Bau-Verein zu Hamburg AG / Preliminary Results
19.03.2008
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Bau-Verein zu Hamburg: Preliminary figures for 2007
- 23 percent increase in revenues to EUR 96.6 million
- Dividend payment planned
(Hamburg, March 19, 2008). Bau-Verein zu Hamburg Aktien-Gesellschaft, a
subsidiary of TAG Tegernsee Immobilien- und
Beteiligungs-Aktiengesellschaft, performed successfully in 2007. On the
basis of preliminary figures, revenues rose by 23 percent to EUR 96.6
million (2006: EUR 78.6 million), with total assets climbing by 11 percent
to EUR 365.4 million.
With earnings before interest and taxes (EBIT) coming to EUR 23.4 million
(2006: EUR 25.5 million), earnings before tax (EBT) reached EUR 13.8
million, down on the previous year as planned (2006: EUR 16.4 million).
Pending the approval of the annual financial statements by the Supervisory
Board on April 17, 2008, the shareholders will be asked to approve a
dividend of EUR 0.10 per share at the annual general meeting on June 19,
2008.
The final figures for fiscal 2007 will be released on April 24, 2008.
Press inquiries:
Bau-Verein zu Hamburg AG
Head of investor and public relations
Kirsten Schleicher
Tel. +49 (0) 40 380 32,300
Fax +49 (0) 40 380 32 388
pr@bau-verein.de
DGAP 19.03.2008
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Language: English
Issuer: Bau-Verein zu Hamburg AG
Steckelhörn 5
20457 Hamburg Deutschland
Phone: +49 (0)40 380 32-0
Fax: +49 (0)40 380 32-388
E-mail: info@bau-verein.de
Internet: www.bau-verein.de
ISIN: DE0005179006
WKN: 517900
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hamburg;
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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DGAP-Adhoc: Bau-Verein zu Hamburg AG:
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