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ElringKlinger AG

euro adhoc: ElringKlinger AG
Dividend Announcements
Dividend to increase to 1.75 Euro - ElringKlinger Group surpasses fiscal 2004 forecast sales and earnings

Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
23.03.2005
At its meeting on March 23, the Supervisory Board of ElringKlinger AG
approved the distribution of the fiscal year 2004 balance sheet
profit as proposed by the Management Board. Consequently, the payment
of a dividend of 1.75 Euro per share will be proposed to the annual
meeting of stockholders. This dividend payment is 25 Cents higher
than in the previous year (adjusted to take account of the effect of
the capital increase from corporate funds on July 26, 2004),
representing an increase of 16.7 percent.
The sales revenue of the ElringKlinger Group totaling around 453
million Euro in fiscal 2004 will be some 9 percent up on the previous
year (416.8 million Euro). The operating profit will be around 70
million Euro, up on the forecast 62.5 million Euro. In the previous
year the gasket, shielding component and housing module specialist
had returned an operating profit of 53.8 million Euro. The pretax
profit will be around 67 million Euro, 33 percent up on the previous
year, and the net income 42 million Euro, up 57 percent on the
previous year (27.2 million Euro). 
ElringKlinger AG will be making a detailed presentation of its final
figures for fiscal 2004 along with the outlook for 2005 at its
end-of-year press conference on March 29, 2005 in Stuttgart.
end of announcement                    euro adhoc 23.03.2005 11:45:00 

Further inquiry note:

Stefan Wolf
Spokesman of the Management Board
+49(0)7123 723-264
stefan.wolf@elringklinger.de

Branche: Automotive Equipment
ISIN: DE0007856023
WKN: 785602
Index: SDAX, Prime Standard, CDAX, Classic All Share, Prime All Share
Börsen: Berliner Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade
Bremer Wertpapierbörse (BWB) / free trade
Baden-Württembergische Wertpapierbörse / official dealing
Frankfurter Wertpapierbörse / official dealing

Original content of: ElringKlinger AG, transmitted by news aktuell

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