13.08.2015
CENTROTEC Sustainable AG DE0005407506
DGAP-News: CENTROTEC Sustainable AG: CENTROTEC revenue and earnings remain up on previous year; forecast for 2nd half confirmed
DGAP-News: CENTROTEC Sustainable AG / Key word(s): Half Year Results
CENTROTEC Sustainable AG: CENTROTEC revenue and earnings remain up on
previous year; forecast for 2nd half confirmed
13.08.2015 / 07:30
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Brilon, August 13, 2015: CENTROTEC Sustainable AG, Brilon, achieved revenue
growth of 1.8 % in the first half of 2015, taking the global figure to EUR
248.5 million (previous year EUR 244.2 million). All segments contributed
to the 2.3 % revenue growth in the second quarter. The operating result
(EBIT) rose from EUR 5.6 million to EUR 8.4 million in the first six
months. While the profit performance benefited from non-recurring effects
in the first quarter, the EBIT operating result of EUR 4.3 million for the
second quarter was slightly up on the prior-year figure. Further
improvements to net interest and the effective tax rate produced an
overproportional rise in earnings per share (EPS) to EUR 0.23 (previous
year EUR 0.12) for the first half.
This positive development was underpinned by the stabilisation of the
German heating market since the start of the year, along with a cautiously
positive trend in various relevant international markets. It should be
noted, however, that the development of the second half has a
disproportionately strong influence on the full-year performance.
Furthermore, a large range of macroeconomic challenges such as the euro
crisis, the Ukraine conflict and unrest in various Arab countries have not
gone away and make it more difficult to forecast further developments.
Against this backdrop, CENTROTEC expects the revenue and profit performance
(EBIT) for the second half to be on a par with the previous year, based on
a comparable group structure.
CENTROTEC Sustainable AG
CENTROTEC Sustainable AG enjoys a presence in around 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 piping 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: 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: [email protected]
Internet: www.centrotec.de
ISIN: DE0005407506
WKN: 540750
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of News DGAP News-Service
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