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S&B Industrial Minerals Financial Results for the First Quarter 2011 (IFRS)


May 6, 2011 - ATHENS, GREECE

S&B announces (S&B) (ATHEX: ARBA), First Quarter 2011 Financial Results.

FIRST QUARTER 2011 HIGHLIGHTS

  • Sales increased 17% compared to the first quarter of 2010
  • Strong demand momentum from most segments and continued improvement of profit margins
  • EBITDA and operating profit increased by 25% and 26% respectively
  • Pre-tax profit increased 20%; net profit increase offset by higher taxes
  • Cancellation of treasury shares and capital return of EUR 0.25 per share

S&B Industrial Minerals First Quarter 2011 Financial Results (IFRS) Press Release:
(Please click on the link below to view full press release)

http://www.s.andb.gr/en/files/2011-05-06_1304664651.pdf

About S&B Industrial Minerals
S&B Industrial Minerals is an international Group of companies, its purpose being to provide innovative industrial solutions by developing and transforming natural resources into value creating products. Utilizing the multiple properties of industrial minerals, S&B offers a portfolio of customized solutions for a broad range of applications (including foundry, steel-making, construction & building materials, metallurgy and horticulture), operating responsibly and adhering to the sustainable development principles of the triangle: economy -- society -- environment. It holds leading positions in its main sectors (bentonite, perlite, bauxite and casting fluxes). S&B was established in Greece in 1934, is listed on the Athens Exchange (ticker: ARBA), is active in 20 countries across five continents, in 2010 it had a Group turnover of EUR 420 million, and employs approximately 2,000 people worldwide. For more information, please visit S&B's website at www.sandb.com

Note Regarding Forward-Looking Statements
This document may contain forward-looking statements about S&B, including statements reflecting management's current view relating to future market conditions, future events and expected operational and financial performance. Forward-looking statements may be found throughout this document. Although we believe that the expectations reflected in these forward-looking statements are reasonable, we cannot assure you that these expectations will materialize. Because forward-looking statements are based on assumptions and estimates, and are subject to risks and uncertainties, actual results could differ materially from those described or implied herein. S&B does not undertake any obligation to publicly update or revise any forward-looking statements included in this document, whether as a result of new information, future events or otherwise, except as required by applicable law or stock exchange regulation.

Contacts:
S&B Industrial Minerals S.A.
Haris Kotsokolos
Investor Relations Manager
Tel: +30 210 6296157
Email: h.kotsokolos@sandb.com

European financial media contact
Financial Dynamics London
Greg Quine
Tel: +44 20 7269 7206
Email: greg.quine@fd.com

US financial media contact
Capital Link New York
Nicolas Bornozis
Tel: +1 212 661 7566
Email: sandb@capitallink.com

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