Summary:
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Fourth quarter 2002 |
Financial year 2002 |
In million euro
Total revenues |
811.0 (- 5.4%) |
3,176.1 (- 1.8%) |
| EBITDA |
119.4 (+ 4.3%) |
423.2 (+ 1.0%) |
| EBIT |
70.1 (+ 13.0%) |
226.1 (+ 0.6%) |
| Net income** |
37.8 (+ 23.2%) |
112.5 (+ 7.1%) |
In euro
Net income per share** |
0.44 (+ 24.1%) |
1.30 (+ 8.8%) |
- Océ net income increases in 2002 by 7.1% compared to 2001.
- Net income per share amounts to euro 1.30; this is 8.8% higher than in the previous year.
- Total assets reduced by euro 257 million (8%) compared to 2001 financial year.
- Restructuring is well on track.
- Océ proposes to pay shareholders unchanged dividend for 2002 financial year of euro 0.58 per ordinary share of euro 0.50 nominal.
- Market conditions make it impossible to give a forecast for 2003.
* The figures for the bookyear 2002 and fourth quarter contained in this report are unaudited. The figures are drawn up on the basis of Dutch GAAP; as compared to the Annual Financial Statements for 2001 no changes have taken place in the financial reporting principles.
The definitive results, including the consolidated balance sheet, the summary statement of shareholders' equity and a summary cash flow statement, will be published on 31 January 2003.
** Before exceptional items in 2001.
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