schlott gruppe Aktiengesellschaft / Strategic Company Decision/Disposal
18.11.2008
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.
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schlott gruppe sells subsidiary sachsendruck
- Sheet-fed offset unit sachsendruck sold to book-printing specialist
- schlott gruppe continues to focus on web-fed printing
Freudenstadt, November 18, 2008. schlott gruppe has today signed an
agreement to sell its sheet-fed offset subsidiary sachsendruck, Plauen, to
Offizin Andersen Nexö (OAN), Leipzig, effective from October 1, 2008. In
doing so, schlott gruppe will concentrate its future efforts on the
production of catalogues, magazines and supplements for publishing houses
and advertisers within the commercial arena, the emphasis being on gravure
printing, web-fed offset printing and related services within the area of
postpress finishing.
OAN is a company specialising in the end-to-end production of books and
brochures. sachsendruck, with its established strengths in the manufacture
of books and cardboard books, will extend OAN's core competences by a
considerable degree. This in turn is expected to bolster the long-term
prospects of sachsendruck.
sachsendruck achieved value-added sales of around EUR14 million on the bases
of preliminary figures in the 2007/8 financial year, while schlott gruppe
generated a total of EUR239.1 million.
The effects of the sachsendruck sale on the financial situation and results
of schlott gruppe will be presented on the balance sheet press conference
and the analyst conference of schlott gruppe on January 28, 2009.
Notes to financial data:
Alongside 'revenue/sales', schlott gruppe uses so-called 'value-added
sales' as a financial indicator - both in its external communications and
as part of its internal controlling mechanisms. Revenue is subject to
fluctuations that are beyond the company's sphere of influence. These
fluctuations are attributable to the volume of paper supplied by customers
as raw material for certain projects: in contrast to paper purchased
directly by the company, paper supplied by customers is not included in the
accounts of schlott gruppe. In the 2007/8 financial year, the so-called
paper provision ratio was 72.0 per cent. As a financial indicator,
'value-added sales' eliminates fluctuations relating to paper supplied by
customers, thus reflecting the actual business performance.
schlott gruppe AG
Marco Walz
Investor Relations & PR
Wittlensweilerstr. 3
72250 Freudenstadt
Germany
P: +49 7441 531-230
F: +49 7441 531-204
mail: marco.walz@schlottgruppe.de
www.schlottgruppe.de
18.11.2008
Financial News transmitted by DGAP
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Language: English
Issuer: schlott gruppe Aktiengesellschaft
Wittlensweilerstraße 3
72250 Freudenstadt
Deutschland
Phone: +49 (0)7441 531-230
Fax: +49 (0)7441 531-204
E-mail: marco.walz@schlottgruppe.de
Internet: www.schlottgruppe.de
ISIN: DE0005046304
WKN: 504630
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hamburg, Düsseldorf, Stuttgart, München
End of News DGAP News-Service
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