- 07.08.2007, 08:17:29
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- OTE0002
euro adhoc: Softing AG / Financial Figures/Balance Sheet / Softing half-year 2007: Sales up 24%, earnings at EUR 1.2 million (E)
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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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07.08.2007
The Softing Group continued to achieve significant improvements in terms of
incoming orders, sales and earnings.
According to preliminary calculations, incoming orders - an important early
indicator - rose by 17% in the second quarter of 2007, resulting in an increase
of 20% to EUR 14.4 million for the first half-year. There was a further
improvement in sales as well. Worldwide sales climbed by 29% in the second
quarter of 2007. Overall, sales increased by 24% to reach EUR 13.6 million in
the first six months of the year. Our operating earnings developed just as
positively, jumping by EUR 1.7 million in the first half-year to EUR 1.2
million.
A particularly pleasing development is that Automotive Electronics is back on
the road to success. The division is experiencing double-digit growth rates and
has returned to profitability. This is a clear turnaround.
The divisions' preliminary figures for the first six months of 2007 are as
follows:
Sales Automotive Electronics: EUR 6.6 million (2006: EUR 5.0 million)
EBIT Automotive Electronics: EUR 0.3 million (2006: EUR -1.0 million)
Sales Industrial Automation: EUR 7.0 million (2006: EUR 5.9 million)
EBIT Industrial Automation: EUR 0.9 million (2006: EUR 0.5 million)
Equity as of the end of the first six months of 2007 was EUR 13.2 million. This
translates to EUR 2.34 per Softing share compared to the current share price of
approx. EUR 3.00. The Quarterly Report 2/2007 can be downloaded in pdf format
from the Investor Relations section at www .softing.com from August 14, 2007.
Further inquiry note:
Dierk Ströle
Assistent der Geschäftsleitung
Tel.: +49 (0) 89-45656-211
E-Mail: [email protected]
end of announcement euro adhoc 07.08.2007 07:42:42
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emitter: Softing AG
Richard-Reitzner-Allee 6
D-85540 Haar
phone: +49(0)89 45656 333
FAX: +49(0)89 45656 492
mail: [email protected]
WWW: http://www.softing.com
sector: Software
ISIN: DE0005178008
indexes: CDAX, Prime All Share, Technologie All Share
stockmarkets: regulated dealing/prime standard: Börse Frankfurt, free trade:
Börse Berlin, Börse Hamburg, Börse Stuttgart, Börse Düsseldorf,
Börse München
language: English
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