02.05.2011
Nabaltec AG / Key word(s): Quarter Results 02.05.2011 / 10:00 Nabaltec AG: Dynamic growth continues in Q1 2011 - Revenues of EUR 35.3 million mark new record - EBIT increase fourfold to EUR 3.9 million and EBIT margin climbs to 11.0% - Outlook on 2011: Projections of disproportionate EBIT growth confirmed Schwandorf, 2 May 2011 - Nabaltec AG, a supplier of eco-friendly fillers and additives as well as raw materials for technical ceramics for a large number of applications in a variety of industries, achieved a record result in the first quarter of 2011. Revenues climbed from EUR 24.4 million to EUR 35.3 million, which represents a 44.7% increase on the same period of the previous year and a 14.2% improvement on the previous record of Q4 2010. Earnings increased at a disproportionate rate, with earnings before interest and taxes rising from EUR 0.9 million to EUR 3.9 million. The EBIT margin (based on total output) climbed to 11.0%, while EBITDA more than doubled from EUR 2.8 million to EUR 5.9 million. The consolidated result improved from EUR -0.3 million to a net profit of EUR 1.6 million. The dynamic growth of Nabaltec was felt across all product segments and regions. The 'Functional Fillers' Business Division reported a 45.2% increase in revenues, while the 'Technical Ceramics' Business Division achieved only slightly lower revenue growth of 43.6%. The conditions for continued growth remain stable and intact. Incoming orders stay at a high level and once again exceeded revenues in the first quarter. The current order backlog gives the company great planning certainty for the full year 2011. Nabaltec has confirmed its projections for 2011 and expects revenues to grow by a low double-digit percentage. Earnings before interest and taxes (EBIT) 2011 are projected to increase at a higher rate than revenues. Note: The report for the first three months of 2011 of Nabaltec AG will be available for download from the Investor Relations section at www.nabaltec.de starting 31 May 2011. 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 halogen-free flame retardant fillers and eco-friendly additives for the plastics industry. Flame retardant fillers are used e.g. in cables in tunnels, airports, high-rise buildings and electronic devices, while additives replace stabilizers containing heavy metals in PVC processing. Nabaltec also produces 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 and plans to continue to consolidate its market position by expanding capacity, further optimizing processes and quality and making strategic extensions to its product range. On the strength of its specialty products, the company strives to attain the market leadership in each segment. Contact: Heidi Wiendl Nabaltec AG Phone: +49 9431 53-202 Fax: +49 9431 53-260 E-mail: InvestorRelations@nabaltec.de Frank Ostermair Better Orange IR & HV AG Phone: +49 89 8896906-14 Fax: +49 89 8896906-66 E-mail: frank.ostermair@better-orange.de End of Corporate News --------------------------------------------------------------------- 02.05.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. 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: 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, DE000A1EWL99 WKN: A0KPPR, A1EWL9 Listed: Freiverkehr in Berlin, Düsseldorf, München, Stuttgart; Entry Standard in Frankfurt End of News DGAP News-Service --------------------------------------------------------------------- 122345 02.05.2011