EDAG Engineering GmbH

ots Ad hoc-Service: Rücker AG Rücker AGs budget targets confirmed with sales of DM 104.1 million and DM 14.1 million EBIT

The sender is solely responsible for the contents of this announcement. -----------------------------------------------------

    Wiesbaden (ots Ad hoc-Service) - Rücker AG has confirmed the first six months of fiscal year 2000s budget targets for sales and operating results. Compared to the first six months of 1999, sales increased by 22.7% to DM 104.1 million. Operating results (EBIT) were within the realm of expectations, growing to DM 14.1 million (prior year: DM 13.7 million). Net profit for the year increased by 20.9% to DM 6.7 million. The lower EBIT growth compared to the increase in sales is due to the unusually high operating result for the first half of 1999 which was influenced by a foreign customer order with an especially high margin. This was already taken into consideration in the budget.

    Rücker AG specializes in virtual product development for high-tech engineering in the areas of automotive design, research and aeronautics, electronics and telecommunications, environmental simulation and vehicle safety as well as in IT management, service and training.

    The highest sales were in the automotive design division, which in the first six months of 2000 grew by 23.5% to DM 74.4 million. In the area of aeronautics and research, sales were nearly unchanged at DM 5.1 million. The largest increases in sales were obtained in the electronics and telecommunications business segments, to DM 7.9 million (+32.1%), and in environmental simulation and vehicle safety, to DM 13.4 million (+32.5%).

    Because of the positive business trend in the first six months of 2000, the Executive Board of Rücker AG has confirmed the budget figures for the current fiscal year.

End ----------------------------------------------------- Internet: http://recherche.newsaktuell.de

Original-Content von: EDAG Engineering GmbH, übermittelt durch news aktuell

Weitere Meldungen: EDAG Engineering GmbH

Das könnte Sie auch interessieren: