Best group result in the history of the company
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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– Positioning as low cost producer of environmentally friendly hydro power
– Broaden domestic business
– Expand sales and trading business abroad
– Strategic alliances to strengthen the core business
– Improvement of profitability, yield and gearing
– Sales revenues higher by 30 %, sales volumes by 40 %
– Operating result improved by 5.2 % to 317 Mio. EUR because of successful
sales abroad and sales to domestic business customers
– Best net income ever: +38 % up to 115 Mio. EUR due to improved financial
result
– Operating Cash Flow increased by 16 %
– Profitability (ROCE) higher than average branch
bench mark: from 8.5 % to 9.6 %
– Degearing: reduction of net debt by 397 Mio. EUR
Sales volumes: (GWh)
Domestic 23,896 + 1.5 %
Abroad 31,589 + 96.3 %
Total 55,485 + 39.3 %
Key figures (Mio. EUR)
Sales revenues 1,684.8 + 29.6 %
Expenses – 1,473.0 – 38.4 %
Operating result (EBIT) 316.7 + 5.2 %
Profit after tax 122.7 + 137.8 %
Net profit 115.3 + 38.1 %
Earnings/share (EUR) 3.74 + 38.0 %
end of ad-hoc-announcement (c)DGAP 25.02.2002
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WKN: 074640; ISIN: AT0000746409; Index: ATX
Listed: Amtlicher Handel in Wien; Amtlicher Handel in Frankfurt;
Freiverkehr in Berlin, Hamburg und Stuttgart
251026 Feb 02