Stork leave deadline desinvesteringen separately
AMSTERDAM (Dow Jones) - industrial concern Stork is
ricochet still of plan for February 2006 minimum of the current four
divisies.
Already this date must be considered as a pursuit and not if a
deadline says, Sjoerd Vollebregt in an explanation on the year results
to top man. A tight deadline is bad for our negotiation
position, thinks Vollebregt. The top man announced two years
suffered within three years ready be with the
desinvesteringsprogramma, with which the focus had be moved to the
activities of Stork. Today repeats Vollebregt want to "two,
maximum three divisies". Press to undertake action was then
large, reminds themselves Vollebregt. Market capitalisation was
around the 200 millions euro and analysts spoke of ’conglomerate
discount’ of approximately 100 millions euro. But
now we have an market capitalisation of 800 millions euro. Last
year the component Industrial component has ricocheted. The
divisies prints (among others machines for rotatiedruk), Poultry &
Food Processing (such as machines for slachterijen), Aerospace
(aviation) and Technical services (technical maintenance) remained.
Also ’overige activiteiten’ stand on nominatie
for sale. Below Food & fall; Diary, which occupy
themselves with matter such as "bottles fill with Yogo Yogo", thus
financially top man at Schonfeld. Vollebregt cannot be looked at
in the cards and do not say which component slims as a next, if it
reaches already sale. Because a deal does not go by "if we get
less than we think that it is landlord". The remaining
components will have grow, autonomously or by means of acquisitions.
According to financial top man Schonfeld is here "considerably
more" for available than the free fund of 112 millions euro plus the
credit facility of 300 millions euro. Schonfeld indicate that it
will be taken into account at the purchases currency implications.
This way Stork want diminish transactierisico’s in
dollars. Moreover Stork consider investments in lagelonenlanden.
For the coming two years the expected nettokasstromen in dollars
have been already covered. Schonfeld call particularly the
dollar dollar-exposures of the aerospace aerospace-divisie. For
each of the years 2005 and 2006 Stork expect nettokasstroom of 160
millions dollar. These have been covered entirely. The
rate on which cannot he give, in this this "dozens" several contracts
has happened. <! - - showBanner('336X280 ', ' MIDDLE);
//-->
A r t i k e l e n
03-02-2005
Recommendation Stork omhoog at Petercam 03-02-2005 Stork leaves
deadline desinvesteringen separately 03-02-2005 kempen & Co
reduces recommendation Stork 03-02-2005 Stork: 5 billion convert
from air bus and JSF 03-02-2005 Stork do not anticipate
desinvesteringen 03-02-2005 profit Stork 5% more higher 18-01-2005
Stork play also role at air bus A350 03-12-2004 ' JSF maintain in the
Netherlands ' 29-11-2004 ABN AMRO raise recommendation Stork
23-11-2004 Stork extend contract armoured conveyor more Article...
<! - - showBanner("120x600", "RIGHT");
showBanner("120x120", "TOP"); / --> <! - -
if(document.referrer &&
(document.referrer.toLowerCase().indexOf("www.msn) > 0|| document.referrer.toLowerCase().indexOf("entertainment.msn") > 0|| document.referrer.toLowerCase().indexOf("msn.telegraaf.nl/") > 0|| document.referrer.toLowerCase().indexOf("telegraaf.nl/msn") >
0)) {document.write("");} //--> © 1996-2004 daily the telegraph.
All rights reserve e-mail:
info@dft.nl Disclaimer
STORK rate
grafiek='/grafieken/dft_NL0000390664_INTRADAY_134_142_linear.png;
company='STORK; document.write("");
F O R U M
Still strongly underappreciated how high?? yielded 44, 3e q
2004 what the rate can be in 12maanden after now IFRS valutahandel of
Stork Dft-Commercials <! - - shows// var page = '
www.dft.nl/stijgersdalers/';// oas_ad('TopRight, 121, 173);
showBanner('121X173 ', ' RIGHT); / -->
Source "Stork leaves deadline desinvesteringen separately": telegraph
Head index page of "Stork leaves deadline desinvesteringen
separately"
|
|
|
|