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announcement.
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During 2008, Jelmoli successfully progressed from operating as a
conglomerate
to becoming a focussed real estate company. This restructuring was
completed
per March 30, 2009 when the newly created Athris Holding AG shares
were
distributed. Moreover, all business units closed the year with
gratifying results
again, significantly exceeding prior year turnover and operating
income.
+-------------------------------------------------------------------+
| Million CHF | 2008 | 2007 | Deviation |
|--------------------------------------+--------+-------+-----------|
| EBITDA operating cash flow before | | | |
| depreciations, revaluations and | 178.7 | 140.5 | +27.2% |
| extraordinary items | | | |
|--------------------------------------+--------+-------+-----------|
| Real estate development earnings | 112.9 | 183.0 | -38.3% |
|--------------------------------------+--------+-------+-----------|
| EBIT Operating income | 208.0 | 312.3 | -33.4% |
|--------------------------------------+--------+-------+-----------|
| Financial results | -108.4 | -30.8 | n.m. |
|--------------------------------------+--------+-------+-----------|
| Result before tax | 99.6 | 281.5 | -64.6% |
|--------------------------------------+--------+-------+-----------|
| Proceeds from the sale | - | 640.6 | |
| of discontinued operation | | | |
|--------------------------------------+--------+-------+-----------|
| Net income | 48.8 | 916.5 | n.m. |
| thereof Jelmoli | 47.2 | 917.4 | n.m. |
| shareholders | | | |
+-------------------------------------------------------------------+
The Board of Directors will recommend a dividend of CHF 10.- per
registered share at the Annual General Meeting of June 16, 2009.
Further details on the 2008 accounts and prospects will be announced
by Michael Mueller, Delegate of the Board of Directors and CEO, and
Markus Meier, CFO, during today's press conference at 11.00.
We regret that no questions can be answered until then.
Balance sheet press conference
Tuesday, April 28, 2009, 11.00, Zurich Marriott Hotel (Room
Pendulum), Zurich
Financial analysts conference
Tuesday, April 28, 2009, 13.30, Zurich Marriott Hotel (Room
Pendulum), Zurich
Contact persons
Media: Dr. Daniel Gfeller, Secretary General
Tel. +41 (0)44 220 42 29 Fax +41 (0)44 220 40 10
Analysts: Michael Mueller, Delegate of the Board of Directors / CEO
Tel. +41 (0)44 220 49 13 Fax +41 (0)44 220 40 10
Markus Meier, CFO
Tel. +41 (0)44 220 47 80 Fax +41 (0)44 220 40 10
Internet: www.jelmoliholding.ch / www.huginonline.ch/JEL
WAP mobile: wap.huginonline.com (Press Releases Jelmoli)
E-mail: info@jelmoliholding.ch
--- End of Message ---
Jelmoli
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Jelmoli über
WAP:
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St. Annagasse 18 Zürich
WKN: 851225; ISIN: CH0000668464; Index: SMCI, SPI, SPIEX;
Listed:
Main Market in SIX Swiss Exchange;
http://hugin.info/100248/R/1308772/301900.pdf
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