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26.08.2008

Nabaltec AG: Business figures for the first half of 2008

Nabaltec AG / Half Year Results

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Business figures for the first half of 2008
- Consolidated revenue increases by 21.3% to EUR 51.9 million 
- EBIT improves by 32.0% to EUR 3.3 million 
- Estimated revenue for 2008 adjusted to over EUR 100 million 

Schwandorf, 26 August 2008 – The Nabaltec Group, a leading supplier of
mineral-based flame retardants and raw materials for technical ceramics,
was able in the first six months of 2008 to improve revenue by 21.3% to EUR
51.9 million (first half of 2007: EUR 42.8 million). The 'Functional
Fillers' division earned EUR 35.0 million (first half of 2007: EUR 28.3
million) and the 'Technical Ceramics' division EUR 16.9 million (first half
of 2007: EUR 14.5 million). Earnings before interest, taxes, depreciation
and amortization (EBITDA) improved in the first six months of 2008 by 21.3%
from EUR 4.7 million to EUR 5.7 million. Earnings before interest and taxes
(EBIT) increased by 32.0% to EUR 3.3 million (first half of 2007: EUR 2.5
million), resulting in a 6.1% EBIT margin on the total performance. The
half-year result after minority interests reached EUR 1.5 million (first
half of 2007: EUR 2.0 million).

Gerhard Witzany, Member of the Management Board of Nabaltec AG: 'We are
pleased that despite the slowdown in the market environment, we were able
to continue our revenue and earnings growth in the first half. This
performance, however, will not carry over unrestrictedly to the second
half.' The global market slowdown, particularly in Spain, Great Britain and
USA based on the real estate crisis, has led to an overall slowdown in
revenue growth. The Management Board is expecting that revenue of over EUR
100 million will nonetheless be generated in fiscal year 2008, thus
continuing to achieve double-digit growth. Consolidated earnings are likely
to be additionally burdened by the anticipated increases in raw material,
energy and logistics prices that cannot be fully offset by price increases.

You may find the complete half-year report at www.nabaltec.de under
'Investor Relations'.


About Nabaltec AG
Nabaltec AG, with registered office in Schwandorf, a chemicals business
which has received multiple awards for innovativeness, manufactures,
develops and distributes highly specialized products based on aluminum
hydroxide ('ATH') and aluminum oxide, as well as other raw materials, on an
industrial scale through its 'Functional Fillers' and 'Technical Ceramics'
divisions. The company's product range includes flame retardant fillers for
the plastics industry, used e.g. in cables in tunnels, airports, high-rise
buildings and electronic devices, as well as base materials for use in
technical ceramics, the refractory industry and catalysis. Unlike
halogenated flame retardant fillers, the products manufactured by the
company's 'Functional Fillers' division contain no hazardous substances and
do not require separate disposal. Rather, the company's flame retardant
fillers actually decrease the development of fumes hazardous to human
health and the environment in the event of fire. Nabaltec maintains
production sites in Germany and the US. It aims to further consolidate
its market position by increasing capacity, continuing to optimize its
processes and product quality and strategic additions to its product range
and to secure the market leadership in each segment where its specialty
products are represented, in addition to qualitative leadership.

Heidi Wiendl
Nabaltec AG
Phone: 09431 53-202
Fax: 09431 53-260
E-Mail: InvestorRelations@nabaltec.de

Linh Chung
Haubrok Investor Relations GmbH
Phone: 0211 30126-101
Fax: 0211 30126-5101
E-Mail: L.Chung@haubrok.de


26.08.2008  Financial News transmitted by DGAP
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Language:     English
Issuer:       Nabaltec AG
              Alustraße 50-52
              92421 Schwandorf
              Deutschland
Phone:        +49 9431 53-0
Fax:          +49 9431 53-260
E-mail:       info@nabaltec.de
Internet:     www.nabaltec.de
ISIN:         DE000A0KPPR7
WKN:          A0KPPR
Listed:       Freiverkehr in Berlin, Düsseldorf, München, Stuttgart; Entry
              Standard in Frankfurt
 
End of News                                     DGAP News-Service
 
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