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HamaTech Reports Half-Year Figures 2007 – Positive Operating Results in Q2 for the First Time!
In the segment Optical Disc sales in the amount of € 20.3 million were realized in the 1st half of 2007. Adjusted for the divested companies a prior-year level in the amount of € 19.5 million results. In the 2nd quarter 2007 the realized sales in the segment Optical Disc amounted to € 13.7 million and were thus above previous year’s level. In the same quarter one year ago sales in the amount of € 9.5 million were realized. In the segment Advanced Process Equipment sales for the 1st half of 2007 came to € 7.9 million nearly at previous year's level (1st half 2006: € 8.1 million). In the 2nd quarter 2007 sales in the segment Advanced Process Equipment amounted to € 6.6 million (Q2 2006: € 4.7 million) and were thus also significantly above the level of the same quarter one year ago.
The Optical Disc division achieved a slightly positive EBIT of € 0.1 million in the 2nd quarter 2007. For the 1st half of 2007 earnings before taxes and interest (EBIT) were slightly negative at € -0.1 million (previous year: € -5.5 million). The Advanced Process Equipment division also achieved a positive EBIT of € 0.8 million in the 2nd quarter 2007. In the first half of 2007 the EBIT amounted to € -0.3 million (previous year: € -2.5 million).
The earnings before taxes (EBT) amounted to € 0.3 million for the first half-year. For the continuing segments the earnings before taxes in the previous year’s figure amounted to € -7.7 million. Accordingly, compared with previous year earnings were increased by € 8.0 million. In the 2nd quarter of 2007 earnings before taxes in the amount of € 1.3 million were realized (Q2 2006: € -1.8 million).
OUTLOOK Against the background of adjusted capacities and a significantly improved cost base the activities of Recordable Disc equipment are stabilizing. New product developments such as the TAURUS Plus, a combination machine able to produce DVD/R as well as CD-R through simple conversion, contribute to strengthening the business and defending the international market position. We expect the segment Recordable Optical Disc to be able to achieve a positive result for the full-year 2007.
New orders in the 2nd quarter and the current demand for machines in the segment Advanced Process Equipment make us confident for the future development of this division. We expect HamaTech APE to make a positive earnings contribution in the fiscal year 2007.
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