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Another successful year with record earnings |
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Corporate news announcement processed and transmitted by Hugin ASA.
The issuer is solely responsible for the content of this
announcement.
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We are delighted to report that 2007 proved to be another successful
year for the Jelmoli Group's operations. Record earnings for the year
at CHF 920.8 million were boosted by proceeds from the disposal of
dipl. Ing. Fust AG but underlying performance was most encouraging
and all the other areas of the Group's business markedly improved
their results.
Million CHF 2007 1 2006¹ Deviation
EBITDA Operating cashflow 142.1 130.5 +8.9%
Real Estate development gains 183.0 77.3 +136.7%
EBIT Operating income after depreciation 316.1 200.1 +58.0%
Financial results -30.8 -51.4 +40.1%
Profit before tax 285.3 148.7 +91.9%
Group profit 920.8 180.0 +411.6%
1 not including Fust group
The Board of Directors will recommend a dividend of CHF 50.- per
bearer share at the Annual General Meeting of May 15, 2007.
Further details on the 2007 accounts and prospects will be announced
by Harald Pinger, President of the Executive Committee and CEO, and
Roland Walder, CFO, during today's press conference at 10.00.
We regret that no questions can be answered until then.
Balance sheet press conference
Tuesday, April 15, 2008, 10.00, Kongresshaus (Kammermusiksaal),
Zurich
Financial analysts conference
Tuesday, April 15, 2008, 12.00, Kongresshaus (Kammermusiksaal),
Zurich
Contact persons
Media: Dr. Daniel Gfeller, Secretary General
Tel. +41 (0)44 220 42 29 Fax +41 (0)44 220 40 10
Analysts: Harald Pinger, CEO
Tel. +41 (0)44 220 49 13 Fax +41 (0)44 220 40 10
Roland Walder, CFO
Tel. +41 (0)44 220 44 26 Fax +41 (0)44 220 40 10
Internet: www.jelmoliholding.ch / www.huginonline.ch/JEL
WAP mobile: wap.huginonline.com (Press Releases Jelmoli)
E-mail: info@jelmoliholding.ch
--- End of Message ---
Jelmoli
----------------------------------------- Jelmoli über
WAP:
wap.huginonline.com -----------------------------------------
St. Annagasse 18 Zürich
WKN: 851225; ISIN: CH0000668464; Index: SMCI, SPI, SPIEX;
Listed:
Main Market in SWX Swiss Exchange;
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