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2007-02-19 07:25:30 CET 2007-02-19 07:25:30 CET REGULATED INFORMATION Evox Rifa Group - Company AnnouncementPRELIMINARY INFORMATION ON EVOX RIFA GROUP OYJ'S 2006 ANNUAL RESULTAccording to the preliminary financial results, the Evox Rifa Group full year sales grew 12% from previous year to EUR 89.8 million in 2006 (79.9 in 2005). The full year operating profit was according to a preliminary estimate EUR 1.9 million (operating loss of 7.5 million). The full year 2006 operating profit includes EUR 0.9 million of extraordinary expenses related to reorganisation activities, and extraordinary income of EUR 1.2 million from the disposal of real estates in Sweden and United Kingdom. The net loss of the year 2006 was EUR 0.9 million (net loss 9.2 million), and the equity ratio 12.9% (13.9%). If the convertible loan is included in the equity, the equity ratio was 23.3% (23.3%). Evox Rifa Group's business of producing and marketing capacitors includes two product groups. The product area electrolytic capacitors achieved in 2006 an operating profit of EUR 3.0 million (operating profit of 1.2 million) and the product area Film & Paper capacitors achieved in 2006 an operating loss of 1.4 million (operating loss of 3.2 million). The Film and Paper product area result is burdened by production ramp-up costs in the Finnish plant. The product group results exclude extraordinary items. The preliminary data is unaudited and is not based on financial statements approved by the Board of Directors. Evox Rifa Group Oyj will publish a release on the 2006 financial statements on 27 February, 2007. EVOX RIFA GROUP OYJ Tuula Ylhäinen President & CEO Further information from Tuula Ylhäinen, tel: +358 9 5406 5001 Distribution: Helsinki Stock Exchange, main media |
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