UR Holding S.p.A.
UR Holding S.p.A.:
UR Holding S.p.A. / Half Year Results Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Corporate News as at 13 September 2007 • Revenues increase to EUR 25,036 thousand • EBIT of EUR 683 thousand impacted by takeover and growth investment • Scheduled operating trend on stable order margins Milan, 13 September 2007: UR Holding S.p.A. published its 2007 half-year report. In the first six months of the current fiscal year, the company increased revenues from EUR 23,574 thousand in the equivalent period of the previous year by EUR 1,462 thousand to EUR 25,036 thousand. This represents an increase of 6.2 percent. For the reporting period of the first half-year of 2007, EBIT totalled EUR 683 thousand (previous year: EUR 1,219 thousand). To the reporting date, cash and cash equivalents of the company totalled EUR 2,838 thousand after EUR 998 thousand in the previous year. In comparison to the first half year of 2006, the equity ratio moved up from 21 percent to 37 percent in the first half year of 2007. 'The development of the UR Holding is on track, with order margins stable. In the reporting period we further expanded our international market position as well as optimising internal structures. The earnings decline is due to the scheduled investments to expand business activities on the rapidly changing high-tech component market,' stated Giovanbattista Laghezza, CEO at UR Holding S.p.A. 'The satisfactory trend in the operating business was overshadowed only by costs subsequently incurred in connection with the stock exchange listing and the costs deliberately assumed in the run-up to the acquistion of Austrian-based B.E.S.T. GmbH where the development is already very positive after a short period. Currency losses also played a further role in the present result,' commented Martin Kistner, COO at UR Holding S.p.A. The half-yearly report can now be viewed at www.ur-home.com/financials/eng/reports.php The Management Board UR Holding S.p.A. About UR Holding: Founded in 1996 and listed in the Entry Standard since 2006, UR Holding is a leading European sales organization for High Tech electronic components and subassemblies for embedded system solutions. UR adds critical technology know how, embedded systems expertise and resources to help its customers to define, design and manufacture embedded system applications serving their global markets and growth strategy. Company contact: UR Holding S.p.A. Viale Edison 44 20090 Trezzano s/N (Mi.) Italy Phone : +39-02-484-0158-0 Fax: +39-02-484-0158-1 financials@ur-home.com www.ur-home.com Agency contact: GFEI mbH Hamburger Allee 26-28 60486 Frankfurt Telefon: +49-(0)-69-743-037-00 Fax: +49-(0)-69-/-743-037-22 ir-urgroup@gfei.de www.gfei.de 13.09.2007 Financial News transmitted by DGAP ----------------------------------------------------------------------
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