Pfleiderer AG / Key word(s): Miscellaneous/Miscellaneous
11.10.2010 10:16
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
Neumarkt, October 11, 2010 - The Executive Board and the Supervisory Board
of SDAX-listed Pfleiderer AG (ISIN DE 0006764749) have approved the
decision of the management of Business Center Western Europe to permanently
shut down the production plant in Gschwend, Germany. The reason for this
decision is the sharp decrease in demand for particleboard caused by the
recession, which is leading to structural adjustments in the industry. The
Gschwend plant has been on short-time work for the past 13 months due to
sustained operation at well below its optimum capacity. The closure will
burden earnings in the fourth quarter 2010 by a good 9 million euros.
The Executive Board of Pfleiderer Aktiengesellschaft
Contact:
Lothar Sindel
Vice President Investor Relations
Tel.: +49 (0)9181 28 8044
Fax: +49 (0)9181 28 606
E-mail: lothar.sindel@pfleiderer.com
11.10.2010 10:16 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: Pfleiderer AG
Ingolstädter StraÃe 51
93218 Neumarkt
Deutschland
Phone: +49 (0)9181 28 - 8044
Fax: +49 (0)9181 28 - 606
E-mail: lothar.sindel@pfleiderer.com
Internet: www.pfleiderer.com
ISIN: DE0006764749
WKN: 676474
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Hamburg, München, Berlin, Düsseldorf, Stuttgart
End of Announcement DGAP News-Service
---------------------------------------------------------------------------
DGAP-Adhoc: Pfleiderer AG: Pfleiderer AG permanently shuts down plant in Gschwend
| Source: EQS Group AG