RAG Abwicklungs AG
Rosenthal AG: Further measures to decrease costs and secure profitability in a sustainable manner
Rosenthal AG / Restructure of Company Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Ad-hoc-Announcement according to § 15 clause 1 WpHG (Securities Trading Act) Further measures to decrease costs and secure profitability in a sustainable manner Implementing decisions already taken earlier the management board of Rosenthal AG has undertaken today further measures to decrease costs and secure profitability in the medium to long term. Thus, a further approx. 270 employment relationships will be terminated by the end of the fiscal year 2008/2009. The measures cause one-time expenditures in the amount of approx. €8 millions to occur during the current fiscal year 2007/2008; accruals will be set up accordingly. Rosenthal AG expects profit improvements due to these measures in the forthcoming fiscal year already. The management board 21.01.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Rosenthal AG Philip-Rosenthal-Platz 1 95100 Selb Deutschland Phone: +49 (0)9287-72-0 Fax: +49 (0)9287-70323 E-mail: info@rosenthal.de Internet: www.rosenthal.de ISIN: DE0007062010 WKN: 706201 Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
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