ACKERMANS V.HAAREN : Annual results 2008
03/06/2009| 01:31am US/Eastern
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The result of the participations (before capital gains on private
equity) amounted to 136.4 million euros for the 2008 financial year
(versus 183.2 million euros for 2007)
Net result decreased to 114.6 million euros due to less capital gains
and exceptional impairments (Groupe Flo, Distriplus and Fortis
shares)
* Important growth of the turnover and profit of the dredging
activities (DEME) in a continuous very active market
* Lower contribution from real estate activities due to exceptional
costs, losses and a delay in the realisation of some real estate
projects
* Strong performance by Bank Delen and Bank J.Van Breda & C°. in
extremely volatile market circumstances
* Contribution of Private Equity participations influenced by poor
fourth quarter and impairments at Groupe Flo and Distriplus
The Board of Directors proposes to the General Meeting to maintain
the dividend at 1.39 euros.
The Board of Directors of Ackermans & van Haaren NV announces that
the consolidated net result (group share) for the 2008 financial year
amounted to 114.6 million euros, compared to 241.4 million euros in
2007.
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solely responsible for the content of this announcement.
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