19.03.2015
SURTECO SE DE0005176903
DGAP-Adhoc: SURTECO SE: Preliminary result for 2014
SURTECO SE / Key word(s): Preliminary Results
19.03.2015 08:57
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Ad-hoc Release pursuant to Article 15 Securities Act (WpHG)
19 March 2015
SURTECO SE: Preliminary result for 2014
Buttenwiesen-Pfaffenhofen, 19 March 2015 - The preliminary result of
SURTECO SE - one of the world's leading manufacturers of surface materials
based on plastics and specialist papers for technical applications in the
international furniture and flooring industry - was impacted in the
completed business year by the first-time full consolidation of the
Süddekor companies acquired at the close of 2013 and by one-off effects.
Sales of the group of companies at 618.3 million euros were increased by 54
% compared with the figure of 402.4 million euros for the previous year.
The preliminary operating result (EBITDA) of the Group increased to 62.8
million euros in 2014 after 59.7 million euros in 2013. In this context, it
should be taken into account that in 2013 a one-off, positive contribution
to earnings of 13.5 million euros was included in reporting as a result of
the Süddekor acquisition. In the year under review 2014, a restructuring
provision amounting to 9.4 million euros was recognised. Adjusted by these
one-off effects, EBITDA increased by 56 %. The preliminary pre-tax result
(EBT) of 22.2 million euros after 28.1 million euros in the previous year
was also influenced by these one-off effects.
SURTECO SE will publish the audited complete consolidated financial
statements for the business year 2014 on 30 April 2015.
19.03.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: SURTECO SE
Johan-Viktor-Bausch-Str. 2
86647 Buttenwiesen-Pfaffenhofen
Germany
Phone: +49 (0)8274 99 88-0
Fax: +49 (0)8274 99 88-5 05
E-mail: [email protected]
Internet: www.surteco.com
ISIN: DE0005176903
WKN: 517 690
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Munich;
Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg,
Hanover, Stuttgart
End of Announcement DGAP News-Service
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