BERU AG: Strong Revenue Growth Expected in 2006.LUDWIGSBURG Ludwigsburg (l t`vĭkhsb rkh'), city (1994 pop. 86,220), Baden-Württemberg, SW Germany, near the Neckar River. , Germany -- The Executive Board of BERU AG (FWB (Fixed Wireless Broadband) See fixed wireless. :BZL)
anticipates only a moderate revival of worldwide demand for automobiles
in the current financial year (January 1 to December 31, 2006). The
market is still affected by pressure on sales prices and margins as well
as high purchasing prices for raw materials and energy. Nonetheless, the
Executive Board looks forward to ongoing profitable growth for the BERU
Group.Assuming that the world economy and the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. develop in line with market forecasts, due to the good order situation, the Executive Board expects total sales revenues for the Group of between EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 425 million and EUR 435 million in 2006. For the same period, the Executive Board aims to increase the Group's operating profit Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. (EBIT EBIT See: Earnings Before Interest and Taxes EBIT See earnings before interest and taxes (EBIT). ) to more than EUR 50 million, thus continuing the positive earnings trend of recent years. The Executive Board of BERU AG will describe the business developments and results achieved in the short financial year 2005 (April 1 to December 31, 2005) at the Annual Press Conference to be held in Stuttgart on March 30, 2006. The Executive Board
language: English
company: BERU AG
Morikestr. 155
71636 Ludwigsburg Deutschland
phone: +49 (0)7141 132-2 46
fax: +49 (0)7141 132-5 86
email: investor-relations@beru.de
WWW: www.beru.de
ISIN: DE0005072102
WKN: 507210
indices:
stockmarkets: Amtlicher Markt in Frankfurt (General Standard),
Stuttgart; Freiverkehr in Berlin-Bremen, Munchen,
Hamburg, Dusseldorf
|
|
||||||||||||

t`vĭkhsb
rkh')
Printer friendly
Cite/link
Email
Feedback
Reader Opinion