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CENTROTEC SUSTAINABLE AG (FRA:CEV) CENTROTEC Sustainable AG: CENTROTEC publishes forecast for 2010

Directive transparence : information réglementée

11/01/2010 07:52
CENTROTEC Sustainable AG / Forecast 11.01.2010 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Brilon, January 11, 2010 - CENTROTEC predicts growth in revenue to EUR 480 to 500 million for the 2010 financial year that is now under way, with an operating result (EBIT) of EUR 30 to 32 million (lower limit with an increase of approx. 11 to 20 % on the lower limit of the previous year's forecast). Earnings per share (EPS) should receive a boost not just from the consistently healthy CENTROTEC result, but also from the investment result's return to comfortably positive territory since the second half of 2009, with this indicator expected to reach EUR 1.10 to 1.20 (approx. 30 to 40 % up on the lower limit for the 2009 forecast). The positive prospects for 2010 come on the back of a successful 2009 financial year, for which the forecast revenue and EBIT figures published exactly one year ago will definitely be achieved despite a challenging market environment. There are growing signs of an upswing in economic activity as a whole, but it is unlikely that the improved situation in 2010 will be sufficient to correct the sharp downturn in the economy that was precipitated by the crisis. Nevertheless, on the strength of CENTROTEC's very good market position for integrated system solutions for energy saving and climate protection in buildings, coupled with a wealth of new, innovative products in the areas of heating, climate control and ventilation technology, the company expects the positive trend in revenue and earnings to continue. The detailed forecast, with a breakdown by segment, will be published together with the annual accounts at the Annual Press Conference on March 25, 2010. CENTROTEC Sustainable AG CENTROTEC Sustainable AG and its subsidiaries enjoy a presence in over 45 different countries. The principal group companies are Wolf Heiztechnik, Brink Climate Systems and Ned Air in the Climate Systems segment, which have specialised in heating, climate control and ventilation technology e.g. in the form of solar thermal systems, CHP units and residential ventilation systems with heat recovery, as well as Ubbink and Centrotherm, which have focused on gas flue systems and solar system components in the Gas Flue Systems segment. CENTROTEC is consequently Europe's only listed full-service provider of solar thermal systems and energy-saving solutions for buildings. CENTROTEC Sustainable AG, Am Patbergschen Dorn 9, D-59929 Brilon, Germany ISIN: DE0005407506, WKN: 540750, home stock exchange: Frankfurt am Main Indices: SDAX, Prime All Share, Prime Industrial For further information, contact: CENTROTEC Sustainable AG, Dr. Frank Rose, Tel.: +49 (0)2961 96631-104 or MetaCom Corporate Communications GmbH, Georg Biekehör, Tel.: +49 (0)6181 98280-30 11.01.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: CENTROTEC Sustainable AG Am Patbergschen Dorn 9 59929 Brilon Deutschland Phone: +49 (0)2961 96631-0 Fax: +49 (0)2961 96631-100 E-mail: ir@centrotec.de Internet: www.centrotec.de ISIN: DE0005407506 WKN: 540750 Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, München, Düsseldorf, Stuttgart, Hamburg End of News DGAP News-Service ---------------------------------------------------------------------------