Nabaltec : posts continued growth at the start of 2018

DGAP-News: Nabaltec AG / Key word(s): Quarterly / Interim Statement Nabaltec AG posts continued growth at the start of 2018 24.05.2018 / 10:00 The issuer is solely responsible for the content of this announcement. Nabaltec AG posts continued growth at the start of 2018 Record-high revenues in the first quarter of 2018: up 3.7% to EUR 45.2 million EBIT at EUR 4.3 million after the first three months, up from EUR 4.0 million in the same period of last year EBIT margin of 10.0% (EBIT as a percentage of total performance) Schwandorf, 24 May 2018 - Nabaltec AG published its quarterly report for the first quarter of 2018 today and confirmed its preliminary data. The company set a new record with revenues of EUR 45.2 million in the first quarter of 2018, up 3.7% from the same period of last year. Operating profit (EBIT) was EUR 4.3 million in the reporting period with an EBIT margin (EBIT as a percentage of total performance) of 10.0%. EBITDA came to EUR 7.3 million in the first quarter, up from EUR 6.8 million in the year before (for a gain of 7.4%). "We consider the first quarter of 2018 to be a success both for the industry and for us: the market drivers are intact, the messages we are getting from customers indicate a positive future development and our financial data speaks for itself," said Johannes Heckmann, CEO of Nabaltec AG. Revenues in the "Functional Fillers" product segment were EUR 29.3 million, up from EUR 29.0 million in the same period of last year (for a gain of 1.0%). Revenues in the "Specialty Alumina" product segment were up 8.9%, as revenues climbed to EUR 15.9 million from EUR 14.6 million last year. "Although 2018 is off to a good start, we consider it a year of transition, as the resumption of production in our US subsidiary Nashtec will drag down our margin, especially in the start-up phase, i.e. in the second and third quarters of 2018," reported Günther Spitzer, the CFO of Nabaltec AG. Nabaltec AG confirmed its forecast for 2018 as a whole and expects revenue growth in the mid-single digits and an EBIT margin in the high single digits. The start-up phase for the US subsidiary Nashtec is expected to weigh down earnings in 2018, which will be a year of transition. Note: Nabaltec AG's quarterly report for the first Quarter of 2018 will be available for download as of 24 May 2018 in the Investor Relations section of www.nabaltec.de. About Nabaltec AG: Nabaltec AG, with registered office in Schwandorf, a chemicals business which has received multiple awards for innovativeness, manufactures, develops and distributes highly specialized products based on aluminum hydroxide and aluminum oxide on an industrial scale through its two product segments, "Functional Fillers" and "Specialty Alumina." The company's product range includes halogen-free flame retardant fillers and functional additives for the plastics industry. Flame retardant fillers are used e.g. in cables in tunnels, airports, high-rise buildings and electronic devices, while additives have applications in catalysis and in electric vehicles. Nabaltec also produces specialty oxides for use in technical ceramics and the refractory industry. Unlike halogenated flame retardants, flame retardant fillers contain no hazardous substances and do not require separate disposal. Rather, they actually decrease the development of fumes hazardous to human health and the environment in the event of fire. Nabaltec maintains production sites in Germany and the US and plans to continue to develop its market position by expanding capacity, further optimizing processes and quality and making strategic extensions to its product range. On the strength of its specialty products, the company strives to attain the market leadership in each segment. Contact: Heidi Wiendl-Schneller Nabaltec AG Phone: [phone] Fax: [phone] E-mail: [e-mail] Frank Ostermair/Vera Müller Better Orange IR & HV AG Phone: [phone] Fax: [phone] E-mail: [e-mail] 24.05.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:	English
Company:	Nabaltec AG
	Alustraße 50-52
	92421 Schwandorf
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.nabaltec.de
ISIN:	DE000A0KPPR7, DE000A1EWL99
WKN:	A0KPPR, A1EWL9
Indices:	Scale 30
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange

End of News	DGAP News Service

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