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Abonner Westag & Getalit AG

Westag & Getalit AG

euro adhoc: Westag & Getalit AG
Earnings
Sales up 14.5% on previous year; Earnings before income tax up by 23.1%

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
13.02.2008
Despite the difficult economic situation seen in the building 
construction sector since mid-2007, sales continued to develop 
dynamically, growing by 14.5% to EUR 225.3 million in the fiscal year
2007 (previous year EUR 196.8 million).
Based on preliminary figures, earnings before income tax increased by
23.1% to EUR 16.6 million (previous year EUR 13.5 million). While the
high cost of materials had an adverse impact on earnings, this was 
offset by a reduction in production labour as a percentage of sales 
and strong fixed cost degression resulting from the increased 
performance. Net profit for the year amounted to EUR 9.6 million.
We had a good start to the current fiscal year and are optimistic 
about the further course of 2008.
All above figures are provisional and are subject to the ongoing 
audit of the financial statements. The final figures and the dividend
proposal of the Management Board and the Supervisory Board for the 
Annual General Meeting will probably be communicated in an ad-hoc 
press release on March 6, 2008.
end of announcement                               euro adhoc

Further inquiry note:

Felix Huisgen
Tel.: +49 (0)5242 17 5350
E-Mail: huisgen@westag-getalit.de

Branche: Building materials
ISIN: DE0007775207
WKN: 777520
Index: Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / regulated dealing

Plus de actualités: Westag & Getalit AG
Plus de actualités: Westag & Getalit AG