BBAG Österreichische Brau-Beteiligungs AG
BBAG Österr. Brau-Bet. AG english
BBAG press conference
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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BBAG press conference
The majority of brewery plants acquired in 2000 was first-time consolidated last
year. Due to those results BBAG reached a double-digit growth in volume and
sales figures. Sales of Euro 1,092m surpassed the Euro 1 billion threshold
(+16.5%). Every unit (in the mineral water segment with regard to Gasteiner
only) contributed to that growth. The non-alcoholic beverage sales volume totals
14.9 million hectoliters (+19.3%). The number of employees fell by 11.2% to
8,193 with regard to last years balance sheet.Over the last couple of years,
BBAGs business and size has significantly increased. During the last six years,
sales volume rose by roughly 57%, whereas the sales grew by 49%. In future, we
expect a sales growth exceeding volume increase.
In the beer division, the sales volume rose by 24.3% to 12.9m hl. The volume
sold outside Austria rose by 48.5%. Sales of Euro 954m meant an increase of
19.8%. The non-alcoholic beverages sales volume fell by roughly 5% to 2m hl, and
sales by 1.5% to Euro 124m. This division recouped after a difficult first half
year. The real estate division reached sales of Euro 14m, which equals a rise
of 9%.
EBIT will exceed last years figures significantly. EBT will by more affected by
the interest cost for the 2000 acquisitions, but should also exceed last years
figures.
end of ad-hoc-announcement (c)DGAP 01.02.2002
Issuer’s information/explanatory remarks concerning this ad-hoc-announcement:
This year, we will continue to add value to the group by strengthening our
brands and securing their market positioning, by using synergies and by ensuring
the profitability of the respective business units. In the beer business, we
continue to shape the international beer industry consolidation process. In the
non-alcoholic beverage business, we are focusing on our Pago and Gasteiner
brands, and in our real estate business we continue to develop our property
holdings. At the same time, we continue to integrate the respective subsidiaries
into a clear and simple organizational structure. We expect to see the initial
results in the first half of 2002.
The underlying figures mainly focus on sales and volume figures, which are based
on the preliminary results as of December 31. After the financial statements
have been audited, precise figures and in particular financial results will be
made available at the annual press conference on May 10, 2002.
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WKN: 091099; ISIN: AT0000910997; Index:
Listed: Amtlicher Handel in Wien
010730 Feb 02
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