Home News DGAP-News: Halloren Chocolate Factory AG: Record sales for good earnings growth

DGAP-News: Halloren Chocolate Factory AG: Record sales for good earnings growth

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Release of a Corporate News, transmitted by DGAP – a company of EquityStory AG. For the content of Communication is the issuer / publisher responsible.
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Halle / Saale, 30 March 2010 – The Halloren Chocolate Factory AG, Germany’s oldest chocolate factory reports a Record turnover for the year ended in 2009.
For the confectionery industry with 2009, a turbulent year ended. The price of cocoa reached the highest level in more than 30 years, retail prices fell, remained of the twelve rounds of price reductions and the Manufacturers of chocolate and Co. is not spared. In this difficult environment could say the chocolate factory Halloren good nonetheless. ‘The Production has been further streamlined and the changes in the demand adapted. " says CEO Klaus Lellé. The consistent Cost savings program accesses and the plans for efficiency gains and further Cost savings have been accelerated. Lellé: ‘What is common we have succeeded, even at the lowest end of an economic cycle, to achieve the planned targets for 2009.
In the context of today’s annual press conference in Halle an der Saale presented the board members and Andreas Klaus Lellé chair the Statements 2009th Accordingly, increased the overall performance of the Halloren Group to 55.17 million euros. This represents an increase by 34.1%
over the previous year. The consolidated net sales, adjusted for Sales rebates, also improved from 38.17 million to EUR 52.61 million EUR (+ 37.8%). These revenues were distributed as follows among the Divisions: Halloren brand confectionery including 25.94 million EUR, Chocolaterie 8.33 Million, and industrial production 18.33 million euros. The Earnings performance demonstrates the positive business development 2009th Earnings before Interest, taxes, depreciation and amortization (EBITDA) improved from 5.25 million EUR to 6.03 million euros. Earnings before interest and taxes (EBIT) amounts to 3.31 million EUR (previous year: 2.94 million euros). The Consolidated net income before taxes for the past fiscal year, 2.47 million (Previous year: 2.38 million euros). The detailed Annual Report will be forthcoming at the analyst conference on 03 May 2010 expected.
Thanks to our strong cash flow from operations and the Halloren stable financial situation is expected to pay a dividend of EUR 0.30 per share to shareholders. At its meeting During the past week, the Supervisory Board of the company a proposal of the Executive Directors. Final decision thereon, the meeting of the Company On 24 June 2010. For the current year shall be Halloren ambitious goals: The sales are expected to increase by over 8% to 57 million euros. Despite volatile commodity markets and intends increasing pressure on margins management last year’s good earnings before taxes of approximately EUR 2.5 million achieved in turn. Over the next few years will Then in particular the export business continued to grow in double digits.
30.03.2010 13:00 Ad-hoc news, financial news and Press releases transmitted by DGAP. Media archive at http://www.dgap-medientreff.de and http://www.dgap.de
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Language: German Company: Halloren Chocolate Factory Ltd.
Delitzscher Strasse 70
06112 Hall
Germany Phone: +49 (0) 345 / 56 42-0 Fax: +49 (0) 345 / 56 42-282 E-mail: info@halloren.de Internet: http://www.halloren.de ISIN: DE000A0LR5T0 Symbol: A0LR5T stockmarkets: Open Market in Berlin, Dusseldorf, Munich, Stuttgart; Entry
Standard in Frankfurt
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