Demag Cranes to release preliminary figures on 27 November 2006
Düsseldorf, 12. November 2006
In addition to its financial calendar, Demag Cranes AG will release preliminary figures on Group level for the 2005/2006 fiscal year on 27 November 2006 (year ending 30 September 2006). Furthermore, publication of the annual report, which was scheduled to be released on 30 January 2007, will be brought forward to 25 January 2007. On the same day, the annual press conference will be held in Düsseldorf and an analysts' conference will take place in Frankfurt.
About Demag Cranes AG
The Demag Cranes Group is one of the world's leading providers of industrial cranes and crane components, harbor cranes and port automation technology. Services, in particular maintenance and refurbishment services, are another core element of its business activities. The Group, which is divided into the Industrial Cranes, Port Technology and Services segments, has strong brands - 'Demag' and 'Gottwald'. Demag Cranes believes that it is a global market leader, by virtue of its innovation and technology leadership, its excellent product and service quality and its close and long-term customer relationships. Demag Cranes manufactures in 16 countries on five continents and operates a worldwide sales and service network that is present in over 60 countries through its subsidiaries, representative offices and a joint venture.
For the fiscal year 2004/2005, the Group reported total sales of € 881.6 million and an adjusted EBIT of € 64.0 million (Combined Financial Statements prepared in accordance with IFRS).