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ots Ad hoc-Service: Zapf Creation AG <DE0007806002>Zapf Creation AG: Record profit growth of 30 percent for financial year 2000 Dynamic growth continues in the first quarter of 2001

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Zapf Creation AG: Record profit
growth of 30 percent for financial
year 2000 Dynamic growth continues in the first quarter of 2001
Contrary to preliminary estimates presented during a press
conference on January 31, 2001, Zapf Creation AG can look back on an
even more profitable financial year 2000. Sales increased by 15
percent from EUR 143.9 million to EUR 164.9 million, while earnings
before interest and taxes (EBIT) grew by 13 percent from EUR 20.7
million to EUR 23.4 million. The net income for the year increased
even more significantly from EUR 11.8 million to EUR 15.3 million.
This represents a profit increase of 30 percent. As a result, the
company achieved earnings per share of EUR 1.93. "This repeated
positive earnings development again allows us to pay a large
dividend," said Rudolf Winning, chief financial officer of Zapf
Creation AG. "Both the board of directors and the supervisory board
will make the suggestion at the shareholders' meeting to distribute a
dividend of EUR 0.60 per share."
"Based on the first quarter 2001, we expect our growth to
continue." said Rudolf Winning. Sales in the first three months
increased by 23 percent from EUR 21.8 million to EUR 26.7 million. As
a result of higher restructuring costs, the EBIT decreased as planned
by 9 percent from EUR 2.3 million to EUR 2.1 million, representing an
EBIT margin of about 8 percent. "Due to our aggressive international
expansion in the financial year 2000, on average we employed about 90
persons more during the previous year. According to our planning,
this cost effect will level out over the entire financial year 2001,"
Winning said.
Zapf Creation AG expects sales to grow more than 21 percent to
about EUR 200 million in the current financial year 2001 and earnings
before interest and taxes (EBIT) to reach EUR 30 million (approx. +28
percent). This corresponds to an EBIT margin of 15 percent.
For further information, please contact: Zapf Creation AG, Monika
Coliee, Director Investor Relations/Public Relations, Tel.: +49 (0)
9563 - 725-195. Additional information is also available at
www.zapf-creation.com and in our more detailed press release, which
is published at today's financial statements press conference.
WKN: 780600; Index: SDax Listed: Amtlicher Handel in
Frankfurt (SMAX); Freiverkehr in Berlin, Düsseldorf, Hamburg, München
und Stuttgart
End
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Original content of: Zapf Creation AG, transmitted by news aktuell