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Norddeutsche Affinerie AG: expects profit jump
07-12-11
Norddeutsche Affinerie AG / Final Results Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Norddeutsche Affinerie AG (NA) expects profit jump Hamburg, 11.12.2007 – NA expects consolidated earnings before taxes (EBT) in the amount of about € 250 million for the last fiscal year 2006/07 (IFRS without revaluation of LIFO inventories using the average cost method). In addition to the excellent production performance in all Group sectors, this positive development is attributable to good treatment and refining charges as well as earnings from backwardation that were generated as a result of the utilisation of varying forward prices, in particular for copper. From the likewise very good net income of Norddeutsche Affinerie AG, the Executive Board and Supervisory Board intend to recommend to the Annual General Meeting the payment of a higher dividend of € 1.45 per share compared with the prior year (€ 1.05 per share). 11.12.2007 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Norddeutsche Affinerie AG Hovestraße 50 20539 Hamburg Deutschland Phone: +49 (0)40 78 83-0 Fax: +49 (0)40 78 83-22 55 E-mail: m.kartenbeck@na-ag.com Internet: www.na-ag.com ISIN: DE0006766504 WKN: 676650 Indices: MDAX Listed: Regulierter Markt in Frankfurt (Prime Standard), Hamburg; Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------------- |
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