- Sales increase of 5.7 % to € 260 million
- Consolidated net profit of € 9.7 million
- Proposed dividend of € 0.65 EUR per common share and € 0.70 per preferred share
Ahlers AG, Herford: The Ahlers AG announces first results for the financial year from December 1, 2006 to November 30, 2007 today.
In the financial year ended, the Ahlers Group recorded a substantial rise both in sales and the result. Sales went up from € 246 million EUR to € 260 million, an increase of 5.7 percent. Not counting special earnings from the sale of eterna EBIT increased by 173 percent, from € 4.4 million in 2005/06 to € 12.0 million, in 2006/07. After tax and interest, Ahlers earned € 9.7 million in the period under review (prior year figure: € -0.1 million, incl. discontinued operation € 92.9 million).
In the Supervisory Board meeting today, the Supervisory Board and the Management Board decided to share the positive development of the company with the shareholders. The shareholders meeting on May 15, 2008 will resolve on the proposal to pay a dividend of € 0.65 for each common share and € 0.70 for each preferred share. The year before, after selling one of its divisions, Ahlers AG had paid € 2.95 per common share and 3.00 per preferred share.
"In the financial year ended, we relied strongly on profiling our labels, verticalisation and internationalisation and find that the result confirms our strategy", Dr. Stella A. Ahlers commented on the positive trend.
More details of the annual closing will be made known at the balance sheet press conference in Düsseldorf on March 11, 2008.
Our annual report 2006/07 is available in the internet at www.ahlers-ag.com from March 11, 2008, 3 p.m.