Gerresheimer AG

ots Ad hoc-Service: Gerresheimer Glas AG

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    Düsseldorf (ots Ad hoc-Service) -      

    The continuing business made a pre-tax profit of Euro 5.6 m (prior year: Euro 6.3 m). Group pre-tax earnings before interest and goodwill amortisation (EBITA) amounted to Euro 20.4 m, compared with the prior year level of Euro 20.7 m. Despite a substantial increase in sales, results were negatively influenced by general overhauls of glass furnaces in the Container Glass Division for Pharmaceuticals/Cosmetics/Miniatures carried out according to schedule and a considerable increase in deprecation charges as a consequence (no furnace overhauls in the prior year).

    With effect from 6 July 2000, DILIGENTIA SECHZEHNTE Vermögensverwaltungs GmbH & Co. KG (in future GLASS HOLDINGS GmbH & Co. KG) announced that it had exceeded the 75% shareholding threshold in Gerresheimer Glas AG on 29 June 2000.

    The Executive Board

    Further Information:

    Investor Relations: M. Arzten/A. Steinmetz Tel.0211/6181-177; Fax:0211/6181-162

    Public Relations: B. Lingenberg Tel.0211/6181-251; Fax: 0211/6181-241

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