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Ad hoc: Announcement of preliminary group results 2007 - Constantia Packaging
ventures new dimensions |
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For Constantia Packaging, one of Austria's leading industrial groups,
the financial year 2007 was remarkable in respect of the positive
financial figures and the strategic focusing of the company.
+-------------------------------------------------------------------+
| IFRS | 2007 | 2006 | change |
| | ¤ million | ¤ million | percentage |
|-----------------------------+-----------+-----------+-------------|
| Revenues | 1,566 | 1,056 | + 48 % |
|-----------------------------+-----------+-----------+-------------|
| EBITDA | 254 | 140 | + 81 % |
|-----------------------------+-----------+-----------+-------------|
| EBIT | 160 | 86 | + 87 % |
|-----------------------------+-----------+-----------+-------------|
| EBT | 156 | 83 | + 88 % |
|-----------------------------+-----------+-----------+-------------|
| Net Income | 105 | 50 | + 109 % |
| ( after deduction of | | | |
| minority interests ) | | | |
|-----------------------------+-----------+-----------+-------------|
| Earnings per share in ¤ | 6,25 | 3,00 | + 109 % |
+-------------------------------------------------------------------+
The net income includes one-time financial effects (double digit
amount in ¤ million), most of them arising out of the full
consolidation of the 73,45 %-stake in Austria Metall AG (AMAG) as of
1st Oct 2007. In addition the excellent results of the existing
segments contributed to the best financial year in Constantia
Packaging Group's history.
The complete financial statements 2007 will be published on 17th
April 2008. Further details to the annual report will be explained in
the press conference on 17th April 2008 by the management board
The Constantia Packaging Group's activities include the Aluminum,
Corrugated Board and Flexible Packaging segments. Approximately 8,400
employees working in 20 countries in Europe, Asia and North America
produce raw aluminum, aluminum semi-finished rolled products, foundry
alloys as well as packaging made from aluminum, plastic and
corrugated board for the food, beverage, pharmaceutical, automotive
and aerospace industries, among others. The Group is forecasting 2008
sales of more than ¤2 billion.
- End of Ad-hoc Release -
For further information:
Constantia Packaging AG
Veronika Zügel
Head of Communications
Martin Schneeweiss
Investor Relations
Hanno M. Bästlein
Chief Executive Officer
Opernring 17, A-1010 Vienna
Tel.: +43 (01) 588 55-0
Fax: +43 (01) 588 55-106
E-mail: ir@constantia-packaging.com
Web site: www.constantia-packaging.com
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