SCHNEIDER Technologie AG
Ad hoc-Service: Schneider Technologies english
Ad hoc announcement processed and transmitted by DGAP.
The issuer has the sole responsibility of this announcement.
——————————————————————————–
Türkheim 28.03.01 – SCHNEIDER Technologies AG today has announced consolidated
accounts 2000 – Sales increase by 50% and again reduction of deficits by half
Headed by the Holding-Company SCHNEIDER Technologies AG SCHNEIDER today is an
established supplier for consumer electronics products (SCHNEIDER Electronics
AG) as well as exclusive provider of the unique Laser Display Technology
(SCHNEIDER Laser Technologies AG). After difficult years the new SCHNEIDER-
Management in 2000 again succeded – as in 1999 – in reducing the annual deficit
by 50% to 9,7 million Marks. Even a higher improvement shows the EBIT (earnings
before interest and tax), versus 1999 SCHNEIDER achieved a reduction by nearly
80% to -3,5 million Marks in 2000.
Significantly increased in 2000 has SCHNElDER’s turnover: more than 52% to 439,7
million Marks. By targeted expansion into international markets SCHNEIDER’S
foreign business shows a growth of 123% versus the previous year to 208,6
million Marks in 2000, which rises the export share to 47,7%. In 1999 the
negative Cash-Flow including capitalized costs still amounted to – 16,8 million
Marks, in 2000 it turned positive to 4.2 million Marks (+125%). The equity ratio
also advanced from 40,5% in 1999 to 51,5% in 2000. Considering this continuous
improvement, new innovative consumer-electronic-products as well as the delivery
of High-Tech Laser-Projectors for the professional market the executive board
is confidant to continue the positive trend in the year 2001.
Board of Directors
Contact:
SCHNEIDER Technologies AG
Ralf Adam
Member of the Executive Board
Tel: 0049-824551 150
Fax: 0049-824551 162
E-Mail: r.adam@schneider-ag.de
end of ad hoc announcement, (c) DGAP 28.03.2001
——————————————————————————–
WKN: 719340 ; Index:
Listed: Amtlicher Handel in Frankfurt, München; Freiverkehr in Berlin
Düsseldorf, Hamburg, Stuttgart
280830 Mär 01
Latest News
Latest Reports
No Reports found
Upcoming Events
No Events found
Webcasts
No Webcasts found