SFC Energy AG SFC Energy generated total sales 2012 of approx. 31.3m EUR and positive EBITDA

SFC Energy AG / Key word(s): Preliminary Results

29.01.2013 / 07:59

SFC Energy AG - Corporate News - ISIN DE0007568578

SFC Energy generated total sales 2012 of approx. 31.3m EUR and positive EBITDA

- Group sales 2012 more than doubled compared to 2011

- Strong growth in the Industry and Defense & Security segments

- EBITDA 2012 positive: 0,7m EUR versus negative 4,6m EUR in 2011

Brunnthal/Munich, January 29, 2013 - SFC Energy AG announces preliminary, unaudited figures for the 2012 fiscal year.

SFC Group achieved total sales 2012 of approx. 31.3m EUR. More than doubling 2011 sales (15.4m EUR) and thus slightly exceeding expectations.

SFC's business generated sales of approx. 18.3m EUR which marks an increase of 26% (2011: 14.5m EUR). With approx. 13.0m EUR, as expected, PBF's 2012 sales reached the previous year's level. (It should be noted that in 2011 PBF was only consolidated with effect from December 1, 2011, contributing 0.9m EUR sales).

SFC's sales growth was mainly due to the positive development in the segments Defense & Security (up 95% versus 2011) and Industry (up 32% versus 2011). As a result of the weaker demand throughout Europe sales in the Consumer Segment were down 25% on 2011 as had been expected.

As forecasted, SFC Energy Group achieved a positive EBITDA of approx. 0.7m EUR (2011: negative 4.6m EUR). Underlying EBITDA, before one-off items, was approx. 0.8m EUR (2011: negative 2.7m EUR).

The Group's EBIT 2012 was also significantly improved to approx. negative 0.5m EUR (2011: negative 6.6m EUR). Contained in this are one-off items in the total amount of a net gain of approx. 0.5m EUR (reversal of impairment charges on capitalized development costs as a consequence of the major order placed by Deutsche Bundeswehr, acquisition costs and compensation payments). Underlying EBIT 2012 was negative approx. 1.0m EUR versus negative 4.1m EUR in the previous year.

For the 2013 fiscal year SFC Energy management continues to expect sales growth of about 10% along with further improvements in key earning figures. A more detailed outlook and the complete annual report will be published on March 26, 2013.

SFC Investor Relations:
Barbara von Frankenberg
Head of IR and PR
SFC Energy AG
Eugen-Sänger-Ring 7
D-85649 Brunnthal
Tel. +49 89 673 592-378
Fax. +49 89 673 592-169
Email: [email protected]

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