Mannheim, 22. Februar 2001.
Impressive Corporate Growth of MVV Energie AG through New Participations
Mannheim, February 22, 2001. - MVV Energie AG significantly improved its volume, sales and EBIT in the first quarter of fiscal year 2000/01 despite unusually milder weather conditions compared to last year. Sales increased by 67% compared to last year to DM 548 million. Earnings before interest, taxes and depreciation (EBITDA) improved by 43%. Earnings before interest and taxes (EBIT) were up 34% to DM 68 million. Earnings after taxes rose 15% to approx. DM 26 million. Cash flow grew 39% to DM 69 million. This healthy corporate growth was based mainly on participations that were consolidated for the first time, particularly Energiever-sorgung Offenbach AG (EVO). Without taking the participations into account, sales increased by 17% to approx. DM 375 million and EBIT by 4% to approx. DM 53 million.

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Internet: www.mvv-investor.de