"CHRIST in 2007 achieved record levels of new orders, order backlog, sales and success in higher earnings in most Geschäftsfeldern.Parallel to the global expansion has continued. Net profit was affected in particular by losses and losses in derKraftwerkssparte, which compared to the previous year, no profit improvement could be achieved is. For 2008, anticipated from the first quarter, a clear trend, "said Karl Michael Millauer, CeoDS Christ Water Technology Group, the balance of 2007 and the outlook for 2008.
The new orders could be further increased in all divisions under sufficient to EUR 324.2 million (+32%, Previous year: EUR 246 million) new peaks, among which the contract for a seawater desalination plant in the United Arab Emirates with a contract value of USD 84 million for the CHRIST Gruppehervorzuheben. Earnings before interest, income taxes, depreciation and amortization (EBITDA) verbessertesich by 2.1% to EUR 9.7 million (previous year: EUR 9.5 million).
"The benefit of selective growth opportunities and gleichzeitigeErgebnisverbesserung the group a top priority. In the power generation sector and in KF far-reaching organizational, personnel sowiekalkulatorische choices were made, which already show effects contribute undunmittelbar for earnings improvement," said Karl Michael Millauer.
The order backlog is very gratifying 31.12.2007 at EUR 228.5 million undbeinhaltet higher-margin and cash flow improvement projects. DieMarktverfassung in the processed sector is still very good, the broad thematic and regional presence of the group, the diversity of the group of existing technologies, resources and know-how carriers offers beientsprechender bundle and focus much Potenzial.Diesen positive factors are in 2008 still volatile commodity undFinanzmärkte against, in particular, a continued weak U.S. dollar dieWettbewerbsfähigkeit for providers affected for the euro zone. Zeta DieIntegration the new acquisition and the continued high demand for skilled workers Spezialistenund face challenges dar.Karl Michael Millauer: "We see in considering the identified conditions and developments for fiscal 2008 is mainly positive signs forthe CHRIST group and expect at least a doubling of EBIT in excess of EUR 300 million 2007bei revenue threshold."
Source: CHRIST WATER TECHNOLOGY AG Walter-Simmer-Straße 4 A-5310 Mondsee
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