Ad-hoc | 30 January 2007 08:01
Renk AG / Final Results
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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As a manufacturer of advanced gear technology for export RENK greatly
benefited from congenial world markets in fiscal 2006. Order intake surged
by 33 percent to EUR417 million, sales by 16 percent to EUR356 million; the
operating profit (EBIT) leapt from EUR29 million to EUR38 million (up 31
percent). The corresponding ROS mounted from 9.5 to 10.5 percent.
Earnings per share (EpS) amount to EUR3.14 (up from EUR2.19). It will be
proposed to the annual stockholders' meeting to raise the cash dividend by
50 percent to EUR1.80 for fiscal 2006. The stock repurchase option granted
by the stockholders' meeting was not exercised in 2006.
On the basis of current market information, RENK expects another advance in
sales and earnings in 2007.
RENK Aktiengesellschaft
The Executive Board
DGAP 30.01.2007
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Language: English
Issuer: Renk AG
Gögginger Str. 73
86159 Augsburg Deutschland
Phone: 0821-5700-227
Fax: 0821-5700-573
E-mail: winfried.scheller@renk-ag.com
WWW: www.renk-ag.com
ISIN: DE0007850000
WKN: 785000
Indices:
Listed: Amtlicher Markt in München; Freiverkehr in Berlin-Bremen,
Stuttgart; Open Market in Frankfurt
End of News DGAP News-Service
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