St. Marien / August 29, 2012 - HTI High Tech Industries AG,
currently listed at the prime market of the Vienna Stock
Exchange ('HTI') for the second quarter 2012 reports on a
substantially better business development than for the
first quarter 2012. Hence, revenues increased by 10.1% to
EUR 51.3 million during the second quarter 2012 (after EUR
46.6 million for the first three months 2012). Also the
operative earnings before interest, tax, depreciation and
amortization (EBITDA) increased in quarter comparison 2012
from EUR 0.1 million to EUR 2.2 million; the EBIT improved
from EUR -2.7 million of the first quarter 2012 to EUR -0.6
million during the second quarter 2012.
Due to a weakening economy in the course of the first
half-year 2012 HTI was faced with a slowdown of business in
comparison to the first half-year 2011. Compared to last
year, HTI's revenues decreased during the first half year
2012 by 7.6% from EUR 105.2 million of the first half-year
2011 to EUR 97.8 million. The operative earnings before
interest, tax, depreciation and amortization (EBITDA) were
EUR 2.4 million (after EUR 9.2 million of the first
half-year 2011). The operative earnings before interest and
tax (EBIT) decreased in half-year comparison from EUR 4.1
million to EUR -3.2 million.
Considering the current market environment and based on the
pending order situation HTI expects revenues at least on
last year's level and positive operative earnings for the
whole year 2012. On strategic level the HTI Group focuses
on the Group's further development towards becoming a
diversified, integrated technological Group. "Considering
the current global development, the diversification of
risks and the identification of synergies gain increasing
importance. Therefore diversification and integration are
powerful tools for boosting our earning power and our
company value effectively and on a long-term basis",
comments HTI CEO Peter Glatzmeier on the strategic outlook.
Beyond that, HTI also strives for even better market
penetration via strategic partnerships and cooperation
partners.
As of September 2012 HTI will be listed at the Mid Market
Auction segment of the Vienna Stock Exchange. The Mid
Market Auction is the proper market segment for the company
in order to harmonize listing, trading and administrative
efforts towards achieving an appropriate cost-benefit ratio
and to comply to the rightful demands of the shareholders
in regards to transparency.
1-6/2012 | 1-6/2011 | ||
Revenues | MEUR | 97.8 | 105.2 |
Operative earnings before interest, tax, depreciation and amortization (EBITDA) | MEUR | 2.4 | 9.2 |
Operative earnings before interest and tax (EBIT) | MEUR | -3.2 | 4.1 |
Earnings before tax (EBT) | MEUR | -6.4 | 1.9 |
Net result after tax | MEUR | -6.4 | 2.2 |
Earnings per share | EUR | -0.14 | 0.08 |
Indicative announcement for financial reports:
HTI High Tech Industries AG announces that the half-yearly
financial report 2012 was published and is available for
download under
http://www.hti-ag.at/en/investor-relations/publications/
financial-reports/.
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