Neschen AG

euro adhoc: Neschen AG
Earnings
Neschen AG won’t achieve previous years result in 2004

--------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. --------------------------------------------------------------------- Neschen AG will not achieve its result from the previous year of EUR -2.5M due mainly to increased raw material prices and the soft market conditions in the traditionally strong fall months. The gross sales of the Group in 2004 will be approximately EUR 140M. Factoring in consolidation changes, the organic growth will be approximately 4.0%. As of October 31st the equity ratio of the Group is 19.0%. In the newly developed Business Unit "Industry", the first successful steps to improve the production utilisation have been taken. The measures introduced in the SEAL-companies to improve gross sales and yield are taking effect and will be more evident in the next financial year. The plan for 2005 is based on the positive turnover development of the current year. With the measures initiated to increase the gross margin, Neschen expects a positive pre-tax result in 2005. end of announcement euro adhoc 26.11.2004 12:53:55 --------------------------------------------------------------------- Further inquiry note: Jan Marzinowski Tel.: +49 (0) 5722 207 153 E-Mail: j.marzinowski@neschen.de Branche: Process Industries ISIN: DE0005021307 WKN: 502130 Index: General Standard, CDAX Börsen: Berliner Wertpapierbörse / free trade Hamburger Wertpapierbörse / free trade Baden-Württembergische Wertpapierbörse / free trade Börse Düsseldorf / free trade Bayerische Börse / free trade Frankfurter Wertpapierbörse / official dealing

Das könnte Sie auch interessieren: