St. Marien / August 29, 2012 - HTI High Tech Industries AG, currently listed at the prime market of the Vienna Stock Exchange ('HTI') for the second quarter 2012 reports on a substantially better business development than for the first quarter 2012. Hence, revenues increased by 10.1% to EUR 51.3 million during the second quarter 2012 (after EUR 46.6 million for the first three months 2012). Also the operative earnings before interest, tax, depreciation and amortization (EBITDA) increased in quarter comparison 2012 from EUR 0.1 million to EUR 2.2 million; the EBIT improved from EUR -2.7 million of the first quarter 2012 to EUR -0.6 million during the second quarter 2012.

Due to a weakening economy in the course of the first half-year 2012 HTI was faced with a slowdown of business in comparison to the first half-year 2011. Compared to last year, HTI's revenues decreased during the first half year 2012 by 7.6% from EUR 105.2 million of the first half-year 2011 to EUR 97.8 million. The operative earnings before interest, tax, depreciation and amortization (EBITDA) were EUR 2.4 million (after EUR 9.2 million of the first half-year 2011). The operative earnings before interest and tax (EBIT) decreased in half-year comparison from EUR 4.1 million to EUR -3.2 million.

Considering the current market environment and based on the pending order situation HTI expects revenues at least on last year's level and positive operative earnings for the whole year 2012. On strategic level the HTI Group focuses on the Group's further development towards becoming a diversified, integrated technological Group. "Considering the current global development, the diversification of risks and the identification of synergies gain increasing importance. Therefore diversification and integration are powerful tools for boosting our earning power and our company value effectively and on a long-term basis", comments HTI CEO Peter Glatzmeier on the strategic outlook. Beyond that, HTI also strives for even better market penetration via strategic partnerships and cooperation partners.

As of September 2012 HTI will be listed at the Mid Market Auction segment of the Vienna Stock Exchange. The Mid Market Auction is the proper market segment for the company in order to harmonize listing, trading and administrative efforts towards achieving an appropriate cost-benefit ratio and to comply to the rightful demands of the shareholders in regards to transparency. 

1-6/2012 1-6/2011
Revenues MEUR 97.8 105.2
Operative earnings before interest, tax, depreciation and amortization (EBITDA) MEUR 2.4 9.2
Operative earnings before interest and tax (EBIT) MEUR -3.2 4.1
Earnings before tax (EBT) MEUR -6.4  1.9
Net result after tax MEUR  -6.4 2.2
Earnings per share EUR -0.14 0.08


Indicative announcement for financial reports:
HTI High Tech Industries AG announces that the half-yearly financial report 2012 was published and is available for download under http://www.hti-ag.at/en/investor-relations/publications/
financial-reports/. 

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