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Vienna, February 18, 2010 PRESSRELEASE NR. 1/2010 SEMPERIT AG HOLDING: PRELIMINARY RESULTS FOR SEMPERIT AG HOLDING FOR 2009:
Vienna, February 18, 2010 – Despite the difficult economic environment, Semperit once again succeeded in improving earnings in 2009 compared to the previous year. This development can mainly be attributed to sustained strong demand in the Sempermed division, which achieved significant increases in revenues and profits. | ||||||||||||
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Although Group revenue declined in nearly all other areas to EUR 588.1 million in total (previous year: EUR 655.3 million) due to a considerable slump in demand, the Semperit Group improved earnings before tax (EBT) by 23.8% to EUR 71.9 million. An important contribution to this was made by the comprehensive cost-reduction program, which was successfully implemented in the period under review on both the personnel and material side. Performance of the divisions Outlook Final results will be presented on April 6, 2010. | ||||||||||||
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