INDUS Holding AG

Earnings Release • May 31, 2001

News Details

Ad-hoc | 31 May 2001 08:38

Indus Holding AG english

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– INDUS records further growth in first quarter .Revenues increased 34% .Post-tax profits up 19% Bergisch Gladbach, May 31, 2001 INDUS Holding AG (SIN 620010), which is traded on the quality segment for small caps (SMAX) of the German Stock Exchange, continues to grow consistently, like it has done for years. In Q1 2001 the holding company specializing in high-yield small and medium-sized businesses reported double-digit growth rates in both revenues and earnings. Consolidated revenues were 137.5 million euros, up 34% from last years corresponding period. The strongest sales were posted by the consumer goods segment, followed by the automotive suppliers. Income from holdings rose by 15% to 17.2 million euros, while post-tax profits increased by 19% to 11.3 million euros. The Board expects continued sales and earnings growth for the full year. end of ad hoc announcement (c) DGAP 31.05.2001 ——————————————————————————– WKN: 620010; Index: SDax Listed: Geregelter Markt Düsseldorf, Frankfurt (SMAX); Freiverkehr in Berlin, Hamburg, Stuttgart 310838 Mai 01