ERIKS Realises Sales Growth at Top of Expectations Range


In 2007, the ERIKS group realised sales of € 949.0 million (2006: € 543.3 million), an increase of 74.6% which is at the top of the expectations range of € 940 to € 950 million as announced on 15 November 2007. All clusters of the ERIKS group fulfilled expectations.

EBITA and net result will be in line with the expectations published earlier.

Compared with 2006, this means for the full year 2007:

- EBITA 7.8% to 8.1% of sales (+ 70 to75%)

- Net result € 43 to € 45 million (+ 55 to 62%).

CEO Jan van der Zouw said "2007 was another excellent year for the ERIKS group. At this moment the order intake is at a good level and we are not experiencing any negative effects of the declining industrial production in Western Europe and the USA. We are positive about ERIKS´ prospects for 2008.”

28 February 2008 - Publication of annual results for 2007*.
15 May 2008 - General meeting of shareholders in Alkmaar.
Publication of first quarter results for 2008**.
21 August 2008 - Publication of first half year results for 2008***.
13 November 2008 - Publication of nine months results for 2008**.

* Publication during trading hours, followed by an analysts meeting on 29 February 2008 at 10:30 am in Amsterdam.

** Publication during trading hours, followed by a conference call.

*** Publication during trading hours, followed by an analysts meeting at 3:30 pm in in Amsterdam.

For further information please contact Mr. J. van der Zouw, CEO and/or Mr. J.G. de Boer, CFO



ERIKS Group Website
Power Transmissions
Full Name : *
Company: *
Post Code: *
Phone No: *
Security Code: * CAPTCHA
Out of Hours? Click Here