EANS-Adhoc: Lenzing AG
Lenzing: 2008 dividend EUR 14.00 per share
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26.03.2009
Lenzing: 2008 dividend EUR 14.00 per share
Preliminary figures 2008 confirmed
The management board of the Lenzing AG will propose the payment of a dividend of EUR 14.00 per share (2007: EUR 14.00) for business year 2008 to the next general shareholders' meeting. Lenzing's chairman of the management board, Peter Untersperger, reasons: "On one hand this dividend proposal for business year 2008 reflects the second-best result in the history of our company and stands for continuity in dividend payment; on the other hand it points to the economic environment of 2009 which has become significantly more difficult in the recent months."
Lenzing confirms the preliminary figures published on 5 March 2009 as final. Consolidated sales rose by 5.4% to EUR 1.33 bill. (2007: EUR 1.26 bill.). EBITDA declined by 12.4% to EUR 200.8 mill. (2007: EUR 229.3 mill.) and EBIT by 19.7% to EUR 130.3 mill. (2007: EUR 162.3 mill.). The net income attributable to shareholders of Lenzing AG fell by 29.1% to EUR 77.7 mill. (2007: EUR 109.6 mill.).
The general shareholders' meeting will be held on 23 April 2009 at Lenzing. The results of the first quarter will be published on 8 May 2009.
Consolidated key figures (IFRS)in (EUR mill.) 2008 2007 Sales 1,329.1 1,260.5 EBITDA 200.8 229.3 EBIT 130.3 162.3 Net income attributable to shareholders of Lenzing AG 77.7 109.6 EBITDA margin in % 15.1 18.2 EBIT margin in % 9.8 12.9 Equity ratio* in % 42.7 44.8 Staff 5,945 6,043 Capital expenditure (intangible assets, property, plant and equipment and financial assets) 165.9 266.8 Operating cash flow 50.4 223.8
*Equity incl. government grants less prop. deferred taxes.
end of announcement euro adhoc --------------------------------------------------------------------------------
Further inquiry note:
Lenzing AG
Mag. Angelika Guldt
Tel.: +43 (0) 7672-701-2713
Fax: +43 (0) 07672-96301
mailto:a.guldt@lenzing.com
Branche: Chemicals
ISIN: AT0000644505
WKN: 852927
Index: WBI
Börsen: Börse Berlin / free trade
Wiener Börse AG / official dealing
Original content of: Lenzing AG, transmitted by news aktuell