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Strong results in second quarter of 2007

IPTE NV, (Euronext Brussels: IPT) has posted sales of € 66.2 million for the second quarter of 2007 compared with € 34.8 million in the same period last year. The operating profit in the 2nd quarter of 2007 quadrupled and amounted to € 3,486,000 relative to € 858,000 in the same quarter in 2006. The net profit was € 2,815,000 over the period compared with € 277,000 last year.
Sales for the first half of 2007 are € 128.6 million, which is an increase of 91 % over the sales for the first half of 2006 (€ 67.2 million). The operating profit for the first six months is € 5,549,000 compared with € 1,939,000 in 2006 (up by 186 %).  The net profit for the first half of 2007 is € 4,074,000, relative to € 805,000 during the first 6 months of 2006.
The order book at the end of the second quarter of 2007 is up to € 79.1 million, versus € 74.6 million at the end of the first quarter.

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