Corporate News 2009
March 10, 2009Ad hoc: technotrans with operating profit in spite of revenue decline
Revenue for the technotrans group fell to € 141.7 million (previous year € 153.2 million) for the financial year 2008. The targets, which had been revised in view of the economic situation already after the first half of 2008 to € 140 to 145 million, were therefore achieved.
February 17, 2009technotrans AG to introduce short-time at Sassenberg
The Board of Management of technotrans AG has agreed with the Works Council to introduce short‑time (4-day week), initially for a period of six months, from March 1, 2009 in addition to the measures already implemented.
February 10, 2009technotrans with operating profit in spite of revenue decline
revenue down € 11.5 million or 7.5 percent / EBIT € 7.5 million before impairment / net income € -2.9 million / dividend to be omitted / further decline in revenue expected for 2009 / focus on profitability
These press releases contain forward-looking statements which are based on assumptions and estimations by the management board of technotrans AG. Even though the management board is of the opinion, that those assumptions and estimations are realistic the future development and the projected results may deviate substantially from the forward-looking statements. Those deviations can be due to several factors including but not limited to changes in the macro-economic situation, in the exchange rates, in the interest rates and in the graphic arts industry. technotrans AG gives no warranty and does not assume the liability for any damages in case the future development and the projected results do not correspond with the forward looking statements.