Phoenix AG
Phoenix AG english
Phoenix records a profit for first-half 2003
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
——————————————————————————–
At EUR 573.9 million, revenues for the first six months of the current
financial year were virtually the same as the EUR 573.7 million reported for
first-half 2002. Earnings before interest and taxes came to EUR 17.8 million,
which was the same as the comparable 2002 figure. The EBIT margin for the period
came to 3.1%, as was the case a year earlier. Phoenix ended the first half of
2003 with a profit of EUR 3.0 million following a loss of EUR 6.7 million a year
earlier.
Segmental Information:
Comfort Systems: Revenues EUR 273.5 million (+0.9 %), EBIT EUR 7.6 million (-5.0
%)
of which Comfort Systems Automotive: Revenues EUR 230.2 million (-0.2 %)
of which Comfort Systems Traffic Technology: Revenues EUR 43.3 million (+6.9
%).
Fluid Handling: Revenues EUR 164.6 million (-1.8 %), EBIT EUR 15.1 million (+9.4
%)
of which Fluid Handling Automotive: Revenues EUR 113.8 million (+5.6 %)
of which Fluid Handling Industry: Revenues EUR 50.8 million (-15.2 %).
Conveyor Belt Systems: Revenues EUR 67.3 million (-3.0 %), EBIT EUR 3.0 million
(-28.6 %).
Other Business Units: Revenues EUR 68.5 million (+4.6 %). EBIT EUR -0.4 million
Outlook:
Seven months into the current financial year, Phoenix AG continues to expect to
achieve its revenue target of EUR 1,140 million for the year 2003. The company
also expects operating EBIT for the second quarter to exceed the figure for the
comparable period a year earlier.
end of ad-hoc-announcement (c)DGAP 14.08.2003
——————————————————————————–
WKN: 603100; ISIN: DE0006031008; Index: SDAX
Listed: Amtlicher Markt in Berlin-Bremen, Düsseldorf, Frankfurt (Prime
Standard), Hamburg und München; Freiverkehr in Stuttgart
140830 Aug 03
Aktuelle News
Aktuelle Berichte
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden