PTA-News: Dr. Hönle AG: Hönle reports a great leap in earnings in the first quarter

Gräfelfing/München   22.Feb.2018

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Gräfelfing/München (pta010/22.02.2018/08:05) - In the first quarter of financial year 2017/2018, the Hönle Group generated revenues of TEur 29,535, which corresponds to a 33.2 % year-on-year increase. The operating result (EBIT) jumped by 231.8 % to TEur 7,392 in the current financial year. Thus, the Hönle Group generated the best period result in its more than 40-year corporate history for the second consecutive quarter. The increase in earnings is attributable to the excellent business development in the Adhesives segment. In particular, orders received from the electronics industry in the smart phones segment led to a shape rise in sales and earnings. The customer base was further expanded in this segment. Earnings before taxes (EBT) jumped by 239.0 % to TEur 7,319 and the consolidated profit by 246.0 % to TEur 5,200. This corresponds to earnings per share of Eur 0.95 (PY: Eur 0.27). The EBIT margin climbed from 9.7 % in the previous year to 24.4 % in the reporting year. Net profit on sales increased from 6.8 % to 17.6 %.

Following a very good start to the new financial year in the Adhesives segment, the Management Board also expects a clearly positive business development in the second quarter in comparison with the previous year. Orders in the electronics and automotive segments will contribute to this development.
The orders in hand in the Equipment & Systems segment is above the previous year's level due, inter alia, to the strong demand from the printing industry for LED drying systems, in particular. Thus, increasing sales and earnings contributions are also projected in the further course of business of the Equipment & Systems segment.
The Glass & Lamps segment is also expected to see a positive development. A high order backlog and current projects will contribute to rising sales and earnings in this segment.

After revenues of Eur 101.9 million and an operating result of Eur 15.2 million in the last financial year, the Management Board continues to aim at achieving revenues of between Eur 115 million and Eur 125 million and an operating result of Eur 22 million to Eur 26 million for the Hönle Group in financial year 2017/2018.

The complete quarterly statement can be downloaded here:

About Hönle
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 develops innovative solutions for different industrial production processes. The equipment is 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
country: Germany
contact person: Peter Weinert
phone: +49 89 85608-173

ISIN(s): DE0005157101 (share)
stock exchanges: regulated market in Frankfurt; free market in Stuttgart, free market in Munich, free market in Hamburg, free market in Dusseldorf, free market in Hannover; open market in Berlin, Tradegate

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