Ad-hoc | 9 March 2006 13:31
A.S. Création Tapeten AG: Figures for fiscal 2005 better than expected
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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A.S. Création Tapeten AG, Gummersbach/Germany (ISIN DE0005079909)
Figures for fiscal 2005 better than expected
At today’s meeting, the Supervisory Board of A.S. Création Tapeten AG,
Europe’s leading wallpaper manufacturer, has granted approval for the FY
2005 audited consolidated financial statements. According to the financial
statements, Group sales were up 10.0% on the previous year’s € 132.1
million to € 145.3 million, while the Group’s net profit increased by 17.2%
from the prior year’s € 6.6 million to € 7.7 million in fiscal 2005. The
earnings per share amounted to € 2.78 (2004: € 2.37)
This means that the final figures exceed the full-year guidance issued by
the Managing Board of A.S. Création Tapeten AG on November 7, 2005 on the
occasion of the publication of the interim report for the period ended
September 30, 2005. At the time, the Managing Board expected a consolidated
net profit of between € 7.0 and € 7.25 million for the full year 2005.
The figures differ from the previous guidance mainly as a result of the
unusually strong sales in the fourth quarter of 2005, which accounted for €
5.5 million of the full-year sales growth of € 13.2 million. This means
that Q4 2005 sales were up 18.3% on the same period of the previous year.
This increase in sales has led to better-than-expected earnings in fiscal
2005.
The consolidated financial statements with the detailled figures for fiscal
2005 as well as the profit appropriation proposal will be published on the
occasion of the annual accounts press conference on March 16, 2005.
Gummersbach, March 9, 2006
A.S. Création Tapeten AG
The Managing Board
Inquiries:
A.S. Création Tapeten AG
Maik Krämer,
Director of Finance,
Südstr. 47,
D-51645 Gummersbach
Phone + 49 – (0)22 61/542-387,
fax + 49 – (0)22 61/542-304,
e-mail: m.kraemer@as-creation.de
(c)DGAP 09.03.2006
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language: English
emitter: A.S. Création Tapeten AG
Südstraße 47
51645 Gummersbach Deutschland
phone: +49 (0)22 615 42-0
fax: +49 (0)22 6154 2-3 04
email: investor@as-creation.de
WWW: investor@as-creation.de
ISIN: DE0005079909
WKN: 507990
indexes:
stockmarkets: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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