(BFW) Haniel Has More Than EU1b Available for Acquisitions


Haniel Has More Than EU1b Available for Acquisitions
2014-08-29 09:33:28.576 GMT


By Alexander Kell
Aug. 29 (Bloomberg) -- Haniel is ramping up search for new
divisions after gaining EU698m from selling its Celesio stake.
* 1H oper. profit EU116m vs EU90m
* Profit after taxes EU564m vs EU84m
* Sees 2014 rev. growth in low double-digit percentage range,
saw high single-digit percentage growth excluding FX
* Sees significantly higher oper. profit, profit in 2014
* NOTE: Haniel owns 30% of Metro, according to Bloomberg data
Statement

For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>

To contact the reporter on this story:
Alexander Kell in Frankfurt at +49-69-92041-211 or
akell@bloomberg.net
To contact the editors responsible for this story:
Mariajose Vera at +49-89-244478-803 or
mvera1@bloomberg.net
Jurjen van de Pol