DGAP-News: technotrans AG continues growth course in the

DGAP-News: technotrans AG / Key word(s): Half Year Results/Quarter Results technotrans AG continues growth course in the first half of the year 05.08.2016 / 06:52 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Half-year financial report 2016 - Clear turnover increase in the second quarter - Dynamic growth in the print area - Demand in engineering and growth markets increases Sassenberg, 5 August 2016 - technotrans AG remains on growth course in spite of the challenging economic framework conditions. In particular the positive development in the print industry and the perspective markets contributed to the positive business development in the first half of the year. Turnover in the reporting period increased by 5.3 percent to EUR 63.6 M, while the operative profit (EBIT) remained at the previous year's level of EUR 4.4 M. The Board of Management of technotrans AG at the same time affirmed the forecast for the current financial year. "In spite of a difficult economic and geopolitical environment, we have grown clearly again in all areas in the second quarter," says Henry Brickenkamp, spokesman of the board of technotrans AG. The second quarter of the year had at the same time been that with the highest turnover since the financial crisis. Revenue rose by 11.4 percent to EUR 33.2 M in the second quarter. The operating result (EBIT) reached EUR 2.3 million, 8.0 percent up on the previous year. This already includes the costs for the successful print industry fair drupa, which amounted to EUR 0.4 M. In the Technology segment, technotrans experienced a turnover increase of 3.9 percent to EUR 41.9 M, which corresponds to a turnover ratio of 66 percent. In particular the increasing demand from the print industry turned out to be a growth driver here. The company recently became established as supplier for the print machine manufactures of all alignments, as the leading industry trade fair drupa showed in June: "Not only the traditional offset print machines, but also a large share of the flexo and digital print machines are equipped with our devices," explains Brickenkamp. Due to the generally positive basic mood in the print industry, the technotrans management assumes a turnover increase in the print areas as compared to the previous year in the further course of the financial year. The operational segment result dropped by EUR 0.2 M to EUR 0.9 M due to the higher spendings in connection with the appearance at drupa. Adjusted by this special effect at EUR 0.4 M, the EBIT in the Technology segment developed positively, however. Positive development in the growth markets Between April and June, the turnovers outside of the print industry also increased significantly at 18 percent as compared to the previous quarter (Q1/2016). The traditional machine and plant construction developed positively again, with the increasing business with laser producers being essential here. technotrans had the highest growth on the growth markets of medical technology, scanner technology and in particular battery cooling. "In the area of battery cooling, it is particularly positive that we have become established as a recognised development partner with manufacturers of train, bus and automotive manufacturers," emphasises Brickenkamp, who expects additional growth impulses here in the next years. Revenue in the Services segment rose by 8.2 percent to EUR 21.7 M in the first quarter. This development is driven both by follow-on business in the technology markets and a positive course of business in the service business in the technical documentation area. The recently acquired Ovidius GmbH was consolidated for the first time, which leads to an additional turnover contribution at EUR 0.4 M. Board reaffirms forecast for 2016 "We consider ourselves set up well to continue the positive course of business in the next quarters as well," explains Brickenkamp. In spite of various global insecurities, the management assumes that a turnover between EUR 126 and 132 M will be achieved in the current financial year. For the EBIT, technotrans continues to expect a value between EUR 9.5 and 10.5 M. The main performance indicators at a glance <pre> INDICATORS (in KEUR) Δ previous year 1/1/ - 1/1/ - 2015 30/6/2016 30/6/2015 Revenue 5.3% 63,555 60,333 122,838 including Technology 3.9% 41,884 40,307 81,457 including Services 8.2% 21,671 20,026 41,381 EBITDA -0.3% 5,967 5,982 12,187 EBITDA margin (%) 9.4 9.9 9.9 EBIT -1.4% 4,377 4,440 8,952 EBIT margin (%) 6.9 7.4 7.3 Net income for period1 8.8% 3,160 2,904 6,262 in percent of the 5.0 4.8 5.1 turnover Earnings Per Share 6.7% 0.48 0.45 0.96 (EUR) Balance sheet total* 2.1% 77,676 77,468 76,043 Equity 0.4% 51,907 48,649 51,725 Equity ratio (%) 66.8 62.8 68.0 Return on equity (%)2 6.2 6.1 12.3 Net debt3 -41.5 -6,768 -5,478 -11,575 Free cash flow4 -118.9% -564 2,984 8,542 Employees (average) 6.3% 845 795 810 </pre> <pre> 1 Net income for period = profit attributable to technotrans AG shareholders 2 Return on equity = net profit for period / equity attributable to technotrans AG shareholders 3 Net debt = interest-bearing financial liabilities - cash 4 Free cash flow = net cash from operating activities + net cash used for investments acc. to Cash Flow Statement * Change as of 31 December 2015 </pre> The full half-year report is available both online and as a download under Investor Relations, in the Financial Reports section. For further information, visit: http://www.technotrans.de About technotrans AG: <pre> The technotrans Group produces, sells and modernises applications in the area of liquid technology. These applications include cooling, temperature control, filtration, measuring and metering. With 23 locations, the company based in the Münsterland town of Sassenberg enjoys a presence in all major markets worldwide. The group is organised into the Technology and Services segments. As a manufacturer of peripherals, technotrans is a leading system partner to the printing industry. Through product innovations and targeted acquisitions, the group has moreover steadily moved into new areas such as the laser industry, machine tools, stamping and forming technology, batteries and inverters, as well as medical and scanner technology. At the heart of the corporate strategy is sustained, profit-led growth. technotrans is a stock corporation listed in the Prime Standard (ISIN: DE000A0XYGA7 / WKN: A0X YGA) and employs around 870 people worldwide. The company achieved revenue of EUR 122.8 million in the 2015 financial year. </pre> <pre> Contact for journalists: IR contact: Nils Dietrich Katharina Arens Sputnik GmbH Assistant to the Board Press and Public Relations technotrans AG Hafenweg 9 Robert-Linnemann-Strasse 17 48155 Münster 48336 Sassenberg Tel.: +49 (0) 2 51 / 62 55 61-25 Tel.: +49 (0) 25 83 / 301-1890 Fax: +49 (0) 2 51 / 62 55 61-19 Fax: +49 (0) 25 83 / 301-1054 katharina.arens@technotrans.de dietrich@sputnik-agentur.de www.technotrans.de www.sputnik-agentur.de </pre> --------------------------------------------------------------------------- 05.08.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: technotrans AG Robert-Linnemann-Str. 17 48336 Sassenberg Germany Phone: +49 (0)2583 - 301 - 1000 Fax: +49 (0)2583 - 301 - 1030 E-mail: info@technotrans.de Internet: http://www.technotrans.de ISIN: DE000A0XYGA7 WKN: A0XYGA Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange End of News DGAP News Service --------------------------------------------------------------------------- 489699 05.08.2016