Gerresheimer Well-positioned For Further Growth

Date: 3 May 2010
Source: Gerresheimer

Date: 3 May 2010

Financial year 2009 successfully completedGood start to the year 2010 Confirmation of guidance of 2% to 4% sales growth for 2010 with an operating margin of around 19.5%Düsseldorf, April 29, 2010 – At today’s Annual General Meeting of Gerresheimer AG wide approval was given by shareholders on all the agenda items.

The CEO Dr. Axel Herberg commented on the starting position for 2010: “We have ended the financial year 2009 with very solid figures and have made a good start to the year 2010. Gerresheimer is ideally positioned to continue on the path of success.”
 
In his speech the CEO confirmed the guidance for the current financial year with sales growth of 2% to 4% and an improvement in the operating margin (adjusted EBITDA margin) to around 19.5%.
 
At today’s meeting Dr. Axel Herberg, who is going to leave the Management Board on June 21, 2010, was elected by a large majority to the Supervisory Board with effect from September 1, 2010. His successor as CEO is going to be Uwe Röhrhoff, the Management Board member of many years standing.
 
The Annual General Meeting followed the management’s proposal to waive the payment of a dividend. The funds will instead be used for further debt reduction and exploitation of growth opportunities.
 
Read more here.
600450 Gerresheimer Well-positioned For Further Growth glassonweb.com

See more news about:

Others also read

MORE...

Safti First launches mySAFTI App for iPhone, iPod Touch and iPad
Safti First, San Francisco, leading manufacturer of fire rated glass and framing solutions, is proud to announce the release of the mySAFTI app, an interactive design tool that takes the guesswork out of choosing the correct fire rated glass product.
Happy Holidays & Best Wishes
We look forward to working with you in the New Year and assisting you in any way that we can to ensure the continual success of your business!Best wishes for a Happy Holiday Season and our sincere thanksfor your support and goodwill throughout the year!We will come back with fresh news on January 3, 2011.
NFRC Announces New Committee Chairs
The National Fenestration Rating Council (NFRC) announced that Steve Johnson, John McFee, and Joe Jonely will serve as committee chairs for the ratings, accreditation and certification policy committees respectively.
Diamon-Fusion International (DFI) Solidifies Its Automotive Market Positioning in Western Canada
Company signs an exclusive license with Kelowna Motors, a well-established and highly reputable British Columbia- based MAZDA Dealer Diamon-Fusion International, Inc. (DFI Nanotechnology), global developer and exclusive licensor of patented hydrophobic nanotechnologies, announced today it has signed an exclusive license with Kelowna Motors, a well-established and highly reputable British Columbia-based MAZDA dealer, according to Guillermo Seta, corporate vice president and executive director.
Mideast hungry for building materials
The Middle East market is becoming a new and promising destination for local construction material producers to explore in the coming years.
SmartGlass drives in Top Gear...
Top Gear Live is a live arena show of the award winning TV program Top Gear. The live show features breath-taking stunts, remarkable special effects and epic driving sequences.

Add new comment