Most successful year to date

18.06.2003

Sagaflor increases sales by 12 per cent

Sagaflor AG of Baunatal increased its net sales last year by 12 per cent to 220 mio euro. The reimbursement and bonuses to associated member companies increased by 17 per cent. In addition, the equity was increased by just under 1 mio euro and further reserves were created. The dividend payment per share was also above average. Managing board spokesman Klaus-Dieter Lattemann described the first year of the new AG as the most successful financial year to date in the history of Sagaflor. As of 31 May, sales had increased by a further 5 percent in the central regulatory system, so that a positive result looks likely for the current financial year also.
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