EANS-Adhoc: ALPINE Holding GmbH
costly financial year 2012
24.04.2013 – 08:22
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- annual result/Company Information 24.04.2013 Today, ALPINE Holding GmbH reports its preliminary results for the 2012 financial year. The preliminary results remain subject to confirmation by the general assembly; the preliminary figures have not yet been audited by the accountants. The net loss of ALPINE Group for the 2012 financial year equals EUR 449.7 million and results mainly due to unprofitable large-scale projects outside Austria. In addition, updated risk assessments had an effect on the financial results. Construction work decreased from EUR 3,621 million in 2011 to EUR 3,213 million in 2012. The decrease in construction work reflects the commencement of Alpine Group's exit from unprofitable markets abroad. The amount of losses and the reduction in construction work are both within the scope set out in the reorganization agreement with the financing partners. The issuer continues its focused implementation of the operational restructuring of ALPINE Group. The annual financial statements of ALPINE Holding GmbH for 2012 will be published as envisaged on or about 31 May 2013. Further inquiry note: Mag. Johannes Gfrerer Konzernpressesprecher ALPINE Gruppe Telefon +43 662 8582 286 johannes.gfrerer@alpine.at www.alpine.at end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: ALPINE Holding GmbH Alte Bundesstraße 10 A-5071 Wals bei Salzburg phone: +43 662 85 82 FAX: +43 1 610 79 - 275 mail: johannes.gfrerer@alpine.at WWW: www.alpine.at sector: Construction & Property ISIN: AT0000A0JDG2 indexes: stockmarkets: Regulated free trade: Wien language: English