The Kleemann group has reported strengthening of its financial figures for the 6-month period of 2008, despite the international economic crisis which creates side effects for the construction and housing markets.
Specifically, according to the Financial Statements of the first 6-month period, the consolidated turnover amounted to € 58.33 million against € 51.16 million, presenting an increase of 14,0%. Consolidated profit before tax, interest and depreciation (EBITDA) improved from € 9.46 million to € 10.76 million that is to say by 13,7%, while consolidated profit after tax increased by 6,8% amounted to 6.48 million. Profit before taxes amounted to € 8.74 million against € 8.20 million the equivalent period of last year, presenting an increase of 6,6% and profit after tax and minority rights increased by 0,4%, from € 5.58 million to € 5.60 million.
KLEEMANN hereby announces that the Figures and Information for the period 01.01.2008 - 30.06.2008 will be published in the newspaper NAFTEMPORIKI on Thursday August 28th, 2008. Furthermore, the Financial Report for the six months ended 30 June 2008 will be available the same day on the Company's site www.kleemann.gr as well as on the Athens Exchange site www.ase.gr
A N N O U N C E M E N T OF 31/07/2008
KLEEMANN HELLAS S.A.
Announcement regarding company's share capital and number of outstanding shares according to law 3556/2007
The Board of Directors of the company under the name "KLEEMANN HELLAS S.A." informs the investors that the Ordinary General Meeting of the company's shareholders, which took place on 19/06/2008, decided, amongst others, the increase of the company's share capital by 3.902.035,50 Euro with capitalization of the equivalent from the special reserve formed from the difference in the issuance price of shares above par.
The Ordinary General Meeting of the company's shareholders, which took place on 19/06/2008, decided the increase of the company's share capital by 3.902.035,50 Euro with capitalization of the equivalent from the special reserve formed from the difference in the issuance price of shares above par.
Distribution of Dividend
KLEEMANN announces that, according to the article 279 of the Athens Stock Exchange Regulation and the decision of the Ordinary General Meeting of the Shareholders on June 19, 2008, the dividend for the fiscal year 2007 amounts to Euro 0.32 per share. Beneficiaries of the above mentioned dividend are the holders of the Company's shares at the end of the Athens Exchange's trading session on Monday, July 7, 2008. Ex-dividend date was assigned Tuesday, July 8, 2008.
It is noted that the dividend yield amounts to 4,2%, based on the closing price at 18/06/2008, risen by 6,7% compared to the previous fiscal year.
Beneficiaries of the aforementioned dividend are going to be the shareholders of the Company at the end of the session of Athens Stock Exchange on Monday 07 of July 2008.
From Tuesday July the 08th 2008, the shares will be traded at the Athens Stock Exchange, ex-dividend. The payment of the dividend of the financial year 2007 will start on Wednesday the 16th of July 2008.
Decisions of the Annual Regular General Meeting
KLEEMANN HELLAS S.A. announces that, according to Article 278 of the Athens Exchange S.A Regulation, on Thursday 19 June 2007 and 14:00 p.m., its shareholders assembled at the scheduled Annual Regular General Meeting at the head offices (Industrial Area of Stavrochori - Kilkis). Fifteen (15) shareholders were present, owners of 8.593.857 shares of total 11.824.350 number of shares, namely the 72,68%. On the topics of the General Meeting the shareholders acting unanimously:
Announcement of a draft of the Articles of Association of the Company
KLEEMANN announces in accordance with article 19 par.2 of L 3556/2007 and in view of the Annual General Meeting of Shareholders of 19.6.2008, that a draft of the proposed amendment of the Articles of Association of the Company due to harmonization of its provisions with the new provisions of Codified Law 2190/1920 (following Law 3604/2007), is available in electronic format on the Company's website, www.kleemann.gr and on Athens Stock Exchange website, www.ase.gr.
KLEEMANN announces that the Financial Calendar 2008 has been amended as follows: Ex-Dividend Date: Tuesday, 08 July 2008 instead of Tuesday, 15 July 2008, Dividend's Start Date of Payment: Wednesday, 16 July 2008 instead of Wednesday, 23 July 2008, as primary announced.