• 14.08.2008, 06:05:07
  • /
  • OTE0001

Hönle reports sharp rise in sales revenue and profit

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ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
the content of this announcement.
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Gräfeling/München (euro adhoc) - The Hönle Group´s sales revenue in the first
nine months of the current financial year increased by 72.6 % to TEUR 32,887. At
the same time, the operating result (EBIT) improved by 60.0 % to TEUR 4,808,
while earnings before taxes (EBT) increased by 41.3 % to TEUR 5,117. Net income
for the period rose by 72.7 % to TEUR 3,812 during the same period, which
corresponds to earnings per share of EUR 0.69 (PY: EUR 0.40).

Hönle acquired Eltosch GmbH on 15 May 2008 and thus expanded the consolidated
Group for the third time during the current financial year which, since 1
January 2008, also includes the Panacol Group and PrintConcept GmbH. With the
acquisition of Eltosch, a company that specialises in drying technology for
printing machines, Hönle is gaining direct access to one of the biggest markets
for UV technology, namely the sheet-fed offset printing industry. At the same
time, Hönle thus advances to become the second largest systems supplier
worldwide for UV technology.

Outlook:
Hönle is reinforcing its targets for the current financial year: The Company
plans an 85 % increase in sales revenue and an increase in the operating result
(EBIT) by 40 %.
Special focus is placed on speedy integration of the companies that were taken
over during the course of the year. In this connection, Hönle already
anticipates positive results in the current financial year due to preliminary
cost synergies to be exploited at Eltosch. A further increase in profitability
will be possible as of next year due to the resuming of in-house manufacturing
activities and as a result of synergies expected from sales and administrative
activities. Hönle also expects positive sales revenue and profits from the
integration of Panacol GmbH, which was acquired in January. In this context, the
business activities in China developed particularly well. Very promising
adhesives projects led to initial orders; more are to follow in the next
quarters. In order to increase profitability in the adhesives segment, Hönle
will - among other things - merge Panacol Deutschland with the subsidiary
Wellomer at one location in the next financial year.

Further inquiry note:
Peter Weinert
Tel.: +49 (0)89 856 08 173
E-Mail: [email protected]

end of announcement euro adhoc
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emitter: 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, Technologie All Share
stockmarkets: regulated dealing/prime standard: Börse Frankfurt, free trade:
Börse Berlin, Börse Hamburg, Börse Stuttgart, Börse Düsseldorf,
Börse Hannover, Börse München
language: English

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