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DGAP-News: ESSANELLE HAIR GROUP AG / Key word(s): Quarter Results Essanelle Hair Group presents results after 9 months of 2013

11.11.2013 / 09:00

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Essanelle Hair Group presents results after 9 months of 2013

Sales revenue increases to EUR 96.0 million after EUR 94.3 million EBT ranges at EUR 3.0 million after EUR 3.7 million Forecast range expanded for the whole of 2013

Dsseldorf, 11.11.2013 - In the first nine months of 2013, Essanelle Hair Group AG was able to further increase sales compared to the same period of the previous year. After nine months, sales revenue increased by 1.8% to EUR 96.0 million after EUR 94.3 million in the corresponding period of 2012. Regarding the individual salon concepts, HairExpress improved sales by 5.6% from EUR 30.9 million to EUR 32.6 million. Super Cut also generated an increase of 1.8% from EUR 17.1 million to EUR 17.4 million. In the first nine months, the concept essanelle Ihr Friseur achieved EUR 40.4 million after EUR 41.0 million in the same period last year (-1.5%). With sales amounting to EUR 5.5 million, the Beauty Hair Shop concept specialises in the sale of exclusive hair care products and ranges 4.6% above the previous year's level of EUR 5.3 million.

The key figures of Essanelle Hair Group continue to range below the previous year's level. Earnings before taxes, interest, depreciation and amortisation (EBITDA) achieved EUR 6.5 million after EUR 7.3 million (-10.1%). After the first nine months of 2013, earnings before taxes (EBT) range at EUR 3.0 million after last year's figure of EUR 3.7 million (-18.7%). The result per share ultimately amounts to EUR 0.39 after EUR 0.49 in the previous year. As matters stand today, the company expects a sales growth of approximately 2% and earnings before taxes between EUR 5.0 and EUR 6.0 million - while expectations so far had been EUR 5.5 million to EUR 6.0 million.

Achim Mansen, CEO of Essanelle Hair Group AG: 'It is impossible to be more specific about the earnings projections for the whole of 2013. On the one hand, this is due to the traditionally high significance of Christmas sales, on the other hand, the effects of the minimum wage and corresponding price increases introduced in the past months turned out in very different ways. This makes a precise estimation for the year-end business difficult. But we do consider the current range of EUR 5.0 million to EUR 6.0 million to be very reasonable.'

Further details regarding the first nine months of 2013 are available at 25.11. in the Quarterly Report 3/2013 on the company's homepage http://www.essanelle-hair-group.com. Contact: Michael Mller, Stockheim Media, 02156-492 8266, mm@stockheim-media.com

End of Corporate News

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PRESS RELEASE: Essanelle Hair Group presents results after 9 months of 2013

DGAP-News: ROK Stars PLC / Key word(s): Acquisition ROK Stars Acquires Marula Oil

11.11.2013 / 08:01

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ROK Stars Acquires Marula Oil

Monday 11th November 2013

Ticker Symbol: RKS WKN: A1H7NB

ROK Stars, the consumer and environmental products development company, have announced the acquisition of the privately held US-based skincare line Marula Oil and will take over all day-to-day financial and production operations immediately.

'We are very excited to have acquired this uniquely positioned and highly effective skincare brand,' says Chairman of ROK Stars, Jonathan Kendrick. 'Marula Oil fits perfectly within our mandate to acquire, develop and market highly innovative consumer and industrial products.'

ROK Stars plans to implement an aggressive sales strategy to expand the current sales outlets in the US, Europe and Asia. Currently the line consists of 4 products: 1 oz. and 1.7 oz. bottles of Marula Oil, a cleanser and moisturizer.

Several more products are in development including an intensive, hydrating eye cream and a luxurious lip balm and will be brought to market within the next 6 months.

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PRESS RELEASE: ROK Stars Acquires Marula Oil

DGAP-News: Grammer AG / Key word(s): Quarter Results Grammer AG with strong increase in revenues and earnings

11.11.2013 / 06:55

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Grammer AG with strong increase in revenues and earnings

Revenues in first nine months up 12.0 % to EUR 952.9 million EBIT grows even faster, up 22.7 % to EUR 43.3 million Profit after tax up 24.5 % to EUR 23.9 million

Amberg / Germany, November 11, 2013 - Grammer AG, leading specialist in seating systems and components for car interiors could continue its successful business performance in the last quarter, showing a strong increase in both revenues and earnings. In the period from January to September, Grammer Group revenues increased by 12.0 percent from EUR 850.5 million in the previous year to EUR 952.9 million in 2013. The operating result (EBIT) was boosted by as much as 22.7 percent, from EUR 35.3 million to EUR 43.3 million. The EBIT margin increased accordingly by 0.3 percentage points to 4.5 percent. After the first nine months of the 2013 financial year Grammer Group achieved a profit after tax of EUR 23.9 million, representing an improvement of 24.5 percent over the previous year.

Looking only at the last quarter, the Group revenues between July and September 2013 rose from the previous year's level of EUR 283.3 million to EUR 310.4 million. The EBIT improved from EUR 11.0 million to EUR 13.2 million, and the profit after tax climbed from EUR 5.9 million in the third quarter of 2012 to EUR 6.6 million this year.

'We are well positioned in all of our markets and could realize market share gains thanks to our innovative products. This is true for all regions and for both divisions. With the strong increase in revenues, we are especially pleased that we were able not only to achieve a higher overall result, but also could improve the profitability of the Group,' said Hartmut Mller, CEO of Grammer AG.

Very dynamic growth in the Automotive Division In the first nine months of the 2013 financial year, revenues of the Automotive division increased significantly by 15.7 percent to EUR 607.2 million. This very positive development was based on strong organic growth, higher sales from development projects and the acquisition of nectec Automotive s.r.o. in the spring of this year. The ongoing weakness of the European car market could be compensated by Grammer with higher sales in China and North America. In addition the positive development of the Automotive division was also supported by a continuing high demand of the premium segment world-wide. The operating result (EBIT) amounted to EUR 24.7 million (2012: 21.4), increasing almost at the same rate as revenues and was also influenced by cost for set-up of new plants and customer projects. In the third quarter, revenues of the Automotive division improved from EUR 180.8 million in the previous year to EUR 201.1 million.

Seating Systems Division with significantly higher profitability The Seating Systems division could achieve an increase in revenues of 6.4 percent to EUR 361.1 million (2012: 339.4) in the first nine months of the 2013 financial year. The ongoing weakness of the European truck market could be compensated by Grammer by gaining additional market shares. In Brazil, which is an important market for Grammer, the demand for trucks in the first nine months was up significantly from the weak previous year's levels. In addition, Grammer could also achieve higher revenues in the North American offroad market. A very gratifying development for the Seating Systems division was a further increase in its operating result (EBIT) to EUR 27.0 million (2012: 19.8). Accordingly, the EBIT margin surged by 1.7 percentage points to 7.5 percent (2012: 5.8). In the third quarter of 2013, Seating Systems revenues increased from EUR 106.7 million in the corresponding period of 2012 to now EUR 115.0 million.

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PRESS RELEASE: Grammer AG with strong increase in revenues and earnings

DGAP-News: Vtion Wireless Technology AG / Key word(s): Quarter Results Vtion Wireless Technology confirms Outlook

11.11.2013 / 08:58

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Vtion Wireless Technology confirms Outlook

Frankfurt, 11 November 2013. Vtion Wireless Technology AG, one of the leading suppliers of wireless data solutions for mobile computing in China, announces its preliminary results for the first nine months of 2013. Revenues reached 45.3 million Euros in this reporting period, with an EBIT margin of 8%. Based on the company's current expectations, it remains on pace to reach the bottom end of its full year guidance.

Preliminary financial results of the first nine months of 2013

Revenues decreased by 23%, from 58.73 million Euros between January and September 2012 down to 45.26 million Euros in the first nine months 2013. Vtion's EBIT margin increased from 7% in Q2 2013 to 10% in the third Quarter on a revenues-basis of 17.5 million Euros.

Chen Guoping, CEO of Vtion Wireless Technology commentates: 'At present, our wireless data terminals business remains a reliable driver of our financial results. I am pleased that we have remained profitable in this core business segment. In the future, we will seek to provide the comprehensive computing solutions customized for certain industries as well as expand our wireless data terminal offerings as 4G technology is introduced to the Chinese market.'

Guidance for the financial year 2013 confirmed

Despite challenging market conditions the company's management team still projects the company will reach its guidance of revenues between 60 and 70 million Euros and an EBIT margin between 8 to 10%. The company expects steady revenues in the fourth quarter, despite the fact that the quarter is typically weaker than the third, due to reduced procurement on the part of the telecom operators heading into year-end.

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PRESS RELEASE: Vtion Wireless Technology confirms Outlook

DGAP-News: Masterflex SE / Key word(s): Quarter Results Masterflex SE: Strong growth over the course of the year

11.11.2013 / 08:05

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Masterflex SE: Strong growth over the course of the year

- Increase in turnover of 10.3% in Q3/2013 making + 5.1% to date

- Roughly stable EBIT margin of 10.5%

- First roll-out stage of staff recruitment completed in Asia

Gelsenkirchen, 11 November 2013: During the course of the first nine months of 2013, the business in Masterflex SE high-tech hoses and connector systems has improved dynamically. In Q3/2013 alone, turnover stood at EUR15.2 million, up around 10.3 percent over the same period over the previous year. For the first nine months of 2013, turnover of EUR44.2 million corresponds to a growth of 5.1 percent.

Dr. Andreas Bastin, Masterflex CEO, sums up: 'Over the last decade, we have never had such good turnover from our high-tech hoses as we had in Q3/2013. After a weak start to the year, our business has increased dynamically. Our international activities in America and Asia have been a significant contributing factor to this. It shows our internationalisation strategy is proving to be effective.'

As planned, operating income (EBIT) has worked out slightly less. The reported EBIT of EUR4.7 million and resulting EBIT margin of 10.5 percent reflect the - predominantly non-capitalisable - roll-out costs, primarily staff costs, needed for expansion in Asia. 'The EBIT slump may now have almost bottomed out yet, looking forward, this will change again', Bastin continues. 'Because the first stage in the roll-out of the sales organisation in Asia has now been completed. Thus, for the first time since 2011, the staff cost ratio over the first nine months has slightly dropped in comparison to 37.2 percent over the first half year (37.7 percent, previous year: 35.6 percent). The focus is now on getting all processes running smoothly as quickly as possible.'

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PRESS RELEASE: Masterflex SE: Strong growth over the course of the year