Alustraße 50 - 52
92421 Schwandorf, de
+49 (9431) 53-202
General meeting adopts another dividend payout
Management Board expects consolidated revenue of around EUR 110 million in 2008
The management board reported positive operating results in 2007, as revenue rose by 23.0% to EUR 88.1 million. Consolidated earnings after minority interests improved from EUR -0.2 million to EUR 0.2 million. This positive trend is expected to continue in 2008. Gerhard Witzany, Member of the Management Board of Nabaltec AG, described the company's position as follows: "We expect consolidated revenue of around EUR 110 million in 2008, which would represent an increase of around 25%. This development will be approved by the increase in revenue in the first Quarter 2008. Thus, we would not only continue but accelerate our growth of the previous years. We also plan to improve our earnings considerably over 2007." In order to meet these goals, the company aims to improve and optimize existing products while also marketing new products and new product applications. The company will invest over EUR 35 million in its Schwandorf site in 2008, which, amongst others, will go towards further expanding its halogen-free flame retardant fillers capacity, process optimization in the ceramic raw materials segment and the construction of a new production plant for additives.
Detailed information about the business development in the first quarter of 2008 will be published on 27 May in the quarterly report.
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