Ad-hoc | 11 December 2007 12:24
Norddeutsche Affinerie AG / Final Results
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.
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Norddeutsche Affinerie AG (NA) expects profit jump
Hamburg, 11.12.2007 – NA expects consolidated earnings before taxes (EBT)
in the amount of about € 250 million for the last fiscal year 2006/07 (IFRS
without revaluation of LIFO inventories using the average cost method).
In addition to the excellent production performance in all Group sectors,
this positive development is attributable to good treatment and refining
charges as well as earnings from backwardation that were generated as a
result of the utilisation of varying forward prices, in particular for
copper.
From the likewise very good net income of Norddeutsche Affinerie AG, the
Executive Board and Supervisory Board intend to recommend to the Annual
General Meeting the payment of a higher dividend of € 1.45 per share
compared with the prior year (€ 1.05 per share).
11.12.2007 Financial News transmitted by DGAP
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Language: English
Issuer: Norddeutsche Affinerie AG
Hovestraße 50
20539 Hamburg
Deutschland
Phone: +49 (0)40 78 83-0
Fax: +49 (0)40 78 83-22 55
E-mail: m.kartenbeck@na-ag.com
Internet: www.na-ag.com
ISIN: DE0006766504
WKN: 676650
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hamburg;
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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