EANS-Adhoc: ALNO AG
Elmar Duffner joins ALNO AG´s management board as COO
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ad-hoc disclosure pursuant to section 15 of the WpHG 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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31.07.2011
Long-standing managing director of Poggenpohl Möbelwerke GmbH to take over
as CEO of ALNO AG in 2013
Key tasks as COO: operational management, expansion of international
business and continued strengthening of premium brand ALNO
Pfullendorf, July 31, 2011 - Elmar Duffner, managing director of Poggenpohl
Möbelwerke GmbH since 2002, will take over the position of COO of ALNO AG, one
of Germany´s leading kitchen manufacturers, by February 1, 2012 at the latest.
In the role of COO, he will be responsible for international sales and
distribution, production, purchasing, logistics, product development, marketing
and communications. His other main priorities will be the international
expansion of ALNO AG and the further enhancement of the company´s premium brand
ALNO. Duffner will take over as CEO from Max Müller at the company´s AGM in
2013. Max Müller intends to join the supervisory board after this transition
period, which is to ensure strategic continuity of leadership.
ALNO AG, which is Germany´s second biggest and Europe´s fourth biggest kitchen
manufacturer, serves a wide range of customer target groups and price segments
through its ALNO, WELLMANN, IMPULS and PINO brands. The company has three
subsidiaries abroad and around 7,000 sales and distribution partners in 64
countries. Foreign sales accounted for 28.4% of revenues in the 2010 business
year. The company´s strategic goal under the leadership of Elmar Duffner is to
significantly increase revenues from foreign sales.
Elmar Duffner was managing director of Poggenpohl Möbelwerke GmbH from 2002,
where he successfully drove forward the international expansion of the premium
kitchen manufacturer. Under his leadership the company grew at above-average
levels and consistently posted a positive earnings performance. Elmar Duffner
has been President of the Association of the German Furniture Industry since
2008 and sits on the board of several other industry associations.
end of ad-hoc-announcement
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About ALNO AG:
ALNO AG is one of Germanys leading kitchen manufacturers. It has four national
production facilities and also a production facility in Dubai, and serves the
German and international markets with a full range of kitchens. The ALNO Group
has four brands: the core brand ALNO and also WELLMANN (classic/modern), IMPULS
(minimalist) and PINO (entry-level prices). ALNO AG has around 7,000
distribution partners and is active in more than 64 countries. In fiscal year
2010 around 1,787 employees recorded revenues of approx. EUR 467.3 million.
Foreign sales accounted for 28.4% of revenues.
Note for editors:
If you would like to find out more about ALNO and its products, then please
visit our online press center at www.alno.ag/3687.0.html. There you can also
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Legal notice:
This ad hoc announcement may include forward-looking statements, which are based
on the current expectations and forecasts of ALNO AGs management or its
associated companies. Various known and unknown risks, uncertainties and other
factors may lead to the actual results, financial position, or performance of
ALNO AG and its affiliated companies deviating substantially from the estimates
included herein. Neither ALNO AG nor its affiliated companies undertake to
update any such forward-looking statement and to adjust these to future events
or developments.
Further inquiry note:
CNC AG
Patricia Eschenlohr
T +49 (0) 172 8106376
E Patricia.Eschenlohr@cnc-communications.com
end of announcement euro adhoc
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issuer: ALNO AG
Heiligenbergerstraße 47
D-88629 Pfullendorf
phone: +49 7552 21-311
FAX: +49 7552 21-3838
mail: max.mueller@alno.de
WWW: http://www.alno.de
sector: Furnishings & Furniture
ISIN: DE0007788408
indexes:
stockmarkets: free trade: Berlin, Düsseldorf, München, regulated dealing:
Stuttgart, regulated dealing/general standard: Frankfurt
language: English
Original content of: ALNO AG, transmitted by news aktuell