Ad-hoc | 28 March 2006 18:03
IWKA AG: 2005 year-end result, No dividend to be paid, New Executive Board members appointed, Supervisory Board changes
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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IWKA Aktiengesellschaft
Gartenstrasse 71, 76135 Karlsruhe
– ISIN DE0006204407-
Listed on the following German stock exchanges:
Frankfurt, Berlin, Düsseldorf,
Hamburg, Hanover, Munich,
Stuttgart
Market segment: Prime Standard
Ad hoc disclosure in accordance with section 15 of the WpHG
(Wertpapierhandelsgesetz – German Securities Trading Act)
2005 year-end result
No dividend to be paid
New Executive Board members appointed
Supervisory Board changes
1. 2005 year-end result
As announced in the ad-hoc disclosure dated December 29, 2005, book losses
resulting from the IWKA Group’s discontinued operations, the
Ex-Cell-O Group’s operating loss and one-time charges in continuing
operations weighed heavily on the 2005 year-end result and led to a
substantial loss. For the 2005 financial year, IWKA Aktiengesellschaft
reports a shortfall of EUR 191.4 million and the IWKA Group a shortfall of
EUR 147.5 million.
2. No dividend to be paid
Since IWKA Aktiengesellschaft’s year-end result is negative, there will be
no dividend payment for the 2005 financial year.
3. New Executive Board members appointed
In a meeting on March 28, 2006, the Supervisory Board appointed Mr. Gerhard
Wiedemann, Chairman of the board of directors of KUKA Schweissanlagen GmbH,
and Mr. Bernd Liepert, Chairman of the board of directors of KUKA Roboter
GmbH, as full members of the Executive Board of IWKA Aktiengesellschaft,
effective April 1, 2006, in order to integrate the operational management
of the IWKA Group’s divisions more tightly into IWKA Aktiengesellschaft.
The Executive Board will therefore be comprised of the following persons as
of April 1, 2006.
– Mr. Wolfgang-Dietrich Hein: CEO; strategic corporate development,
investor relations, press relations, group senior management and
legal affairs, labor director
– Mr. Dr. Jürgen Koch: Finance and controlling
– Mr. Gerhard Wiedemann: Automotive division
– Mr. Bernd Liepert: Robotics division
– Mr. Dieter Schäfer: Packaging division
4. Supervisory Board changes
The Supervisory Board agreed to the Executive Board’s proposal regarding
the restructuring of the IWKA Group in its meeting of March 28, 2006. In
order to avoid future conflicts of interest, Dr. Herbert Demel submitted
his resignation as a member of the Supervisory Board effective the end of
the Annual General Meeting to be held on June 1, 2006. The Supervisory
Board shareholder representatives propose Prof. Dr.-Ing. Gerd Hirzinger,
Director of the DLR Institute for Robotics und Mechatronics in Seefeld, to
be elected as Dr. Demel’s successor by the company’s Annual General Meeting
on June 1, 2006.
Karlsruhe, March 28, 2006
The Executive Board
Contact:
Herr von Muenchhausen
Tel.: +49 (0)721 143-325
Fax: +49 (0)721 143-331
E-Mail: v.muenchhausen@iwka.de
(c)DGAP 28.03.2006
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language: English
emitter: IWKA AG
Postfach 3409
76020 Karlsruhe Deutschland
phone: +49 (0)721 143 – 0
fax: +49 (0)721 143 – 331
email: info@iwka.de
WWW: www.iwka.de
ISIN: DE0006204407
WKN: 620440
indexes: MDAX
stockmarkets: Amtlicher Markt in Berlin-Bremen, Frankfurt (Prime Standard),
Hannover, München, Hamburg, Düsseldorf, SWX, Stuttgart
End of News DGAP News-Service
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