DGAP-Adhoc Turbon AG: Financials for first quarter 2012

    Nachrichtenquelle: EQS Group AG
     |  08.05.2012, 18:23  |  290 Aufrufe  |   | 

    Turbon AG  / Key word(s): Quarter Results

    08.05.2012 18:23

    Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
    by DGAP - a company of EquityStory AG.
    The issuer is solely responsible for the content of this announcement.

    Turbon AG - Financials for first quarter 2012

    Both sales and earnings figures for the first quarter are on track. Turbon
    Group sales for the first three months of 2012 were Euro 21.8 million and
    increased by 3.5% versus previous year´s sales (Euro 21.1 million). Earnings
    before interest and tax (EBIT) in the first three months of the year were
    Euro 1.9 million (previous year: Euro 1.8 million). The earnings from
    ordinary operations were Euro 1.7 million (previous year: Euro 1.6 million)
    and the consolidated net profit was Euro 1.1 million (previous year: Euro
    1.0 million).

    The development of sales in the USA was encouraging as well. In fact, during
    the most recent completed month of April 2012, we achieved the highest
    monthly sales total in the USA since the end of the business relationship
    with Staples/Corporate Express. We are confident that this trend will
    continue and we will overall achieve the full year 2012 planned sales of
    between Euro 86 - 90 million. Notwithstanding the fact that during the
    second half of 2012 we forecast with a lower overall gross margin, we now
    strive for full year 2012 earnings before tax of Euro 6.0 million.

    The complete interim report for the first three months of 2012 will be
    available following the Supervisory Board Meeting on May 16, 2012 at Turbon
    AG, Sekretariat, Ruhrdeich 10, 45525 Hattingen or at our website

    Hattingen, May 08, 2012
    Turbon AG

    08.05.2012 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:      Turbon AG
                  Ruhrdeich 10
                  45525 Hattingen
    Phone:        +49 (0)2324 - 504-0
    Fax:          +49 (0)2324 - 504-156
    E-mail:       info@turbon.de
    Internet:     http://www.turbon.de
    ISIN:         DE0007504508
    WKN:          750450
    Listed:       Regulierter Markt in Düsseldorf, Frankfurt (General
                  Standard); Freiverkehr in Berlin, Hamburg, München, Stuttgart

    End of Announcement                             DGAP News-Service

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