- 11.02.2011, 14:12:59
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- OTS0169 OTW0169
EANS-Adhoc: Westag & Getalit AG / Strong sales growth in 2010; Moderately higher earnings before income tax in spite of marked increase in raw materials prices
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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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11.02.2011
In the fiscal year 2010, Westag & Getalit AG was able to increase its sales
revenues by 7.6% to EUR 216.6 million in a positive market environment. In this
context, we benefited from the pick-up in construction activity in Germany. It
was also good to see that our export sales increased at a disproportionate rate
of 9.1% as the markets in Europe stabilised.
Earnings before income tax improved by a moderate 0.9% to EUR 15.1 million, as
the growing sales revenues had a positive impact on the bottom line. On the
other hand, the sharp rise in raw materials prices, which increasingly made
itself felt in 2010, had an adverse effect.
In line with earnings before tax, net profit for the year rose by a moderate
1.4% to EUR 10.7 million.
All above figures are provisional and are subject to the ongoing audit of the
financial statements. The final figures will probably be communicated in an
ad-hoc press release on March 24, 2011.
Further inquiry note:
Felix Huisgen
Tel.: +49 (0)5242 17 5350
E-Mail: [email protected]
end of announcement euro adhoc
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issuer: Westag & Getalit AG
Hellweg 15
D-33378 Rheda-Wiedenbrück
phone: +49 (0)5242 17 0
FAX: +49 (0)5242 17 75000
mail: [email protected]
WWW: http://www.westag-getalit.de
sector: Building materials
ISIN: DE0007775207, DE0007775231
indexes: Prime All Sharestockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Stuttgart, regulated dealing: Düsseldorf
language: English
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