euro adhoc: K+S Aktiengesellschaft
Revenues up slightly in 2003 /
Net income almost on previous years level
Proposed dividend of EUR
1.00 per share once more
Extensive cost-cutting measures
Positive
Outlook (E)
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
In 2003, revenues increased by 1.3% to EUR 2,287.8 million. EBIT totalled EUR 115.7 million (-12.9%). At EUR 101.3 million, net income almost matched the figure of a year ago (-2.4%). Earnings per share amounted to EUR 2.42 (2002: EUR 2.43 per share). Given the rising trend in global fertilizer demand as well as extensive cost-cutting measures, K+S takes a confident view of 2004 and about 2005 in particular. The Board of Executive Directors and the Supervisory Board intend to propose once again a dividend of EUR 1.00 per share to the Annual General Meeting.
Full information is available on the Internet at http://www.k-plus-s.com. A press conference and an analysts conference will be held today at 10:00am and at 1:00pm respectively; the latter conference can be followed live on the Internet.
end of announcement euro adhoc 11.03.2004
Further inquiry note:
Christian Herrmann
Tel.: +49 (0)561 9301 1460
E-Mail: investor-relations@k-plus-s.com
Branche: Chemicals
ISIN: DE0007162000
WKN: 716200
Index: CDAX, Classic All Share, HDAX, MDAX, Midcap Market Index, Prime All Share, Prime
Standard
Börsen: Niedersächsische Börse zu Hannover / official dealing
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