DGAP-News 377 0 Kommentare CENTROTEC Sustainable AG: Revenue growth in first half; outlook confirmed

DGAP-News: CENTROTEC Sustainable AG / Key word(s): Half Year Results
CENTROTEC Sustainable AG: Revenue growth in first half; outlook
confirmed

14.08.2014 / 07:30

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Brilon, August 14, 2014: The first half of 2014 saw CENTROTEC Sustainable
AG, Brilon, increase its revenue by 3.5% compared with the first half of
the previous year, to EUR 244.2 million (previous year EUR 235.9 million).
All three segments contributed to this growth. In the second quarter
revenue growth came to 1.2%, having reached 6.1% in the first three months,
thanks in part to the very mild winter. EBITDA was broadly in line with the
prior-year figure (EUR 16.4 million) at EUR 16.2 million. EBIT came to EUR
5.6 million and thus showed a decrease compared with the prior-year figure
of EUR 6.9 million. The depreciation as a result of the substantial
increase in capacities over recent years and the non-recurring costs for
the change in the group's management posted in the first quarter had an
adverse impact on the operating result.
The business performance of the CENTROTEC Group in the first half of 2014
was in line with expectations. Business was again substantially driven by
the German market. By contrast, the performance in European markets has so
far fallen short of expectations. Based on the first half, CENTROTEC stands
by its expectation of slight growth in revenue and earnings for 2014 as a
whole.

CENTROTEC Sustainable AG
CENTROTEC Sustainable AG enjoys a presence in over 50 different countries
through subsidiaries and sales partners. The principal group companies are
Wolf, Brink Climate Systems and Ned Air in the Climate Systems segment,
specialising in heating, climate control and ventilation technology e.g. in
the form of solar thermal systems, CHP units and home ventilation systems
with heat recovery, as well as Ubbink and Centrotherm in the Gas Flue
Systems segment, with their focus on gas flue and air ducting systems.
CENTROTEC is consequently Europe's only listed full-service provider of
heating and climate control technology, solar thermal systems and
energy-saving solutions for buildings.

CENTROTEC Sustainable AG, Am Patbergschen Dorn 9, D-59929 Brilon, Germany
ISIN: DE0005407506, WKN: 540750, home stock exchange: Frankfurt/ Main;
indices: SDAX, Prime All Share, Prime Industrial
For further information, contact:
CENTROTEC Sustainable AG, Carsten Vogt, Tel.: +49 (0)2961 96631-103 or
MetaCom GmbH, Georg Biekehör, Tel.: +49 (0)6181 98280-30

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Language: English
Company: CENTROTEC Sustainable AG
Am Patbergschen Dorn 9
59929 Brilon
Germany
Phone: +49 (0)2961 96631-0
Fax: +49 (0)2961 96631-100
E-mail: ir@centrotec.de
Internet: www.centrotec.de
ISIN: DE0005407506
WKN: 540750
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart

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