Vivanco Gruppe AG

Earnings Release • Nov 25, 2002

News Details

Ad-hoc | 25 November 2002 19:58

Vivanco Gruppe AG english

Poor consumer mood hinders sales; only small operating profit (EBIT) in 2002 Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Poor consumer mood hinders sales; only small operating profit (EBIT) in 2002 Despite very weak consumer demand also in the 3rd quater, but the measures introduced to reduce costs being more effective than planned, the Board of Management of Vivanco Gruppe AG still expects to achieve a small operating profit before financial expenditure (EBIT) in the current business year. The high financial expenses will, however, lead to a negative result before taxes (EBT) in 2002. The final year-end figures will depend on the success of Christmas business. Ahrensburg, 25.11.2002 end of ad-hoc-announcement (c)DGAP 25.11.2002 ——————————————————————————– WKN: 760290; ISIN: DE0007602906; Index: Listed: Amtlicher Markt in Frankfurt; Freiverkehr in Berlin, Düsseldorf, Hamburg, München und Stuttgart 251958 Nov 02