Corporate | 27 March 2006 10:21
Saint-Gobain Oberland’s 2005 results
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The issuer is solely responsible for the content of this announcement.
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Bad Wurzach, March 27, 2006. The turnover of Saint-Gobain Oberland for the
full year 2005 is 305.3 million euros, compared to 335.0 million euros for
the previous year.
As announced in July 2005, Saint-Gobain Oberland sold its glass bricks
activity to Seves on June 30, 2005. This activity accounted for 12 million
euros in sales for the first 6 months 2005, compared to 24.4 million euros
for the full year 2004.
In a very competitive market, the new law regarding deposit on one way
bottles has generated some uncertainty.
During the fiscal year 2005, Saint-Gobain Oberland generated a profit of
30.5 million euros, compared to 22.1 million euros in 2004. This good
performance is mostly due to the continued effort of improving productivity
of the company, and the impact of the gain on the sale of the glass bricks
business.
As a result, at the Annual General Meeting on 31 May 2006, the Supervisory
Board and the Board of Management will propose a dividend of 30.50 Euro per
individual share certificate (previous year’s dividend: 22.20 Euro). The
Annual General Meeting will be held in Bad Wurzach-Ziegelbach.
In 2006, Saint-Gobain Oberland will continue its efforts in Research and
Development program and its efforts to control costs. The company will
follow its investment program in order to offer the best quality and
service to its customers.
Saint-Gobain Oberland AG is part of the Saint-Gobain Group which, with over
200,000 employees in over 50 countries, ranks among the top 100 industrial
companies worldwide. In the five main divisions of Flat Glass, Packaging,
Construction Products (Construction materials, Insulation, Gypse, Pipe),
High-Performance Materials (Reinforcements, Ceramics & Plastics, Abrasives)
and Building Distribution, the group registered provisional total sales of
almost 35 bill. Euro in 2005.
The international group of companies is a leader worldwide in all its areas
of activity. In this connection, besides Saint-Gobain Oberland AG – as one
of the leading container glass manufacturers in Germany – such renowned
brands as Sekurit Autoglas, Isover Dämmstoffe, Rigips and Raab Karcher also
belong to the portfolio. In the Germany and Central Europe region, last
year over 24,000 employees generated turnover of 4.7 bill. Euro.
Cornelia Banzhaf
Public Relations Managerin
Oberlandstraße, 88410 Bad Wurzach
phone: +49(0)7564 – 18 255, fax: +49(0)7564 – 18 613
e-Mail: cornelia.banzhaf@saint-gobain.com
(c)DGAP 27.03.2006
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language: English
emitter: Saint-Gobain Oberland AG
Oberlandstraße
88410 Bad Wurzach Deutschland
phone: 07564-18 255
fax: 07564-18 461
email: cornelia.banzhaf@saint-gobain.com
WWW: www.saint-gobain.com
ISIN: DE0006851603
WKN: 685160
indexes:
stockmarkets: Amtlicher Markt in Frankfurt (General Standard), München,
Stuttgart; Freiverkehr in Berlin-Bremen
End of News DGAP News-Service
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