EANS-Adhoc: ALPINE Holding GmbH costly financial year 2012
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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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annual result/Company Information
24.04.2013
Today, ALPINE Holding GmbH reports its preliminary results for the 2012
financial year. The preliminary results remain subject to confirmation by the
general assembly; the preliminary figures have not yet been audited by the
accountants.
The net loss of ALPINE Group for the 2012 financial year equals EUR 449.7
million and results mainly due to unprofitable large-scale projects outside
Austria. In addition, updated risk assessments had an effect on the financial
results. Construction work decreased from EUR 3,621 million in 2011 to EUR 3,213
million in 2012. The decrease in construction work reflects the commencement of
Alpine Group's exit from unprofitable markets abroad.
The amount of losses and the reduction in construction work are both within the
scope set out in the reorganization agreement with the financing partners. The
issuer continues its focused implementation of the operational restructuring of
ALPINE Group.
The annual financial statements of ALPINE Holding GmbH for 2012 will be
published as envisaged on or about 31 May 2013.
Further inquiry note:
Mag. Johannes Gfrerer
Konzernpressesprecher ALPINE Gruppe
Telefon +43 662 8582 286
johannes.gfrerer@alpine.atwww.alpine.at
end of announcement euro adhoc
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issuer: ALPINE Holding GmbH
Alte Bundesstraße 10
A-5071 Wals bei Salzburg
phone: +43 662 85 82
FAX: +43 1 610 79 - 275
mail: johannes.gfrerer@alpine.at
WWW: www.alpine.at
sector: Construction & Property
ISIN: AT0000A0JDG2
indexes:
stockmarkets: Regulated free trade: Wien
language: English