German company Gerresheimer Glas, a subsidiary of VIAG, was able to continue the positive business development recorded in the first half in all its divisions in the second half of the financial year …
German company Gerresheimer Glas, a subsidiary of VIAG, was able to continue the positive business development recorded in the first half in all its divisions in the second half of the financial year to 30 November 1995. The company said the prerequisites for the payment of an “appropriate dividend” had thus been fulfilled. Gerresheimer last paid a dividend (of DM 5 per share) in 1992. Gerresheimer said its group first-half profit had more than doubled to DM 30 million after tax. According to the company, the turnaround shows that the strategic reorientation of the group was the right move. Gerresheimer“s activities have shifted to more profitable and less cyclical segments. Gerresheimer Glas also announced that Dr. Gunther Berger is to step down from the management board following the company“s annual general meeting in June 1996. He will transfer to the supervisory board. Berger will continue to function as a consultant to Gerresheimer and the VIAG group.