Stinnes AG
Stinnes AG english
Provisional Figures for Stinnes AG
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Mülheim an der Ruhr/Germany, February 4, 2002
Provisional Figures for Stinnes AG
Stinnes Has Achieved Earnings Target in 2001
Despite a very difficult economic environment in the second half of the year,
the provisional figures for fiscal 2001 show that Stinnes AG has attained its
target to increase its EBIT (earnings before interest and taxes) by at least 25
percent to Euro 315 million – adjusted for the divested Building Materials
Division.
This strong performance was mainly supported by the European Land Transportation
Unit and by the Chemicals Logistics business. The successful integration of
Holland Chemical International (HCI) played a particularly important role in
achieving a profit contribution for these activities that was above the level
expected.
Based on the provisional figures currently available, the Stinnes Group in 2001
generated earnings which for the third time in a row were higher than in the
previous year.
end of ad-hoc-announcement (c)DGAP 04.02.2002
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WKN: 726430; ISIN: DE0007264301; Index: MDAX
Listed: Amtlicher Handel in Düsseldorf und Frankfurt; Freiverkehr in Berlin,
Bremen, Hamburg, München und Stuttgart
040743 Feb 02
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