Berenberg Bank starts coverage of Bene AG.

Buy recommendation and target price of 6.50 euro.

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Waidhofen/Ybbs (euro adhoc) - Vienna / Waidhofen/Ybbs, November 26, 2007.  With its research report published on November 22, 2007, the Berenberg Bank starts the regular analysis of the Bene AG. In their latest study, the analysts of Germany´s oldest private bank classify the Bene shares as "buy" and currently, due to the company´s technological development and its extensive know-how, they see a target price of 6.50 euro for the shares of the internationally operating specialist for office and working environments.

After Raiffeisen Centrobank, Unicredit and Bank Sal. Oppenheim, the Berenberg Bank is the fourth renowned financial institution, which regularly analyses the Bene AG.

About Bene. Bene is convinced that there is a clear connection between the design of office and working environments, company culture and the success of a company. Bene´s concepts, products and services put this philosophy into reality. Development, design and production as well as consulting and sales are covered under one roof. With 76 sites in 30 countries and 1.446 employees worldwide, Bene offers its customers regional access to all of its services. In the business year 2006/07, consolidated sales of the Bene Group amounted to EUR 198.6 million. In the first half-year of the business year 2007/08, the Bene Group generated sales of EUR 115.1 million. Bene is market leader in Austria and number six in Europe.

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ots Originaltext: BENE AG
Im Internet recherchierbar:

Further inquiry note:
Mag. Gerald Strohmaier, MBA
Head of Finance & Investor Relations
A-3340 Waidhofen/Ybbs
Schwarzwiesenstraße 3
Phone +43-7442-500-3372  
Fax +43-7442-500-993372

Branche: Furnishings & Furniture
ISIN:      AT00000BENE6
Index:    ATX Prime
Börsen:  Wiener Börse AG / official market

Weitere Meldungen: BENE AG

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