PresseBox
Press release BoxID: 100625 (Nabaltec AG)
  • Nabaltec AG
  • Alustraße 50 - 52
  • 92421 Schwandorf
  • http://www.nabaltec.de
  • Contact person
  • Heidi Wiendl
  • +49 (9431) 53-202

Key figures for 2006

Nabaltec AG registers sharp increase in revenue and earnings / Full capacity at Nashtec (USA) expected in May / Further increase in production capacity planned

(PresseBox) (Schwandorf, ) Nabaltec AG, a leading supplier of mineral-based flame retardants and materials for technical ceramics, presented its 2006 financial statements today, which show an improvement in consolidated revenue from EUR 61.3 million to EUR 71.6 million, or 16.8%, as the company's revenue growth once again exceeded the overall market growth rate. Both of the company's divisions contributed to its growth, as the revenue in the "Functional Fillers" division rose by 19% and the "Technical Ceramics" division reported an improvement of 10%.

Nabaltec Group's growth is also reflected in its earnings: the group's earnings before interest, taxes, depreciation and amortization (EBITDA) rose sharply, from EUR 5.4 million to EUR 6.6 million and a significant improvement was registered in earnings before interest and taxes (EBIT), which increased from EUR 2.9 million to EUR 4.0 million. Group earnings after minority interests came to EUR -0.2 million in the past financial year (previous year: EUR 1.1 million) due to the necessary expenditures in connection with the launch of the "Nashtec" joint venture in the US and the cost of the company's IPO in the Entry Standard section of the Frankfurt Stock Exchange in November 2006.

Nabaltec expects the success it has experienced in recent years to continue in the current financial year. An important part in this continued success will be played by the new production plant for APYRAL® 40 CD in Corpus Christi, Texas (USA), which was built as part of the "Nashtec" joint venture. The facility went online at the end of November 2006 and is set to reach 70% capacity in April and full capacity in May. In addition to Nashtec, the company plans to begin production over the course of the year in new facilities for ceramic bodies, reactive aluminum oxides and fine precipitated aluminum hydroxides.

Further information about Nabaltec AG's performance in 2006 can be found in the current Annual Report, available at www.nabaltec.de.