Interim disclosure pursuant to Section 37x of the German Securities Trading Act (WpHG)

BERU’s business develops as planned in Q1 2008

The business of BERU Aktiengesellschaft, Ludwigsburg, developed within the framework of expectations during the first quarter of 2008. The automotive supplier posted consolidated sales revenue of EUR 123.9 million in the first three months of this year, thus achieving revenue growth of 6.1% compared with the same period of last year (Q1 2007: EUR 116.8 million).

“The stabilization of the EBIT margin is partially due to the initial success of the efficiency-enhancing program we started in December 2007,” commented Executive Board Chairman Dr. Thomas Waldhier. “We have been able to reduce costs and improve our plants’ productivity. However, we will have to continue working on the optimization of our processes and structures.” [...]

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Interim disclosure pursuant to Section 37x of the German Securities Trading Act (WpHG)

BERU’s business develops as planned in Q1 2008

The business of BERU Aktiengesellschaft, Ludwigsburg, developed within the framework of expectations during the first quarter of 2008. The [...]

 
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20.07.2008 - 16:41
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