TESSENDERLO H 1, 2010

[BIZ:Tessenderlo, August 27]
Tessenderlo Group half year 2010 results: solid gains in revenue and REBIT 2708
Revenue for the second quarter (Q2) was 21.7% higher while half year (HY) revenue grew 12.7%

REBIT rose to 28.4 million EUR in Q210 (Q209: -13.5 million EUR), while HY10 was 32.6 million EUR (HY09: -19.9 million EUR)

Profit for the period was 27.6 million EUR in Q210 (Q209: -101.4 million EUR), and 22.5 million EUR for HY10 (HY09: -107.6 million EUR)

Net financial debt at June 30 2010 totaled 168.1 million EUR1, resulting in a gearing of 19.0%

http://www.tessenderlo.com/binaries/press_release_halfyear_%20results_tcm9-10184.pdf