euro adhoc: Lenzing AG
Financial Figures/Balance Sheet
Lenzing Group:
Dividend unchanged from 2005,
Preliminary figures for 2005 confirmed
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
02.05.2006
The Lenzing Group confirms the preliminary figures for business year 2005 published in March.
Group sales went up by 8.2% to EUR 942.6 mill. (2004: EUR 871.1 mill.). EBIT at EUR 81.8 mill. (2004 EUR 104.3 mill.) was lower than for record year 2004 due to difficult market conditions late in the year in core business field fibers.
On the basis of the consolidated financial statements now established, the Management Board will propose an unchanged dividend of EUR 8.00 per share for the business year completed to the Regular Shareholders Meeting on 14 June. This stable dividend also reflects the return to more stable conditions in the global fiber business environment. Lenzing will continue to pursue its course of growth and expansion in 2006 as well. The completion of a new viscose fiber production plant in China is scheduled for the end of 2006.
Company group key figures (IFRS), in EUR mill. 2005 2004* Sales 942.6 871.1 EBITDA 141.6 160.4 EBIT 81.8 104.3 Share of net income of shareholders of Lenzing AG 56.9 67.7 EBITDA-margin in % 15.0 18.4 EBIT-margin in % 8.7 12.0 EBT 79.3 103.5 Equity ratio in % 48.0 48.7 Staff 4,860 4,845 Capital expenditures 82.4 60.9 Net cash flow from operating activities 124.3 95.3 Dividend per share in EUR 8.00** 8.00 * adapted according to IFRS ** proposal
end of announcement euro adhoc 02.05.2006 07:34:25
Further inquiry note:
Lenzing AG
Mag. Angelika Guldt
Tel.: +43 (0) 7672 701-2713
Fax: +43 (0) 07672 918-2713
mailto:a.guldt@lenzing.com
Branche: Chemicals
ISIN: AT0000644505
WKN: 852927
Index: WBI
Börsen: Börse Berlin-Bremen / free trade
Baden-Württembergische Wertpapierbörse / free trade
Bayerische Börse / free trade
Wiener Börse AG / official dealing