Franz Haniel & Cie. GmbH
HANIEL OFF TO A GOOD START
IN TERMS OF OPERATING PROFIT;
IMPAIRMENT LOSSES ON FINANCIAL
INVESTMENTS REDUCE EARNINGS
-
Strong
revenue growth
-
Haniel Group
operating profit
up
16 per cent
-
Integration within
CWS-boco, ROVEMA
and
Optimar
making good progress
-
Impairment losses on
financial investments
in
CECONOMY AG
and
METRO AG
significantly reduce profit before and after taxes
-
Investment-grade rating also from
Moody’s
-
Still more than
EUR 800 million
available for
portfolio expansion
-
On 24 August 2018, Haniel signed an agreement with EPGC to
sell up to 22.5%
of the ordinary shares in
METRO AG