EANS-Adhoc: BWT Aktiengesellschaft
BWT to pay 40 Euro Cents dividend for 2009
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Company Information
10.03.2010
Net sales EUR 400.7 million (-2.3%) EBIT EUR 26.8 million (-8.3%) Net result after minorities EUR 23.0 million (+11.5%) Dividend proposal: EUR 0.40 per share (2008: EUR 0.38)
"We have closed the year 2009 reasonably well despite difficult conditions and are able to propose to increase the dividend to EUR 0.40 per share due to the solid balance sheet situation. At the same time, we have created new growth potentials by in total investing EUR 44 million," says Andreas Weissenbacher, CEO of the BWT Group about the figures for the 2009 financial year.
In the year 2009, the BWT Group achieved consolidated net sales of EUR 400.7 million representing a decline of 2.3% compared to last year (EUR 410.2 million); excluding the first-time consolidation of new activities the decline would have been -5.1%. EBIT fell by 8.3% to reach EUR 26.8 million.
Mostly thanks to a EUR 4.5 million one-time extraordinary positive effect from the sale of a minority participation in the second quarter 2009, the BWT consolidated net result after minorities grew from EUR 20.6 million by 11.5% to EUR 23.0 million. Without this special income, the normalized result amounts to EUR 18.5 million and a minus of 10.2% compared to the previous year. Earnings per share reached EUR 1.32 after EUR 1.16 in the year before (+13.4%).
Outlook
Andreas Weissenbacher: "As in the previous year, earnings guidance is difficult to give for the new financial year. On sales level, the effects from the consolidation of the pharma water activities will have a positive effect as in the year 2009 only one quarter was included, on the other side, the one-time positive effect in the financial result need to be balanced by better operating results in the new business year."
The final financial results and the Annual Report 2009 are due to be published on April 16, 2010.
end of announcement euro adhoc --------------------------------------------------------------------------------
Further inquiry note:
BWT Aktiengesellschaft
Mag. Ralf Burchert
ralf.burchert@bwt.at
Tel.: 06232/5011-1113
Branche: Water Supply
ISIN: AT0000737705
WKN: 884042
Index: ATX Prime
Börsen: Wien / official market
Original-Content von: BWT AG, übermittelt durch news aktuell