Schaltbau Group announces forecast for 2011

Schaltbau Holding AG  / Key word(s): Forecast

08.11.2010 17:31

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Schaltbau Group announces forecast for 2011

Munich, 8 November 2010 - The companies of the Schaltbau Group again
performed well throughout the third quarter 2010. Based on present
knowledge, the Schaltbau Group is expected to record sales of approximately
EUR 280 million, earnings from operating activities (EBIT) totalling EUR
22.4 million and Group net profit of EUR 14.3 million for the current
fiscal year 2010. After deducting the profit attributable to minority
shareholders, the profit attributable to the shareholders of Schaltbau
Holding AG will total EUR 11.9 million, equivalent to undiluted earnings
per share of approximately EUR 6.40, as previously reported.

The Group is expecting the stable volume of railway business to continue in
2011. From a current perspective, the industrial components business is
also likely to stabilise at a high level. At the same time the Brakes
sector is predicted to gain in vitality, resulting in total sales revenue
for the Group of around EUR 290 million and earnings from operating
activities (EBIT) of EUR 23.5 million. Group net profit for the year is
thus forecast at EUR 15.8 million and earnings per share at EUR 7.20
(undiluted).


Kontakt:
Wolfdieter Bloch
Schaltbau Holding AG
Hollerithstraße 5
81829 München
Tel. 089 - 93005 209
Fax  089 - 93005 318
bloch@schaltbau.de






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Language:     English
Company:      Schaltbau Holding AG
              Hollerithstraße 5
              81829 München
              Deutschland
Phone:        089 - 93005 - 209
Fax:          089 - 93005 - 318
E-mail:       bloch@schaltbau.de
Internet:     www.schaltbau.de
ISIN:         DE0007170300, DE000A0D66Z2, DE000A0TFWY1
WKN:          717030, A0D66Z2, A0TFWY1
Listed:       Regulierter Markt in Frankfurt (Prime Standard), München;
              Freiverkehr in Düsseldorf, Berlin, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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