Aug 04, 2005. /Lesprom Network/. MDAX-listed Pfleiderer AG further improved sales and earnings figures for the months April to June 2005 - this despite negative seasonal effects from the first quarter, which have now been fully compensated. As a result, key figures for the current fiscal year are up, both on a quarterly basis and year-on-year comparison. This positive growth in business has been achieved by all the company's operations.

The Pfleiderer Group with its business segments engineered wood and infrastructure technology reported total sales of Euro 450.5 million for the first six months of 2005. That is some 2% up from Euro 442.2 million for the previous year. EBITDA improved to Euro 51.8 million, an increase of around 12% on the previous year with Euro 46.2 million. Earnings before interest and taxes (EBIT) came to Euro 27.8 million after Euro 26.4 million in previous year.

Operative pre-tax profits for the Pfleiderer Group increased by a good 22% to Euro 19.7 million from Euro 16.1 million previous year. In the second quarter of fiscal 2004, disposal of the business unit poles and towers USA resulted in one-off income of Euro 27.3 million.

In million euros

 

1H 2005

2Q 2005

1Q 2005

Sales

450.5

232.6

217.9

* Sales Engineered Wood

382.3

190.3

192.0

* Sales Infrastructure Technology

69.0

43.1

25.9

EBITDA

51.8

27.8

24.0

EBIT

27.8

16.1

11.7

Now focused on its business segments egineered wood and infrastructure technology, MDAX-listed Pfleiderer AG is one of Europe’s top system providers for engineered wood products and melamine faced chipboard, as well as for leading edge rail track sleeper technology. The products and services provided by its business segments Pfleiderer engineered wood and pfleiderer track systems make it the preferred partner for both the furniture industry and specialist retailers, as well as for operators of rail track networks worldwide.

With 4,400 employees and 15 production plants in five countries, the Pfleiderer Group has annual sales about Euro 900 million. By further internationalizing its activities, Pfleiderer intends to expand foreign sales, presently accounting for about 50% of revenues.