Ad-hoc-Message due to §15 WpHG (German Securities Trading Act).

Alphaform AG: With interim report for Q1 2010


Feldkirchen, 4 May 2010

The first quarter of fiscal year 2010 is marked by the still weak economic situation, particularly at the beginning of the year. A significant recovery has started in the second half of the quarter.

- With revenues of €4,300,000 the first quarter of 2010 were down by 21.9% compared to the corresponding prior-year figure of €5,508,000. Compared to the fourth quarter of 2009 revenues were down by 9.7% from €4,763,000.

- The Group’s booked business amounted to €1.0 million as of 31 March 2010 without MediMet (previous year: €1.9 million without MediMet).

- EBITDA increased slightly from minus €228,000 in the first quarter of 2009 to minus €190,000 the first quarter of 2010. Compared to the fourth quarter of 2009 EBITDA increased distinctly by €826,000. Adjusted by special items (restructuring, impairment on accounts receivables and site relocation metal center) EBITDA has improved by €153,000.


- Consolidated net income after interest and taxes increased year-on-year by €144,000 from minus €872,000 in the first quarter of 2009 to minus €728,000 in the first quarter of 2010.

- Earnings per share increased from minus €0.16 in the first quarter of 2009 to minus €0.14 in 2010.

- Net cash from operating activities were down by €605,000 to €1,842,000 in the first three months of 2010 compared to minus €1,237,000 in the first three months of 2009.

- The number of employees in full time equivalents on the reporting date 31 March 2010 was 188 (previous year: 210 employees).

Overall, we expect a slight revenue growth at group level. The traditional business will stabilize at approximately the previous year’s level, where the decline in the Formula 1 business will be compensated by growth in the segments of medical, industrial and automotive. In the field of medical implants and instruments, we expect a recovery as already anticipated last year.

The entire interim report on Q1 2010 will be published on 12 May 2010 and will be available on our website www.alphaform.de - rubric IR/Reports.


End of Ad hoc publication © DGAP 04 May 2010
 

Alphaform AG
Investor Relations
Tel.: 089-90 500 235
Fax: 089-90 500 1035
e-Mail: ir@alphaform.de 

WKN: 548795; ISIN: DE0005487953;
Index: Listed on the Geregelter Markt of the Frankfurt Stock Exchange (Prime Standard); regulated unofficial trading in Berlin-Bremen, Düsseldorf, Hamburg, Hanover, Munich and Stuttgart

 
Close