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2010 
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Preliminary results for 2009

18.03.2010

SURTECO SE, leading manufacturer of surface materials based on plastics and technical papers for the international construction and furnishing industry, generated sales of € 341.1 million in the business year 2009 and was therefore 15 % below the volume for 2008. While foreign sales fell by 18 %, a drop of 11 % was posted in the German market. The proportion of foreign sales fell by two percentage points to 64 %.

The Strategic Business Unit Plastics closed the business year with sales of € 210.0 million. This corresponds to a decline of 18 %. The paper segment generated € 131.1 million (-12 %).

The SURTECO Group generated an operating result (EBITDA) of € 54.3 million (-4%) in 2009, whereby the EBITDA for the previous year was impacted negatively by one-off restructuring expenses amounting to € 7.3 million.

The financial result advanced from € -21.3 million to € -16.9 million essentially on the basis of a lower impairment requirement on the package of shares in Pfleiderer AG, Neumarkt, held by SURTECO. As a result, the pretax result (EBT) went up by 11 % to € 17.6 million.

The Board of Management and Supervisory Board will propose to the Annual General Meeting of the shareholders of the company to be held in Munich on 24 June 2010 that a dividend of € 0.40 (2008: € 0.35) per share should be paid out.


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