PTA-News: Dr. Hönle AG: Hönle generates operating result of Eur 2.8 million in the first quarter
Business news for the stock market
Gräfelfing/München (pta005/26.02.2016/07:15) - Sales revenues earned by the Hönle Group increased by 3.9 % to TEur 22,641 in the first quarter of the 2015/2016 financial year. Operating result (EBIT) rose by 5.1 % to TEur 2,788 and earnings before tax by 6.6 % to TEur 2,687. Consolidated earnings saw a 4.3 % increase to TEur 1,878, which correspondents to earnings per share of Eur 0.34 (PY: Eur 0.32).
Thus, the EBIT margin came to 12.1 % in the current financial year compared to 12.6 % in the previous year. Net profit on sales remained unchanged at 8.3 %. The Hönle Group's capital ratio stood at 65.0 %.
Despite a subdued start into the new financial year in the Adhesives and Glass & Lamps segments, consolidated sales in the first quarter were higher than in the corresponding prior-year period due to strong demand from the printing industry. For the second quarter we expect weaker earnings in the Adhesives and Glass & Lamps segments than in the prior-year period, and the Hönle Group's quarterly earnings will probably be down from the previous year's level. However, due to model changes for smartphones and the start of operations of further melting furnaces at Raesch Quarz (Germany) GmbH, we project increasing sales revenues and earnings in the Hönle Group for the second half of the year.
Given unchanged economic conditions and sustainable stable production processes at Raesch Quarz (Germany) GmbH we still expect the Hönle Group's sales revenues and operating result in financial year 2015/2016 to be roughly on par with the previous year's figures.
The complete quarterly statement can be downloaded here: http://www.hoenle.de/en/ir-reports/.
Dr. Hönle AG is a listed technology company with head office in Gräfelfing, near Munich. With a staff level of more than 500 employees, the Hönle Group is one of the world's leading systems suppliers in the UV technology segment. The equipment and systems are used for drying inks and coatings, curing adhesives and plastics, disinfecting surfaces, and in the simulation of natural sunlight. The company's business activities also include the development and sale of industrial adhesives and sealings. In addition, the group manufactures UV lamps that are used in water sterilisation and for other applications, and produces tubing and semi-finished goods made of quartz glass that are used by various branches of industry. The Hönle Group is represented worldwide in 28 countries by own companies and sales partners.
emitter: Dr. Hönle AG
address: Lochhamer Schlag 1, 82166 Gräfelfing/München
contact person: Peter Weinert
phone: +49 89 85608-173
ISIN(s): DE0005157101 (share)
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