P&T Technology AG
P&T Technology AG english
P&T TECHNOLOGY: STRONG FINANCIAL YEAR 2001
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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P&T TECHNOLOGY: STRONG FINANCIAL YEAR 2001
Hamburg/Frankfurt, 27 March 2002. In its financial statements published today,
P&T Technology AG announce a strong sales increase against the previous year
from Euro 44.0 million to Euro 191.5 million. In this period EBIT quadrupled
from Euro 2.1 million to Euro 10.4 million. Net income increased from Euro 1.4
million to Euro 6.7 million, producing earnings per share (EPS) of Euro 0.584.
For the 2002 financial year the Board of Management expects sales to double to
some Euro 400 million, with EBIT moving up to Euro 23 million.
These expectations of the Board of Management are based not only on a strong
project pipeline, but also on the extremely positive development of the
participation in the newly founded company European Energy Consult Holding AG
(EECH) in May 2001. In its first year the issuing house for renewable energies
Das placed five wind parts is its first year of operations and is thus an
important distribution channel.
The participation in Matrix Global Investments Ltd., London, is intended to
reinforce distribution of foreign projects.
2001 2000
Revenues EUR 191,5 Mio. EUR 44,0 Mio.
EBIT EUR 10,4 Mio. EUR 2,1 Mio.
Net income EUR 6,7 Mio. EUR 1,4 Mio.
Earnings per share EUR 0,584 EUR 0,153
end of ad-hoc-announcement (c)DGAP 27.03.2002
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WKN: 685 280; ISIN: DE0006852809; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München, Stuttgart
270730 Mär 02
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