DGAP-News: Masterflex SE: Demand and growth picking up

New Post Public Reply Private Reply Replies (0) Message Board

News Desk 2018

Aug 12, 2013 at 2:15 AM

DGAP-News: Masterflex SE: Demand and growth picking up again

DGAP-News: Masterflex SE / Key word(s): Half Year Results Masterflex SE: Demand and growth picking up again 12.08.2013 / 08:00 --------------------------------------------------------------------- Masterflex SE: Demand and growth picking up again - Q2 with an increase in revenue of 6.4% - Total growth of 2.5% in the first six months - Results of operations largely stable Gelsenkirchen, 12 August 2013: In the first six months Masterflex SE has been able to return to the growth path pursued in recent years. In Q2 alone, revenue attained by the manufacturer of high tech hoses and connector systems rose by 6.4 percent. The bottom line is that after a weak start in Q1, revenue totalled EUR29 million in the first six months, around 2.5 percent more compared to the previous year. Dr. Andreas Bastin, Masterflex CEO said: 'Despite the downbeat tones being heard all round the euro zone, we are experiencing growth again. That is clear confirmation of our strategy. Our internationalisation policy is showing the first signs of clearly measurable successes. Nevertheless, we will not slacken the pace of our efforts - because we still have a long way to go to become global market leader in our specialist markets. At the moment we are paving the way with particular regard to building up our sales and marketing. And this proactive stance will gradually pay off with increasing sales. These up-front costs of internationalisation are nevertheless essential in order to be successful in the long term'. In addition, under the second pillar of growth strategy, another Masterflex Group milestone was achieved: the launch of the innovative PA Duopart(R) hose in spring, which was well received by customers. Of particular note is the fact that, thanks to a special manufacturing process, the polyamide hose is welded in separate sections and not over its entire length (see image). This is particularly significant in pneumatic applications for making air-tight seals to the couplings. The next Masterflex product innovation will be launched in the autumn. The financial figures for the first half year 2013 <pre> 30.06.2- 30.06.2- 013 012 Change Consolidated revenue (kEUR) 28,966 28,261 + 2.5% EBITDA (kEUR) 4,568 5,295 -13.7% EBIT (kEUR) 3,302 4,013 -17.7% EBT (kEUR) 2,443 3,231 -24.4% Consolidated earnings from continued business 1,550 2,053 -24.5% units (kEUR) Consolidated earnings from discontinued 2 -14 business units (kEUR) Consolidated net income/loss (kEUR) 1,470 1,940 -24.2% Earnings per share from continued business units (EUR) 0.17 0.22 -22.7% Earnings per share from discontinued business units (EUR) 0.00 0.00 Earnings per share (EUR) 0.17 0.22 -22.7% EBIT margin 11.4% 14.2% Employees 525 485 8.2% 30.06.20 31.12.20 13 12 Change Consolidated equity (kEUR) 21,711 20,524 5,8% Consolidated total assets (kEUR) 54,922 52,435 4.7% Consolidated equity ratio (%) 39.5% 39.1% * Continued business units ** without minority interests </pre> The Masterflex Group is a specialist in the development and production of high-quality connector and hose systems. With 13 operating units in Europe, America and Asia, the Group is represented almost all over the world. Its growth is driven by internationalisation and innovation. Contact: Dr Annette Littmann, tel. +49 209 970 77 44, e-mail: annette.littmann@masterflex.de End of Corporate News --------------------------------------------------------------------- 12.08.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. 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: Masterflex SE Willy-Brandt-Allee 300 45891 Gelsenkirchen Germany Phone: +49 (0)209 97077-44 Fax: +49 (0)209 97077-20 E-mail: annette.littmann@masterflex.de Internet: www.masterflex.de ISIN: DE0005492938 WKN: 549 293 Indices: Prime all share Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, DÃ¼sseldorf, Hamburg, MÃ¼nchen, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 225109 12.08.2013

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Aging at Home: The Real Costs and Obstacles Ahead

Facing the Realities of Aging In Place Alright, let's talk straight. Everyone dreams of staying home in their twilight years, kicking back in their favorite chair with family nearby. But the harsh truth? That comfort comes with a price tag. According to Northwestern Mutual's 2026 Planning & Progress Study, up to 83% of Boomers+ and most other generations fancy the idea of...

Indiana American Water's PFAS Credits Total $25.5M

Indiana American Water Dishes Out Big Buck Refunds Swing by Indiana American Water's latest move, and what do you see? A whopping $25.5 million in PFAS settlement credits being doled out to customers. That's right, this ain't your everyday water utility story—there's real money on the line here. Over four rounds of bill credits since November 2025, customers have seen...

#L.A. Rising Podcast: From Fires to International Fame

From Ashes to Airwaves Gritty stories of survival often cut deeper than any wonky industry analysis or corporate earnings report. When you've been through the wringer and come out the other side, that experience sticks with you—and for Kim S. Marshall, it ignited something personal yet universal with the #L.A. Rising podcast. Emerging from the 2025 L.A. fires, this...

Metropolitan Dermatology's Strategic Expansion into Barnegat

Diving into Barnegat's Dermatology Landscape Metropolitan Dermatology has taken a strategic step by opening a new location right in the heart of Barnegat, New Jersey. Talk about a win-win for the folks in Ocean County. This isn't just another clinic opening up shop; it's about bringing comprehensive medical and surgical dermatologic care straight to the people who need...

Christmas Injury Lawyers Unveils SC Knowledge Center

In the world of legal labyrinths, sometimes you just need a guiding light, especially following a car accident. That's where the freshly launched South Carolina Car Accident Law Knowledge Center steps in. It’s no magic wand, but Christmas Injury Lawyers are certainly trying to cut the chaos. This online hub covers more ground than a small library, boasting 40 guides...

Palm Beach Royals Boost Pickleball's Popularity Surge

A New Era for Pickleball in Palm Beach It might be time to re-evaluate pickleball if you weren't paying attention before. The Palm Beach Royals have wrapped up their first Major League Pickleball season with a bang, marking a pivotal year for the sport. This underdog tale of graft and grit is carving out a new chapter in the world of sport. Record-Breaking Season for MLP...

Hilarity and Hassles in NYC Co-op Life Exposed in New Book

Co-op Living: Not All It's Cracked Up to Be Let me tell you something, buying a co-op in New York City isn't just signing on the dotted line and moving in. Nope, it's a whole damn production. Jeff Namian's book, Thin Walls/Thick Ears, lays it all out with a mix of humor and hard truths, painting a stark picture of NYC co-op living. He's not just telling his own story of...

OMLYCLO Shakes Up U.S. Biologic Market as Key Player

Ah, the pharmaceutical game is shifting again, and this time Celltrion USA's putting their chips down with OMLYCLO, the shiny new omalizumab biosimilar. Here we see a product that's not just approved but interchangeable with XOLAIR, making it a front-runner in the allergic and inflammatory conditions battleground. If you're a patient or a provider navigating these murky...

TRIMAX Poised to Meet AI-Driven Power Challenges

TRIMAX's Bold Move into AI-Powered Infrastructure It feels like we're standing on the cusp of a seismic shift, folks. Artificial intelligence isn't just another buzzword anymore—it's a juggernaut reshaping our digital world. TRIMAX Power Systems is gearing up to ride this wave, with its eyes set on capturing a chunk of the booming demand for fast-deployable power...

Hiromi Asai's Akatsuki Shines at Paris Fashion Week

An Ode to Tradition Amid Modern Menswear From the bustling avenues of New York to the storied streets of Paris, Hiromi Asai is showcasing something that strikes a chord deep in the fashion industry's soul. Her Spring/Summer 2027 collection, "Akatsuki — Before the Dawn," takes its rare blend of age-old Japanese textile craftsmanship across the pond to the City of Light....