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Blijdenstein-Willink News



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 Monday November 12 2001
Blydenstein and Hatefa discontinue talks
Blydenstein-Willink, the Dutch manufacturer and distributor of home furnishings, and Dutch textiles printing company Hatefa decided 'by mutual agreement' to discontinue talks about a possible merger of the textile printing business Lakatex BV (a subsidiary of Blydenstein-Willink) and Hatefa BV. The parties failed to come to an agreement about the conditions of a merger.

Friday March 16 2001
Blydenstein-Willink is seeking partners
Blydenstein-Willink, the Dutch manufacturer and distributor of home furnishings, incurred losses of EUR 172,000 in 2000. Turnover rose by over 2% to EUR 46.3 mln in the past year. Blydenstein-Willink did a study in the autumn of 2000 in which every operating company was carefully analysed. The study concluded that all activities offer sufficient perspectives provided that changes are made in the field of collaboration.

Thursday August 24 2000
Blijdenstein-Willink H1 net loss EUR 1.6 mln
Blijdenstein-Willink reported on Thursday a net loss for the first-half of 2000 of EUR 1.6 mln, compared with a net loss of EUR 0.2 mln the company booked in the comparible period of 1999. Turnover increased 2% from EUR 23.5 mln to EUR 24.0 mln. Operating income fell from an operating profit of EUR 0.2 mln for the first-half of 1999 to an operating loss of EUR 1.0 mln for the first-half of 2000.

Monday March 20 2000
Blijdenstein-Willink profit plunges
Blijdenstein-Willink reported on Monday net profit for 1999 fell to to EUR 62,000, compared with net profit of EUR 841,000 the company booked in the comparible period of 1998. A fire at the company's main customer depressed sales. Turnover decreased 6% from EUR 48.2 mln to EUR 45.2 mln. Operating income fell 44% from EUR 1.6 mln to EUR 0.9 mln. Earnings per share for 1999 fell EUR 0.46 to EUR 0.04, compared with earnings per share of EUR 0.50 for 1998.

Monday February 14 2000
Rumours drive Blydestein price
The price of shares in textiles group Blydenstein-Willink has risen sharply during the last two sessions of the Amsterdam stock exchange. Traders said the price was boosted by rumours of a merger, and pointed to Ten Cate which recently said it was seeking a partner. Blydestein closed 17% higher on Monday, after gaining 27% on Friday. Volume in the issue was heavy on both days.

Thursday August 19 1999
Blijdenstein-Willink H1 in the red
Blijdenstein-Willink reported on Thursday a net loss of EUR 221,000 for the first-half of 1999, compared with net profit of EUR 431,000 the company booked in the comparible period of 1998. Turnover decreased 9% from EUR 25.9 mln to EUR 23.5 mln. Operating income fell EUR 0.5 mln from EUR 729,000 to EUR 214,000.

Tuesday July 20 1999
Blydenstein-Willink issues profit warning
Blydenstein-Willink, manufacturer of window coverings and technical textiles, issued a profit warning on Tuesday. The company said it will book a lower net profit for the first-half of 1999 compared with the NLG 0.9 mln the company booked for the first-half 1998, mainly due to a fire at the company's biggest customer BW Industrial (technical textiles) earlier this year.

Tuesday April 6 1999
Blydenstein-Willink to remain niche player
Blydenstein-Willing expects earnings to increase next year despite uncertain market conditions. The company is to concentrate on industrial textiles and window coverings which it views as growth sectors. Blydestein intends to remain a niche player working with its customers to develop and make new products.

Thursday March 18 1999
Blijdenstein-Willink net profit NLG 1.9 mln
Blijdenstein-Willink reported on Thursday net profit for 1998 rose by NLG 1.6 mln to NLG 1.9 mln, compared with net profit of NLG 0.3 mln the company booked in the comparible period of 1997. Turnover decreased 3% from NLG 109.2 mln to NLG 106.2 mln. Operating income doubled from NLG 1.8 mln to NLG 3.5 mln. Earnings per share for 1998 increased from NLG 0.18 to NLG 1.11.

Thursday August 20 1998
Blijdenstein-Willink H1 net profit up NLG 0.8 mln
Blijdenstein-Willink reported on Thursday net profit for the first-half of 1998 increased with NLG 0.8 mln to NLG 0.9 mln, compared with net profit of NLG 0.1 mln the company booked in the comparible period of 1997. Turnover decreased with 2% from NLG 58.4 mln to NLG 57.0 mln. Operating income increased from NLG 0.9 mln to NLG 1.6 mln. Earnings per share increased from NLG 0.04 to NLG 0.57. The company is forecasting a further improvement for full-year 1998.

Tuesday April 7 1998
Blydestein-Willink climbs out of the red
Blydestein-Willink reports a net profit of NLG 300,000 for 1997, compared with a loss of NLG 2.9 mln for the previous year. Blydestein-Willink has set aside NLG 10 mln for investments. The company aims to expand its production capacity at its technical textiles division by 25%. The company also plans to buy a new coatings machine for its interior fabrics unit Lakatex.

Tuesday March 17 1998
Blydenstein-Willink reports net profit of NLG 0.3 mln
Blydestein-Willink reports a net profit of NLG 0.3 mln for 1997, compared with a net loss of NLG 2.9 mln. Turnover rose by 7% to NLG 109.2 mln. The company booked earnings per share of NLG 0.18, compared with a loss per share of NLG 1.76 for 1996. For 1998, management forecast further improvement of results. The increase in sales last year was generated entirely from venetian blinds and technical textiles, which range from sailcloth to cable coverings.

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