Celanese AG on Outlook for 2000.Business Editors FRANKFURT--(BUSINESS WIRE)--May 9, 2000 Following today's conference call on first quarter results Celanese AG (NYSE NYSE See: New York Stock Exchange :CZ) confirmed that the company expects 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. for the full year to be positive, both including and excluding special charges. Special charges are expected to be around EURO 100 Mio. during 2000. However, depending on the timing of these special charges, it is possible that individual quarters could have a negative OP. Forward-looking statements (statements which are not historical facts) in this release are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including those risks and uncertainties detailed in Celanese AG's filings with the Securities and Exchange Commission, copies of which are available from the Company. |
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