Armstrong DLW AG
Armstrong DLW AG
Ad hoc announcement §15 WpHG
Armstrong DLW AG
Ad hoc announcement processed and transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Bietigheim-Bissingen, Germany – Armstrong DLW AG closed the fiscal year
2004 according to HGB with a net loss of 14,6 mill. EUR (previous year 25,4
mill. EUR) and with a net loss of 22,9 mill. EUR (previous year 35,8 mill.
EUR) for Armstrong DLW Group. Armstrong DLW AG generated revenue of 156,3
mill. EUR in 2004 (previous year 149,4 mill. EUR) and Armstrong DLW Group
368,1 mill. EUR (previous year 382,9 mill. EUR). 2004 net losses at Armstrong
DLW AG and Armstrong DLW Group were due to slow growth in commercial
construction markets, with resulting pressure on margins.
During 2004, Armstrong DLW invested in new products and sales activities.
Further Investment, cost reduction and efficiency projects win continue to
be implemented in 2005 In order to significantly improve competitiveness.
The majority shareholder is providing continued support to Armstrong DLW
Group during this period of Investment.
Additionally, Armstrong DLW AG announces that CFO Frank Auer left the company
effective 31.March, 2005. Chairman of the Management Board David M. Randich
provisionally takes over Frank Auers’ field of responsibility, and will be
temporarily supported by a chief representative, T. Diepenbruck, who is
responsible for all finance aspects of the Armstrong DLW Croup.
Date: 25. April 2005
Time: 16.00 p.m.
David M. Randich
Chairman of the Management Board
Armstrong DLW AG
Armstrong DLW AG
Stuttgarter Straße 75
74321 Bietigheim-Bissingen
Deutschland
ISIN: DE0005518005
WKN: 551800
Listed: Amtlicher Markt in Berlin-Bremen, Düsseldorf, Frankfurt (General
Standard), Hamburg, Hannover, München und Stuttgart
End of ad hoc announcement (c)DGAP 25.04.2005
251709 Apr 05
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