EANS-News: Hoenle generates a balanced result in the fourth quarter, excluding special effects; positive outlook

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Graefeling/Munich (euro adhoc) - According to preliminary figures, the Hoenle
Group earned sales revenues of TEUR 11,374 in the fourth quarter (PY: TEUR
15,857). The operating result (EBIT) came to TEUR -1,872 (PY: TEUR 821), and the
consolidated result was TEUR -2,427 (PY: TEUR 619).
Special one-off effects that reduced income by the amount of TEUR -1,861 in the
fourth quarter were mainly associated with restructuring and the integration of
the new companies. Excluding the one-off effects, the Hoenle Group´s operating
result was balanced in the fourth quarter.

The Hoenle Group´s sales revenues declined from TEUR 48,744 in the financial
year 2007/2008 (annualised TEUR 67,588) to TEUR 44,985 in financial year
2008/2009, and the operating result dropped from TEUR 5,630 in the previous year
to TEUR -3,938 in the year under review. In the same period the pretax result
fell from TEUR 5,908 to TEUR -4,073, and the consolidated result from TEUR 4,569
to TEUR -4,083. Earnings per share decreased from EUR 0.79 to EUR -0.76.

The Hoenle Group´s liquid assets amounted to TEUR 3,158 as at 30 September 2009.
The liquid assets, financial assets and own shares portfolio (market value as at
30 September 2009) totalled TEUR 5,061. The equity ratio stood at 65.6 %.

Outlook:
Hoenle successfully integrated the newly acquired companies in financial year
2008/2009 and, in so doing, significantly extended the basis for strong earnings
growth. Extensive action plans were systematically implemented so that, as from
sales of EUR 42 million, a positive result is expected in financial year
2009/2010. As a consequence, the Hoenle Group is well positioned even in an
economically difficult environment.

The orders position improved in all corporate segments at the end of the
financial year. Both incoming orders and the orders on hand were above the
previous quarters. It is particularly satisfactory that positive development is
also recognisable in the offset and digital printing segment.
Hoenle expects an increase in sales revenues in the first quarter, in comparison
with the previous quarter, and an operating result of between TEUR 500 and TEUR
1,000. It is difficult to forecast the whole year due to the uncertain
development of the economy. Nevertheless Hoenle assumes for the financial year
as a whole, further positive profit contributions in the following quarters even
in light of a weak economic development.

Further inquiry note:
Peter Weinert
Tel.: +49 89 856 08 173
E-Mail: [email protected]
end of announcement euro adhoc
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issuer: Dr. Hönle AG
Lochhamer Schlag 1
D-82166 Gräfeling/München
phone: +49(0)89 85608 0
FAX: +49(0)89 85608 148
mail: [email protected]
WWW: www.hoenle.de
sector: Instrument Engineering
ISIN: DE0005157101
indexes: CDAX, Prime All Share, Technology All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, Hannover, München
language: English

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