Draka Holding N.V.
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Publicatie datum
07 mrt 2008 - 07:48
Statutaire naam
Draka Holding N.V.
Titel
Draka Holding N.V.: Full Year Results 2007
Bericht
- Operating result (excluding non-recurring items) leaped 61% to € 145.7 million. Draka Cableteq posted a 48% growth in result and Draka Comteq's result more than doubled.
- Both groups reported sound progress: Draka Cableteq benefitted from continued good growth in specialty businesses and positive development on construction market in most European countries. Draka Comteq profited from double digit growth in optical fiber market.
- Result for the year € 93.0 million; EPS € 2.46. Dividend proposal: € 0.68 (+84%) per ordinary share, fully in cash.
- Operating working capital lowered further to 16.1% of revenue (2006: 16.6%), despite shorter payment terms for raw materials.
- New organisational structure; as from 2008 Draka is divided into three Groups - Energy & Infrastructure, Industry & Specialty and Communications.
- Outlook for 2008: further volume growth (2-3%) on global cable market expected. Prices of principal raw materials (copper and polymers) will remain volatile. Barring unforeseen circumstances, Draka is cautiously optimistic for 2008 taking into consideration the solid start of the year.
Datum laatste update: 16 december 2025