EANS-Interim Report: SIMONA AG / Zwischenmitteilung

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Intermediate report of the management pursuant to section 37x of the WpHG
transmitted by euro adhoc. The issuer is responsible for the content of this
announcement.
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Interim Announcement within the First Half of 2011

SIMONA increases revenues and earnings in first quarter

Kirn, 4 May 2011. The SIMONA Group made a good start to the 2011 financial
year. Sales revenue rose by 28.9 per cent to EUR76.9 million in the first
quarter. Returning to a level in excess of the Group's target, revenue was up
considerably on the figure posted for the first quarter of 2010, which had been
adversely affected by the financial and economic crisis. In March 2011, the
SIMONA Group recorded its highest monthly revenue since the inception of the
company. Within this context, revenue was driven in particular by much improved
investment spending on the part of SIMONA's major export-oriented customer
groups, the chemical industry and the mechanical engineering sector. Against the
backdrop of spiralling commodity prices, revenue growth was considerably
higher than the expansion of sales volumes in the first quarter.

PE and PP sheets used for chemical tank and apparatus construction as well as by
the photovoltaic industry made an above-average contribution to growth. In
parallel, PVC foam sheets for applications in the field of advertising and
structural engineering performed well in the period under review. Business in
the area of PP pipes and fittings for industrial applications also produced
considerable forward momentum, whereas revenue generated through PE pipes
contracted.

As regards the procurement of raw materials used by SIMONA, the current
situation continues to be dominated by supply-side shortages and elevated
prices. This, in turn, has exerted downward pressure on the Group's gross
margin. Pre-tax profit totalled EUR5.4 million (Q1 2010: EUR2.6 million) in
the
first quarter. The EBIT margin stood at 7.0 per cent.

There were no significant changes to the company's financial position or cash
flows in the first three months of 2011.

For the financial year 2011 as a whole, the SIMONA AG has set a revenue target
of EUR290 million. Within this context, the percentage share of revenue
attributable to the region of America, Asia & Australia is to be further
expanded. Despite the continued rise in commodity prices, profitable growth
remains a top priority; the target for Group earnings before taxes has been set
at EUR15 million.

The Management Board

end of announcement euro adhoc
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issuer: SIMONA AG
Teichweg 16
D-55606 Kirn
phone: +49(0) 6752-14-0
FAX: +49(0) 6752-14-738
mail: [email protected]
WWW: http://www.simona.de
sector: Chemicals
ISIN: DE0007239402
indexes:
stockmarkets: free trade: Berlin, regulated dealing/general standard: Frankfurt
language: English

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