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Haemato AG — Earnings Release 2006
Mar 12, 2007
5404_rns_2007-03-12_c07f7592-8954-4947-905a-64629d60c52f.html
Earnings Release
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Corporate | 12 March 2007 04:00
WINDSOR AG’s Performance in 2006 Surpasses All Expectations. Turnover and profits quadruple, total assets nearly double.
Windsor AG / Final Results
Announcement, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Berlin, 12 March 2007. Preliminary figures for the 2006 fiscal year
indicate that WINDSOR AG (ISIN DE0006190705) has achieved its
best ever operating results since the company’s inception. The company’s
revenues increased from 7 million to 28 million EUR and profits rose to 8
million from 1.6 million EUR. Earnings before interest and taxes (EBIT)
actually increased from 1.6 million to 13 million EUR while total assets
grew by 192% to 69 million EUR.
These proceeds are nearly evenly divided between building contracts and
project monitoring, sales of apartments and buildings, letting of property
and sales of participating interests. By issuing private equity capital,
the company was also able to expand their business activities into an
important new area. WINDSOR AG is now benefiting from their competency on
the Berlin property market – an expertise they have developed over many
years – as well as from increasing demand from foreign investors for
residential properties in Germany.
Indeed, WINDSOR AG is situated well for the current fiscal year. 'By
increasing our equity with participation certificates and shares, we have
strengthened our position', explains Dr. Volker Voigtsberger, managing
director at WINDSOR AG. According to expert appraisals, the development
potential for property in Berlin still remains very high.
More detailed information on the company’s financial results will be
published in full accordance with the German Securities Trading Act.
Contact:
WINDSOR AG, Kochstrasse 28, 10969 Berlin, Tel: +49 (30) 886722-0, Fax: +49
(30) 886722-99
Investor Relations: Ulrich A. Setzermann, [email protected]