Home News DGAP-News: Augusta Technologie AG: Sale of DLoG successfully completed

DGAP-News: Augusta Technologie AG: Sale of DLoG successfully completed


Release of a Corporate News, transmitted by DGAP – a company of EquityStory AG. For the content of Communication is the issuer / publisher responsible.
AUGUSTA Technologie AG: Sale of DLoG successfully completed
– Complete sensor and emphasizes a focus on core businesses Vision
– Inflow of 12.85 million euro creates scope for Acquisitions
Munich, 19 March 2010. On the sensors and Automation technology company specializing AUGUSTA Technologie AG (ISIN DE000A0D6612) has after the signing on 9 March 2010 (Singing) is now completed the change of ownership (closing). Thus, the AUGUSTA completely from their business Logistics automation separately. New owner of DLoG GmbH in Germering, the Advantech Europe Holding BV, a 100-percent subsidiary of Taiwan’s Advantech Group. The sale of DLoG contributes to a increased focus on the core segments of AUGUSTA Sensor Technology, Micro Systems and Technology at Vision. These are under the Buy-and-build strategy developed. ‘The sale of division Logistics automation, we can focus even more on our two Core segments sensor and vision to focus. The proceeds from sales of 12.85 million euros to increase the immediate cash, AUGUSTA and to broaden the existing scope for financial our acquisition plans significantly, "said Amnon Harman, Chairman of the Board of AUGUSTA.
After a solid fourth quarter of 2009 and a positive start in the new fiscal year 2010, AUGUSTA is expected again in 2010 Growth. We have done our homework and come from enhanced the crisis in 2009. We expect a good first half and want to Our results in 2010 compared to sales ‘increase, so Harman on. After the sale of DLoG AUGUSTA expected for fiscal year 2010 sales in a Plausible range of 95 until 105 million and an EBITDA of between EUR 12 and EUR 16 million. In These values are potential acquisitions, not yet considered.
For companies
AUGUSTA Technologie AG is an integrated Technology companies with the focus on the niche markets of sensors and the Automation.
In the Sensors division develops, manufactures and the company sells sensor systems for customer-specific Applications. The product range comprises the distribution of individual Pressure up to the development of complex sensor and measuring systems. The Applications varies primarily on medical technology, mechanical and plant construction, automotive and aerospace.
In the business vision, the company supplies Solutions for the automation and quality management Process flows. This will be a wide range of applications different markets such as machine vision, the Medical or traffic control addressed.
In fiscal 2009 generated AUGUSTA Revenues of 106.5 million euros and earnings before interest, taxes, depreciation and amortization (EBITDA) of EUR 13.4 million euros.
AUGUSTA Technologie AG Stefanie Zimmermann Investor Relations & Corporate Communications Willy-Brandt-Platz 3, 81829 Munich Tel: +49 – (0) 89 – 43 57 155 – 19 Fax: +49 – (0) 89 – 43 57 155 – 59 E-mail: investor-relations@augusta-ag.com
19.03.2010 10:17 Ad-hoc news, financial news and Press releases transmitted by DGAP. Media archive at http://www.dgap-medientreff.de and http://www.dgap.de
Language: German Company: Augusta Technologie AG
Willy-Brandt-Platz 3
81829 Munich
Germany Phone: +49- (0) 89-4357155-19 Fax: +49- (0) 89-4357155-56 E-mail: investor-relations@augusta-ag.de Internet: www.augusta-ag.de ISIN: DE000A0D6612, DE0003705992 WKN: A0D661, 370,599 indices: CDAX, PRIMEALL Exchanges: Regulated Market in Frankfurt (Prime Standard), free trade
in Berlin, Munich, Dusseldorf, Stuttgart
End of News DGAP News-Service