26.08.2008
Nabaltec AG / Half Year Results Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- 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 ---------------------------------------------------------------------- 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 ---------------------------------------------------------------------------