Balda AG / Key word(s): Final Results
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
– Growth in sales in the basic business to 397 million Euros
– Pre-tax result increased to about 49 million Euros
– Growth of 15 per cent expected for 2006
According to preliminary calculations Balda AG, which is listed on the
S-DAX, in the financial year 2005 once again managed to exceed its record
results from the previous year. The company, which specialises in precision
components made of high-performance plastics, increased its sales by about
5.1 per cent to 397 million Euros (previous year: 377.7 million Euros).
This figure is slightly below the forecast sales of 420 – 430 million
Euros. This failure to meet the forecast is accounted for by the
cancellation of sales based on bought-in parts such as LCD displays,
amounting to about 60 million Euros. The pre-tax result (EBT) of about 50
million Euros exceeds both last year’s figure of 47.7 million Euros as well
as the already increased forecast figure of 45 – 47 million Euros. This
result already includes not budgeted expenses for first-time project
ramp-ups in the new production plant in Hungary of about 3 million Euros.
The result shows growth of about 2.7 per cent.
Growth in the reporting year was driven mainly by the Asia region. In
Europe, on the other hand, the discontinuance of sales based on bought-in
parts led to a decline in revenues. The main market for Balda AG in year
2005 again was the Infocom sector (mobile phones). The traditionally strong
pre-Christmas business in this area ensured that production capacity was
well-utilised at Balda during the last quarter of the year.
In the financial year 2006 the Board is expecting growth in sales of about
15 per cent to between 450 and 460 million Euros. Sales outside Germany are
expected to account for about 65 per cent of this, having been about 43 per
cent in 2005. The pre-tax result (EBT) for the current year should be in
the range of 46 to 48 million Euros.
Millions Euro 2004 2005 Change (%)
Sales 377.7 397 5.1
EBT 47.7 49 2.7
Any questions to: Balda AG, Cersten Hellmich and Kathrin Wiederrich
(Investor Relations), Tel: (05734)922-2706 / 2751, Fax: (05734) 922-2691,
Email: firstname.lastname@example.org, email@example.com, Internet: www.balda.de
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Company: Balda AG
Bergkirchener Str. 228
32549 Bad Oeynhausen
Phone: +49 (0) 57 34 / 9 22-0
Fax: +49 (0) 57 34 / 9 22-2604
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart
End of Announcement DGAP News-Service