euro adhoc: BWT Aktiengesellschaft
other
BWT plans to increase dividend and
gives outlook on 2008
-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. --------------------------------------------------------------------------------
Company Information
03.03.2008
"Proposing the next Annual General Meeting to be held on May 20th, 2008, to increase the dividend to EUR 0.38 per share (after EUR 0.35 in the previous year) we intend to give investors a positive signal", says Andreas Weissenbacher, CEO of the BWT-Group.
Following a year 2007 in total according to plan (sales in excess of EUR 390 million and net income more than EUR 25 million), further growth can be expected for the year 2008, albeit at a slightly lower pace than 2007. For 2008 management plans to lift sales to EUR 425 million and net income to EUR 27 million.
end of announcement euro adhoc --------------------------------------------------------------------------------
Further inquiry note:
BWT Aktiengesellschaft
Ralf Burchert, CEFA
+43 6232 5011 1113
ralf.burchert@bwt-group.com
Branche: Water Supply
ISIN: AT0000737705
WKN: 884042
Index: ATX Prime
Börsen: Wiener Börse AG / official market
Original content of: BWT AG, transmitted by news aktuell