In 1995/96 (the year to 30 November), the German drinks bottles manufacturer Gebrueder Stoevesandt AG, a subsidiary of Gerresheimer Glas AG, increased turnover against the truncated financial year Jan…
In 1995/96 (the year to 30 November), the German drinks bottles manufacturer Gebrueder Stoevesandt AG, a subsidiary of Gerresheimer Glas AG, increased turnover against the truncated financial year January-November 1995 to DM 76 million (from DM 67.8 million). Investment rose to DM 3 million from DM 1.4 million while writedowns fell to DM 6.5 million from DM 7.7 million). Profits of DM 3.4 million were transferred to the parent company.