INDUS Holding AG

ots Ad hoc-Service: Indus Holding AG INDUS reports record revenue of more than DM one billion

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    Bergisch-Gladbach (ots Ad hoc-Service) - INDUS Holding AG (SIN 620010), which is traded on the SMAX, the quality segment for small caps of the German Stock Exchange, posted another significant increase in revenues and earnings last year. Consolidated revenue rose by 30.5% to DM 1.024 billion, exceeding the one-billion threshold for the first tune in company history. Net profit for the year increased by 18.9% to a record DM 103.6 million. Income from holdings also reached a new all-time high of DM 139.3 million (up 8.8 percent). The company's forecasts for 2000 were fully met in terms of earnings and sales even exceeded expectations.

    The dividend (DM 2.00 per share last year) will probably be raised for the 6th time in a row; the exact amount of the payout has yet to be determined, INDUS is expecting further growth in revenues and earnings this year, primarily through acquisitions. Takeover negotiations are already underway with several interesting companies.

    WKN: 620010; Index: SMAX Listed: Geregelter Markt Düsseldorf, Frankfurt; Freiverkehr in Berlin, Hamburg, Stuttgart

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