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ElringKlinger AG Max-Eyth-Str. 2 72581 Dettingen / Erms, Germany http://www.elringklinger.de
Contact Mr Stephan Haas +49 7123 724137
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ElringKlinger AG

ElringKlinger records earnings well within positive territory and strong cash flow for first half of 2009 despite challenging automobile markets

(PresseBox) (Dettingen / Erms, )
In the first half of 2009, the severe malaise facing the international automobile markets led to a decline in consolidated sales of 23.5% to EUR 267.9 (350.2) million within the ElringKlinger Group. Despite these challenging conditions, earnings remained well within positive territory, with the Group generating EBIT of EUR 22.6 (60.4) million and net income after minority interests of EUR 10.0 (38.1) million. In the same period, net cash from operating activities totaled EUR 60.9 (42.4) million, up 43.6% on last year's figure for the first half.

Slight upturn in revenue during second quarter

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