S�DDEKOR companies at the purchase price (badwill) and the new valuation of the assets under purchase price allocation. These one-off effects are recorded as income in the income statement. Adjusted by these one-off items, EBITDA would amount to around 48.1 million euros. This one-off effect also allowed the preliminary pre-tax result (EBT) to increase to around 27.5 million euros (2012: 21.2 million euros). SURTECO SE will publish the complete, audited annual financial statements for the business year 2013 on 30 April 2014. 26.03.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: SURTECO SE Johan-Viktor-Bausch-Str. 2 86647 Buttenwiesen-Pfaffenhofen Germany Phone: +49 (0)8274 99 88-0 Fax: +49 (0)8274 99 88-5 05 E-mail: ir@surteco.com Internet: www.surteco.com ISIN: DE0005176903 WKN: 517 690 Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin, Düsseldorf, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Empower Brokerage Draws Talent to North Texas Job Fair

Updated Category News Views 98

Shakeup at the North Texas Job Fair Slinging insurance ain't everyone's dream gig, but some folks find their calling where money meets meaning. The North Texas Job Fair, already known for its heavy foot traffic, saw a unique player strutting their stuff this year—Empower Brokerage. This family-owned insurance agency wasn't just slinging corporate pitch; they offered a...

Continue Reading
Ameren Ups Earnings Guidance Amid Strong Q3 2026

Updated Category News Views 75

A Boost in Earnings During a Hot Third Quarter Ameren Corporation, ticker NYSE: AEE, just released its third quarter 2026 results, and things are looking brighter on the earnings front. We're seeing a bump here, with GAAP diluted EPS hitting $2.42 compared to the $2.35 from the year before. Adjusted EPS follows suit, jumping from $2.17 in 2025 to that same $2.42 mark now....

Continue Reading
Minesto's Tidal Project Nets EU Recognition & Funding

Updated Category News Views 105

Tapping Into the Tides: Minesto's Strategic Leap Table flipping news coming in from Gothenburg! Minesto—the ocean energy trailblazer—is making waves again, snagging the EU's STEP Seal for its Euro Dragon Farm project in Ireland. You couldn't ask for a better boon from Brussels—they're sinking a cool EUR 20.2 million in grant funds into this tidal energy venture....

Continue Reading
Dahua Technology Showcases Smart City AI at SCEWC 2026

Updated Category News Views 80

AIoT Innovations Unveiled at SCEWC 2026 Once in a while, something comes along that makes you sit up and pay attention, and this time it's Dahua Technology. Picture a sprawling metropolis where smart tech not only keeps the wheels turning but actually makes life better. That's the ambition Dahua laid out during the Smart City Expo World Congress 2026 in Barcelona,...

Continue Reading
Yesway's Festive Campaign Drives Holiday Sales Surge

Updated Category News Views 83

A Holiday Extravaganza in Convenience Retail Here's the deal: Yesway's pulling out all the stops this holiday season, and they're not just offering cheap hotdogs or knocking a nickel off the gas. They're diving into some fiery New Mexico-inspired festivities with their latest campaign, “Red or Green…or Christmas?” It's like a candy cane made of salsas—just in time...

Continue Reading
Sasken's Role in Shaping Auto Software Evolution

Updated Category News Views 52

Sasken's Bold Step Into Automotive Future Ah, nothing quite like the automotive industry trying to catch up with the tech world. That's where Sasken Technologies Ltd. stands, hand in hand with a major European automaker, rolling out the next phase of telematics control units (TCUs). This endeavor is a multi-year gig, not your fly-by-night partnership, mind you. It's all...

Continue Reading
Priority Software Acquires Fireberry to Boost AI Vision

Updated Category News Views 68

Another Big Play in the AI-Driven Business Landscape Here we go, folks. Priority Software just made a move that's gonna shake up the AI business management scene. They’ve acquired Fireberry, a CRM company that's seen some success in the AI world. Now, this ain't just some small-scale adjustment; it's an all-in bet on AI to bolster their existing platforms. What's...

Continue Reading
MPE Partners' Strategic Play: Sun-Tech Acquisition Details

Updated Category News Views 85

A Deal to Illuminate Another cloudy day in the world of mergers and acquisitions, folks? Not this time. We're taking a nice spotlight to an acquisition that could mean brighter days ahead. MPE Partners, those guys who love nurturing entrepreneur-driven firms, have joined hands with Intermatic to snatch up Sun-Tech, a stalwart in outdoor lighting controls. There’s no...

Continue Reading
Plasma Proteomics May Predict Immunotherapy Resistance

Updated Category News Views 85

Sifting Through Proteins: A Step Toward Precision Medicine In the world of lung cancer, the stakes are high, and any breakthrough is a glimmer of hope. OncoHost turned heads with their new research presented at the ISLB 2026, showing plasma proteomics' potential in detecting immunotherapy resistance for advanced non-small cell lung cancer (NSCLC). It's not just another...

Continue Reading
RetailMeNot Boosts Holiday Budget with Cash Back Extravaganza

Updated Category News Views 214

This Isn't Your Grandma's Cash Back Here we go, folks! RetailMeNot is rolling out the red carpet for budget-conscious gift givers with its National Cash Back Day. From November 5–7, over 3,500 retailers, including big shots like Walmart and Ulta, are letting you scoop up to 30% in cold, hard cash back. If you ever needed a reason to start your holiday shopping early,...

Continue Reading

Top 5 Most Recently Viewed Articles

Plymouth Industrial REIT Makes Strategic Acquisitions in Key Cities

Updated Category News Views 105

Plymouth Industrial REIT Expands Its Industrial Portfolio Today marks an exciting milestone for Plymouth Industrial REIT, Inc. (NYSE: PLYM), a key player in the real estate investment sector. The company has successfully acquired additional properties, strengthening its footprint in the industrial real estate market. New Acquisitions in Cincinnati Plymouth Industrial REIT...

Continue Reading
Monroe Capital's Strategic Move to Boost JobNimbus Acquisition

Updated Category News Views 307

Monroe Capital's Key Support for JobNimbus Acquisition Monroe Capital LLC has recently announced its role as the sole lead arranger and administrative agent for a significant senior credit facility. This funding is aimed at supporting the acquisition of JobNimbus by Sumeru Equity Partners, showcasing Monroe's commitment to backing innovative businesses in the technology...

Continue Reading
Celebrating Rita Gupta: A Leading Innovator in Technology

Updated Category News Views 679

Rita Gupta Honored for Innovation in Memory and Storage Award honors trailblazing innovators leading the future of memory and storage Future of Memory and Storage (FMS) proudly announces Rita Gupta, Fellow in the Server System Architecture team at AMD, as the recipient of the 2025 SuperWomen of FMS Award sponsored by Hammerspace and Pure Storage. This prestigious honor...

Continue Reading
Spanish Stock Market Shows Resilience with IBEX 35 Rise

Updated Category News Views 419

Spanish Market Overview The Spanish stock market showed positive momentum recently, with the IBEX 35 index recording a modest gain of 0.19%. This uptick reflects a notable shift in investor sentiment across various sectors, leading to an overall increase in share prices. Leading Sectors Driving Growth The rise in the IBEX 35 was attributed primarily to strong performances...

Continue Reading
Retail Opportunity Investments Corp. Achieves New Stock Milestones

Updated Category News Views 29

Record-Setting Performance for Retail Opportunity Investments Corp. Retail Opportunity Investments Corp. (NASDAQ: ROIC) has recently reached a remarkable milestone, with its stock price climbing to a 52-week high of $17.01. This achievement reflects a considerable growth period for the company, showcasing not only robust financial performance but also heightened investor...

Continue Reading