Stinnes AG
*vwd Ad-hoc-Service: Stinnes AG english
Ad hoc announcement transmitted by DGAP.
The issuer has the sole responsibility of this announcement.
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Stinnes Reports Record Performance for Fiscal 2000
Mülheim. In fiscal 2000, the consolidated sales of Stinnes AG increased by 2.3
percent to Euro 12 billion. When adjusted for the divested building materials
activities, external sales grew by 16.3 percent to Euro 11 billion, mainly due
to the strong performance of the company’s Chemicals Division and its Air and
Sea Freight Unit.
Earnings before Interest and Taxes increased by 4.3 percent to Euro 262.3
million; when adjusted for the divested Building Materials Division, EBIT
increased by 22.6 percent to Euro 251.9 million. The internal operating profit
rose by 11.9 percent from Euro 180.4 million to Euro 201.8 million. When
adjusted for the building materials activities, the consolidated internal
operating profit amounted to Euro 201.5 million, which is 31.9 percent higher
than the comparable profit for the previous year.
Relative to the previous year, consolidated earnings before taxes increased by
40.8 percent to Euro 231.9 million. For the second time in a row, Stinnes thus
reached a record level in the company’s history.
Consolidated Net Income after Taxes and Minority Interests increased by 53.9
percent to Euro 150.6 million. Earnings per share amount to Euro 1.98, relative
to Euro 1.29 in the previous year. At this year’s Annual Stockholders’ Meeting
on June 13, the Stinnes management will propose the distribution of a dividend
of Euro 0.60 per share, which is Euro 0.10 higher than in the previous year.
end of ad hoc announcement, (c) DGAP 22.03.2001
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WKN: 726430; Index: MDAX
Listed: Amtlicher Handel in Düsseldorf und Frankfurt; Freiverkehr in Berlin,
Bremen, Hamburg, München und Stuttgart
220748 Mär 01
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