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Economy and Stock Market

EANS-DD: Hypoport AG / Notification concerning transactions by persons performing managerial responsibilities pursuant to section 15a of the WpHG

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Notification concerning transactions by persons discharging managerial
responsibilities pursuant to section 15a of the WpHG, transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is responsible
for the content of this announcement.
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Details of the person subject to the disclosure requirement:
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Person, triggering the disclosure:
-----------------------------
Name: Kretschmar Familienstiftung
(Legal person, company or institution)

Reason for the disclosure requirement:
------------------------------
Reason: Legal person, company or institution closely associated
Relationship: To a person performing managerial responsibilities

Person performing managerial responsibilities, triggering the disclosure
requirement:

--------------------------------------------------------------------------------
Position: Member of an administrative or supervisory body

Details of the transaction:
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Transaction:
------------
Description of financial instrument: Shares Hypoport AG
ISIN: DE0005493365
Type of transaction: sales
Date: 17.05.2011
Currency: Euro
Price: 11.48000
No of items: 35000
Total amount traded: 401,800.00000
Place: XETRA
Explanation:

Further inquiry note:
-----------------
Ines Cumbrowski
Manager Group Legal
Telefon: +49(0)30 42086-1005
E-Mail: ines.cumbrowski@hypoport.de

Issuer subject to the publication requirement:
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end of announcement euro adhoc
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issuer: Hypoport AG
Klosterstraße 71
D-10179 Berlin
phone: +49(0)30 42086-0
FAX: +49(0)30 42086-1999
mail: ir@hypoport.de
WWW: http://www.hypoport.de
sector: Financial & Business Services
ISIN: DE0005493365
indexes: CDAX, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt
language: English

ots Originaltext: Hypoport AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:


Branche: Financial & Business Services
ISIN: DE0005493365
WKN: 549336
Index: CDAX, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard

Hypoport AG
17. Mai 2011
#290035
zur Detailseite

Economy and Stock Market

EANS-Voting Rights: BWT Aktiengesellschaft / Publication of an Announcement after art. 93 BörseG with the objective of Europe-web publication

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Notification of voting rights transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
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Release according to article 93 BörseG with the aim of a Europe-wide
distribution

Person/company obliged to make the notification:
-----------------------------------

Name: BWT AG
Place: 5310 Mondsee
State: Österreich

Disclosure pursuant to § 93 (3) Börsegesetz (Austrian Stock Exchange Act) –
Shareholder changes

WAB Privatstiftung (private trust) and FIBA Beteiligungs- und Anlage GmbH have
given us notice dated May 16th pursuant to the assignment regulations of
paragraph 92 Börsegesetz, to have surpassed the participation threshold of 25%.
Together, WAB and FIBA are holding 4,675,000 shares of BWT AG corresponding to
26.2% of the share capital. In the course of this transaction, FIBA has
surpassed the participation threshold of 5% currently holding 1,500,000 voting
rights (8.4%).

end of announcement euro adhoc
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issuer: BWT Aktiengesellschaft
Walter-Simmer-Str. 4
A-5310 Mondsee
phone: 06232/5011-0
FAX: 06232/4058
mail: office@bwt.at
WWW: www.bwt-group.com
sector: Water Supply
ISIN: AT0000737705
indexes: ATX Prime
stockmarkets: official market: Wien
language: English

ots Originaltext: BWT AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

BWT Aktiengesellschaft

Mag. Ralf Burchert

ralf.burchert@bwt-group.com

Tel.: 06232/5011-1113

Branche: Water Supply
ISIN: AT0000737705
WKN: 884042
Index: ATX Prime
Börsen: Wien / official market

BWT AG
17. Mai 2011
#290028
zur Detailseite

Economy and Stock Market

EXTORRE RECEIVES APPROVAL FOR CERRO MORO MINE DEVELOPMENT


EXTORRE RECEIVES APPROVAL FOR CERRO MORO MINE DEVELOPMENT

Vancouver, B.C., May 17, 2011 Extorre Gold Mines Limited (AMEX:XG; TSX:XG; Frankfurt: E1R, Extorre or the Company) is pleased to announce the formal approval of the Cerro Moro Environmental Impact Assessment (EIA) by the Santa Cruz provincial government. The EIA was submitted to authorities in September 2010. This approval together with the receipt of the Project Pre-Feasibility Study expected in June 2011 will enable Extorre to proceed with advanced engineering and mine development.

Eric Roth, Extorres President and CEO stated: The successful permitting of the Cerro Moro gold-silver mine represents an important milestone for Extorre, and is the first step in what we expect will be a straight-forward mine development. Cerro Moros ideal geographic location and very high grade gold-silver veins should allow Extorre to obtain near term, low cash cost gold-silver production from a relatively modest capital investment.

We would like to acknowledge the support we have received from the Santa Cruz government and local communities for the development of Cerro Moro.

With our ongoing exploration success, including the recently announced high grade gold-silver discovery at Zoe, the Company will now have an opportunity to evaluate the potential for expanding the scope and the life of the proposed mine.

Separately, Extorre is pleased to announce completion of the purchase of the 14,000 hectare Estancia (ranch) that covers the principal vein zones at the Cerro Moro Project. The purchase of the property provides Extorre with full ownership of the surface rights that cover the Escondida, Zoe, Loma Escondida, Esperanza, and Gabriela vein zones. It also covers those areas selected for the construction of the mineral processing facilities and general mine infrastructure.

About Extorre
Extorre is a Canadian public company listed on the Toronto Stock and NYSE Amex Exchanges (symbol XG). Extorres assets comprise approximately $28 million in cash, the Cerro Morro and Don Sixto projects, and other mineral exploration properties in Argentina.

On April 19, 2010, Extorre announced a National Instrument (NI) 43-101 compliant mineral resource estimate for Cerro Moro:

Indicated Category: 357,000 oz. gold + 15.3 million oz. silver (612,000 oz. gold equivalent*), plus Inferred Category: 190,000 oz. gold + 12.0 million oz. silver (390,000 oz. gold equivalent*)

The 612,000 ounce gold equivalent* indicated resource, has an average grade of 32.3 g/t gold equivalent*, a grade considered exceptional by industry standards. The silver contribution is high, accounting for over 40% of the metal value. Additional inferred resources of 390,000 ounces gold equivalent* are also reported from Cerro Moro. An updated mineral resource statement for the Cerro Moro project is expected to be completed during Q3, 2011.

Extorre released the results of a preliminary economic assessment (PEA) of the Cerro Moro Project on October 19, 2010. The PEA highlighted the robust economics of a future mine expected to produce an average of 133,500 gold equivalent* ounces annually during the first 5 years of operations. The cash cost per ounce (gold equivalent*) is estimated to be US$ 201 per ounce. Project CAPEX has been estimated at US$ 131 million (of which 21% is a VAT that is refundable after production commences). The project economics were calculated using gold and silver prices of US$ 950/ounce and US$ 16/ounce, respectively.

Four drill rigs are currently dedicated to expanding the known gold-silver mineral resources at Cerro Moro. In addition, two drill rigs are currently operating at Extorres 100% owned Cerro Puntudo project located 200 km (124 miles) west of Cerro Moro. Cerro Puntudo is immediately south of the Joaquin Silver Discovery owned by Coeur dAlene Mines and Mirasol Resources.

* Gold equivalent grade is calculated by dividing the silver assay result by 60, adding it to the gold value and assuming 100% metallurgical recovery.

Matthew Williams, Extorres Exploration Manager and a qualified person within the definition of that term in NI 43-101, Standards of Disclosure for Mineral Projects, has supervised the preparation of the technical information contained in this news release.

You are invited to visit the Extorre web site at www.extorre.com.

EXTORRE GOLD MINES LIMITED

Eric Roth
President and CEO
extorre@extorre.com

For further information, please contact:
Rob Grey, VP Corporate Communications
Tel: 604.681.9512 Fax: 604.688.9532
Toll-free: 1.888.688.9512

Suite 1660, 999 West Hastings St.
Vancouver, BC Canada V6C 2W2

Safe Harbour Statement This news release contains forward-looking information and forward-looking statements (together, the forward-looking statements) within the meaning of applicable securities laws and the United States Private Securities Litigation Reform Act of 1995, including our belief as to the extent and timing of its drilling programs, various studies including the PFS, and the Environmental Impact Assessment, and exploration results, the potential tonnage, grades and content of deposits, timing, establishment and extent of resources estimates, potential production from and viability of its properties, production costs and permitting submission and timing. These forward-looking statements are made as of the date of this news release. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the future circumstances, outcomes or results anticipated in or implied by such forward-looking statements will occur or that plans, intentions or expectations upon which the forward-looking statements are based will occur. While we have based these forward-looking statements on our expectations about future events as at the date that such statements were prepared, the statements are not a guarantee that such future events will occur and are subject to risks, uncertainties, assumptions and other factors which could cause events or outcomes to differ materially from those expressed or implied by such forward-looking statements. Such factors and assumptions include, among others, the effects of general economic conditions, the price of gold and silver, changing foreign exchange rates and actions by government authorities, uncertainties associated with legal proceedings and negotiations and misjudgments in the course of preparing forward-looking information. In addition, there are known and unknown risk factors which could cause our actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Known risk factors include risks associated with project development; the need for additional financing; operational risks associated with mining and mineral processing; fluctuations in metal prices; title matters; uncertainties and risks related to carrying on business in foreign countries; environmental liability claims and insurance; reliance on key personnel; the potential for conflicts of interest among certain of our officers, directors or promoters of with certain other projects; the absence of dividends; currency fluctuations; competition; dilution; the volatility of the our common share price and volume; tax consequences to U.S. investors; and other risks and uncertainties, including those relating to the Cerro Moro project and general risks associated with the mineral exploration and development industry described in our financial statements and MD&A for the fiscal period ended December 31, 2010 filed with the Canadian Securities Administrators and available at www.sedar.com. Although we have attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. We are under no obligation to update or alter any forward-looking statements except as required under applicable securities laws.

Cautionary Note to United States Investors - The information contained herein and incorporated by reference herein has been prepared in accordance with the requirements of Canadian securities laws, which differ from the requirements of United States securities laws. In particular, the term resource does not equate to the term reserve. The Securities Exchange Commissions (the SEC) disclosure standards normally do not permit the inclusion of information concerning measured mineral resources, indicated mineral resources or inferred mineral resources or other descriptions of the amount of mineralization in mineral deposits that do not constitute reserves by SEC standards, unless such information is required to be disclosed by the law of the Companys jurisdiction of incorporation or of a jurisdiction in which its securities are traded. U.S. investors should also understand that inferred mineral resources have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. Disclosure of contained ounces is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute reserves by SEC standards as in place tonnage and grade without reference to unit measures.

NEITHER THE TSX NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE

irw-press
17. Mai 2011
#289680
zur Detailseite

Economy and Stock Market

EANS-Voting Rights: Klöckner & Co SE / Release according to article 26, section 1 WpHG (Securities Trading Act) with the aim of Europe-wide distribution

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Notification of voting rights transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
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Announcement according to Article 21, Section 1 of the WpHG (share)

Pursuant to section 21 para. 1 Securities Trading Act (WpHG), Klöckner & Co SE,
Am Silberpalais 1, D 47057 Duisburg, has been notified as follows:

1. Norges Bank (Central Bank of Norway) has - after an increase in shares lent
out - fallen below the threshold of 5% of the voting rights in Klöckner & Co SE
on 12 May 2011. The voting rights held by Norges Bank amounted to 4.09% on this
date, corresponding to 2,719,763 voting rights.

2. The State of Norway has - after an increase in shares lent out by Norges Bank
- fallen below the threshold of 5% of the voting rights in Klöckner & Co SE on
12 May 2011. The voting rights amounted to 4.09% on this date, corresponding to
2,719,763 voting rights. Norges Bank is controlled by the State of Norway, and
voting rights held by Norges Bank are attributed to the State of Norway pursuant
to section 22 para. 1 sentence 1 no. 1 WpHG.

end of announcement euro adhoc
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issuer: Klöckner & Co SE
Am Silberpalais 1
D-47057 Duisburg
phone: +49(0)203-307-0
FAX: +49(0)203-307-5000
mail: info@kloeckner.de
WWW: http://www.kloeckner.de
sector: Metal Goods & Engineering
ISIN: DE000KC01000
indexes: CDAX, Classic All Share, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, München
language: English

ots Originaltext: Klöckner & Co SE
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Moritz Fischer

Tel: +49(0) 203 307 2116

E-Mail: moritz.fischer@kloeckner.de

Branche: Metal Goods & Engineering
ISIN: DE000KC01000
WKN: KC0100
Index: CDAX, Classic All Share, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade

Klöckner & Co SE
17. Mai 2011
#289479
zur Detailseite

Economy and Stock Market

EANS-News: Oxea GmbH / Oxea Sarl reports strong first quarter results

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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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quarterly report

Luxembourg (euro adhoc) - First quarter highlights: * Net sales were
EUR377.0 million, up 30% from the prior year period * Operating
Result was EUR57.2 million versus EUR27.2 million in the prior year
period * Net Income was EUR30.0 million versus EUR13.0 million in the
prior year period * Adjusted EBITDA was EUR65.7 million versus
EUR36.7 million in the prior year period

Oxea Sarl, a leading global supplier of Oxo Intermediates and Oxo
Derivatives, today announced first quarter net sales of EUR377.0
million, a 30% increase compared with the corresponding period the
prior year. Oxea´s continued strong performance in the first quarter
of 2011 further underlines the robustness of the business model.
Continued recovery in the US and European regions coupled with strong
demand from Asia again contributed to another set of excellent
results. The operating result more than doubled to EUR57.2 million
compared with EUR27.2 million in the corresponding period of the
prior year and operating margins increased to 15.2% compared with
9.4% in the prior year period. EBITDA margins increased substantially
to 17%. Q1 2011 Adjusted EBITDA at EUR65.7 million reflects an
excellent performance for Oxea and underlines the continued strong
relationships with customers and the valuable contribution of Oxea´s
employees to the success of the business. After the refinancing in
July 2010, net debt has been reduced to approximately 1.9x EBITDA on
an LTM basis.

Three months ended
In EUR million March 31,
Unaudited 2011 2010
---------------------------------------
Net Sales 377.0 289.3
Gross Profit 68.1 34.0
SG&A (10.3) (7.6)
R&D (1.5) (1.5)
Other operating
income/(expense) 0.9 2.3
Operating Result 57.2 27.2
Net Income 30.0 13.0

---------------------------------------
Adjusted EBITDA 65.7 36.7

Sales Sales for the three months ended March 31, 2011 were EUR377.0
million, a 30% increase compared with the corresponding period of the
prior year. The increase was driven by an increase of 5% in total
volumes, improved product mix and the pass through of higher raw
material costs to customers. The volume increase was particularly
strong in our Oxo Derivatives segment, where volumes were some 11%
higher than in the prior year period. Volumes in the Intermediates
segment were some 3% higher than in the prior year period. EUR 200.0
million of our revenues for the three months ended March 31, 2011,
resulted from sales in Europe, EUR107.4 million in NAFTA and EUR69.6
million in the rest of the world compared to EUR143.7 million,
EUR80.0 million and EUR65.6 million respectively in the prior year
period.

Gross profit Gross profit for the three months ended March 31, 2011
doubled to EUR68.1 million compared with EUR34.0 million in the
corresponding period of the prior year. The increase of EUR34.1
million was attributable to higher volumes in both Oxo Intermediates
and Derivatives segments and improved margins which more than offset
the increase in raw materials and manufacturing fixed costs such that
gross profit increased to 18.1% of sales compared with 11.8% in the
corresponding period of the prior year.

Selling general & administration expense (SG&A) SG&A expense for the
three months ended March 31, 2011 increased to EUR10.3 million
compared with EUR7.6 million in the corresponding period of the prior
year. The increase is primarily attributable to increased selling
costs associated with higher volumes, and higher personnel costs
including salary increases and accruals for employee bonuses.

Other operating income/(expense) Net other operating income for the
three months ended March 31, 2011 amounted to EUR0.9 million compared
with EUR2.3 million in the corresponding period of the prior year.
The decrease is primarily attributable to net foreign exchange losses
compared with net foreign exchange gains in the corresponding period
of the prior year.

Operating result Operating result for the three months ended March
31, 2011 was EUR57.2 million compared with EUR27.2 million in the
corresponding period of the prior year period as a result of
increased volumes and improved operating margins partly offset by
higher SG&A expense other lower other operating income.

Net Income Net income for the three months ended March 31, 2011 was
EUR30.0 million compared with EUR13.0 million in the corresponding
period of the prior year as a result of the improvement in margins
and higher sale volumes with a corresponding increase in operating
profit partly offset by higher interest expense arising from the
refinancing in July 2010 and higher income taxes.

Adjusted EBITDA EBITDA margins increased to 17%. Adjusted EBITDA was
some EUR65.7 million compared with EUR36.7 million in the
corresponding period of the prior year driven by the improved volumes
and improved operating margins.

Cash Flow The company continued to generate positive free cash flow.
In the first quarter of 2011 Oxea generated EUR20.0 million in cash
from operating activities compared with a utilization of EUR8.6
million in the corresponding period of the prior year as a result of
increased earnings and improved working capital which were partly
offset by higher cash taxes. Cash used in investing activities was
EUR5.6 million compared with EUR4.0 million in the corresponding
period of the prior year driven by an increased capital expenditure.
Cash used in financing activities was EUR23.9 million compared with
EUR2.2 million in the corresponding period of the prior year as a
result of the semi annual payment of interest on the Senior Secured
Notes issued in July 2010.

Oxea is a global manufacturer of Oxo intermediates and derivatives
such as alcohols, polyols, carboxylic acids, specialty esters and
amines. These products are sold in the merchant market (where sales
are to third party customers) and used for the production of
high-quality coatings, lubricants, cosmetics and pharmaceutical
products, flavorings and fragrances, printing inks and plastics. In
the 12 months ending December 2010, Oxea generated revenue of about
EUR1.4 billion with approximately 1,330 employees in Europe, the
Americas and Asia.

Forward looking statements * This document contains financial
information regarding the businesses and assets of OXEA S.à r.l. (the
"Company") and its consolidated subsidiaries (the "Group"). Such
financial information has not been audited, reviewed or verified by
any independent accounting firm. The inclusion of such financial
information in this document or any related presentation should not
be regarded as a representation or warranty by the Company, any of
its respective affiliates, advisors or representatives or any other
person as to the accuracy or completeness of such information´s
portrayal of the financial condition or results of operations by the
Group. * This document may contain information, data and predictions
about our markets and our competitive position. While we believe this
data to be reliable, it has not been independently verified, and we
make no representation or warranty as to the accuracy or completeness
of such information set forth in this document. Additionally,
industry publications and reports from which such information, data
or predictions may be obtained generally state that the information
contained therein has been obtained from sources believed to be
reliable but that the accuracy and completeness of such information
is not guaranteed and in some instances state that they do not assume
liability for such information. We cannot therefore assure you of the
accuracy and completeness of such information and we have not
independently verified such information. In addition, we have made
statements in this document regarding our industry and position in
the industry based on our experience and our own investigation of
market conditions. We cannot assure you that the assumptions
underlying these statements are accurate or correctly reflect the
state and development of, or our position in, the industry, and none
of our internal surveys or information has been verified by any
independent sources. * Certain statements in this document are
forward-looking. By their nature, forward-looking statements involve
known and unknown risks and uncertainties because they relate to
events and depend on circumstances that may or may not occur in the
future. Forward-looking statements are not guarantees of future
performance. These factors include, among others: the cyclical and
highly variable nature of our business and its sensitivity to changes
in supply and demand; adverse and uncertain global economic
conditions; the highly variable nature of raw materials costs and any
loss of key suppliers or supply shortages or disruptions; the
competitive nature of our industry; the ability to comply with
current or future laws and regulations relating to environmental,
health and safety matters as well as the safety of our products,
related costs of maintaining compliance and addressing liabilities as
well as risks relating to compliance with antitrust and tax laws; our
reliance on a limited number of suppliers for certain of our key raw
materials; operational risks, including the risk of environmental
contamination and potential product liability claims; operational
interruptions at our facilities due to events that are outside of our
control such as severe weather conditions, unscheduled downtimes,
terrorist attacks, natural disasters or other events that may
interrupt or damage our operations or the impact of scheduled outages
on our results of operations; the risk that our insurance coverage
may not be sufficient to cover all risks; risks relating to the
global nature of our operations, including, among others,
fluctuations in exchange rates; the loss of major customers or key
customers for certain of our products; the loss of key personnel;
risks relating to acquisitions and dispositions, including any
impairment risks with respect to historical acquisitions, our ability
to successfully integrate acquired businesses, and unexpected
liabilities relating to such acquisitions or contingent liabilities
in connection with such dispositions; the requirement to make further
contributions to our pension schemes; the failure to protect our
intellectual property rights; limitations on our ability to adjust
the quality of certain products that we manufacture; and potential
conflicts of interests with our principal shareholder. * These and
other factors could adversely affect the outcome and financial
effects of the plans and events described herein. Forward-looking
statements contained in this document regarding past trends or
activities should not be taken as a representation that such trends
or activities will continue in the future. New risks can emerge from
time to time, and it is not possible for us to predict all such
risks, nor can we assess the impact of all such risks on our business
or the extent to which any risks, or combination of risks and other
factors, may cause actual results to differ materially from those
contained in any forward-looking statements. Neither the Company nor
the Group undertakes any obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise. You should not place undue reliance on
forward-looking statements, which speak only as of the date of this
document.

Use of non IFRS financial information: * EBITDA is defined as net
income for the year before financial result, income taxes,
depreciation and amortization. EBITDA, is a supplemental measure of
our performance and liquidity that is not required by or presented in
accordance with IFRS. EBITDA is not a measurement of our financial
performance or liquidity under IFRS and should not be considered as
an alternative to profit for the period presented, results from
operating activities or any other performance measures derived in
accordance with IFRS or as an alternative to cash flow from operating
activities as a measure of our liquidity. We believe EBITDA
facilitates operating performance comparisons from period to period
and company to company by eliminating potential differences caused by
variations in capital structures (affecting interest expense), tax
positions (such as the impact on periods or companies of change in
effective tax rates or net operating losses) and the age and book
value and amortization of tangible and intangible assets (which have
an effect on related depreciation expense). We also present EBITDA
because we believe it is frequently used by securities analysts,
investors and other interested parties in the evaluation of similar
issuers, the majority of which present EBITDA when reporting their
results. Finally, we present EBITDA as a measure of our ability to
service our debt. * Adjusted EBITDA is defined as EBITDA adjusted to
remove the effects of certain non-cash and non-recurring expenses and
charges. Adjusted EBITDA is a supplemental measure of our performance
and liquidity that is not required by or presented in accordance with
IFRS. Adjusted EBITDA is not a measurement of our financial
performance or liquidity under IFRS and should not be considered as
an alternative to profit for the period presented, results from
operating activities or any other performance measures derived in
accordance with IFRS or as an alternative to cash flow from operating
activities as a measure of our liquidity. We believe Adjusted EBITDA
facilitates operating performance comparisons from period to period
and company to company by eliminating certain non-recurring expenses
and charges. We also present Adjusted EBITDA because we believe it is
frequently used by securities analysts, investors and other
interested parties in the evaluation of similar issuers. Finally, we
present Adjusted EBITDA as a measure of our ability to service our
debt.

end of announcement euro adhoc
--------------------------------------------------------------------------------

company: Oxea GmbH
Otto-Roelen-Straße 3
D-46147 Oberhausen
phone: +49(0)208 693 3112
FAX: +49(0)208 693 3101
mail: birgit.reichel@oxea-chemicals.com
WWW: http://www.oxea-chemicals.com
sector: Chemicals
ISIN: XS0523636594
indexes:
stockmarkets: Open Market: Frankfurt
language: English

ots Originaltext: Oxea GmbH
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Neil Robertson

Managing Director (Finance, IT)

neil.robertson@oxea-chemicals.com



Birgit Reichel

Global Communications

birgit.reichel@oxea-chemicals.com

Branche: Chemicals
ISIN: XS0523636594
WKN: A1AY4T
Börsen: Frankfurt / Open Market

Oxea GmbH
17. Mai 2011
#289480
zur Detailseite

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