Sauer-Danfoss Inc.
Sauer-Danfoss Inc. english
SAUER-DANFOSS INC. REPORTS YEAR 2001 RESULTS
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
——————————————————————————–
SAUER-DANFOSS INC. REPORTS YEAR 2001 RESULTS
Neumünster, February 20, 2002. In the business year 2001 Sauer-Danfoss Inc., a
mobile hydraulics manufacturer listed on the SMAX and NYSE, generated net sales
of US $855.3 million. This is an increase of 9.3 percent compared to the year
2000 (US $782.5 million). Net income was US $4.7 million (2000: US $26.9
million). Despite the weak economic situation the cash provided from operations
was US $68 million in the year 2001 (2000: US $81.7 million).
Results for the fourth quarter 2001 were a loss of $ four million. Net income
for the same period in 2000 was $3.3 million. Net sales for the fourth quarter
2001 were $189 million (same period 2000: $195.9 million).
In the European market Sauer-Danfoss generated net sales of US $378,4 million
(2000: US $327,4 million) in the full year 2001. Net sales in the Americas were
US $449,3 million (2000: US $449,3 million). The Asia-Pacific market developed
well: Net sales were US $27,6 million (2000: US $5,8 million). This includes the
sales contributed from Sauer-Danfoss’ recently established Japanese joint
venture companies with Daikin Industries Ltd., as well as the sales contributed
from the distribution companies in Australia, Singapore and Japan, which were
acquired in January 2001.
Further information:
Sauer-Danfoss Inc., Investor Relations, John N. Langrick, Director of Finance
Europe, Tel.: +49 4321-871-190, Fax: +49 4321-871-121, Krokamp 35, D-24539
Neumünster, jlangrick@sauer-danfoss.com
Sauer-Danfoss Inc., Andrea Wittmann, Manager Communications,
Tel.: +49 4321-871-212, Fax: +49 4321-990-316, Krokamp 35, D-24539 Neumünster,
awittmann@sauer-danfoss.com
Hoschke & Consorten Public Relations, Grit Muschelknautz, Tel.: +49 40-369050-
41, Fax: +49 40-369050-10, Deichstr. 29, D-20459 Hamburg,
g.muschelknautz@hoschke.de
end of ad-hoc-announcement (c)DGAP 20.02.2002
——————————————————————————–
WKN: 880208; ISIN: US8041371076; Index:
Listed: Amtlicher Handel in Frankfurt (SMAX); Freiverkehr in Berlin, Düsseldorf,
Hamburg, München, Stuttgart
202358 Feb 02
Aktuelle News
Aktuelle Berichte
Keine Berichte gefunden
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden