publication full year results 2003
Aalberts posts 14% rise in net profit, strong balance sheet
highlights
- net profit up by 14% to eur 53.7 million
- net earnings per ordinary share rose by 5% to eur 2.26
- cash flow from operations up 20% to eur 144.1 million
- growth in turnover by 11% to eur 784.6 million
- significant reduction in interest-bearing debts
- capital base advances to 32.7% of total assets
- further enlargement in European network for Material Technology
- position in European Flow Control market expanded