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 Wednesday July 11 2001
Revised profit expectation AXA Stenman Industries NV for 2001
In advance of the half year report which will be published on Monday 27th August 2001 AXA Stenman Industries N.V. announced that, as a result of the general economic conditions and the disappointing activities in the house building and bicycle markets, sales for the first half year 2001 will be markedly under the first half year of 2000.

Monday February 19 2001
Axa Stenman growth of 2000 in net profit of 36.6%
AXA Stenman Industries has concluded the financial year 2000 with a growth in net profit of 36.6%. Turnover EUR 74.7 mln + 72.2% (1999: EUR 43.4 mln); Operating profit EUR 11.0 mln + 39.2% (1999: EUR 7.9 mln); Net profit EUR 6.9 mln + 36.6% (1999: EUR 5.0 mln); Net profit per ordinary share EUR 2.22 + 11.6% (1999: EUR 1.99); Cash flow EUR 10.0 mln + 51.2% (1999: EUR 6.6 mln); The increase in turnover was mainly due to the acquisition of Basta (bicycle products) and the excellent performance of the builders hardware product line.

Monday August 28 2000
AXA Stenman H1 net profit up 37%
AXA Stenman reported on Monday net profit for the first-half of 2000 increased 37% to EUR 3.5 mln, compared with net profit of EUR 2.6 mln the company booked in the comparible period of 1999. Turnover increased 76% from EUR 22.7 mln to EUR 40.0 mln. Both product lines made positive contributions to the growth in turnover in the first half of 2000.

Monday February 21 2000
AXA Stenman net profit up 16%
AXA Stenman reported on Monday net profit for 1999 increased 16% to EUR 5.0 mln, compared with net profit of EUR 4.3 mln the company booked in the comparible period of 1998. Turnover increased 6% from EUR 42.7 mln to EUR 45.2 mln. Operating income increased 14% from EUR 6.9 mln to EUR 7.9 mln. AXA Stenman announced plans to launch a share buy-back scheme, but did not specify the number of shares involved.

Thursday January 20 2000
AXA Stenman acquired Danish Basta
AXA Stenman announced on Thursday the acquisition of Danish Basta Group for EUR 12.5 MLN. Basta Group produces bycicle lightings and bycicle locks. Basta Group booked 1998 net profit of EUR 1.2 mln on turnover of EUR 23.8 mln. AXA said that it will issue new shares at EUR 17.00 per share to partly finance the acquisition. AXA also intends to buy-in its own shares with a maximum of one-third of the takeover sum to pay for the acquisition.

Friday January 14 2000
AXA Stenman in take over talks with Basta
AXA Stenman announced in a brief statement on Friday that it is in talks with Danish company Basta Group on a possible take over by AXA Stenman. The company provided no further details.

Monday August 23 1999
AXA Stenman H1 net profit up 15%
AXA Stenman reported on Monday net profit for the first-half of 1999 increased 15% to EUR 2.56 mln, compared with net profit of EUR 2.23 mln the company booked in the comparible period of 1998. Turnover increased 5% from EUR 22.5 mln to EUR 23.6 mln. Operating income increased 10% from EUR 3.68 mln to EUR 4.06 mln.

Thursday July 8 1999
AXA Stenman acquires all shares in AXA-Mag
AXA Stenman Industries of Veenendaal has increased its stake in its Polish joint venture AXA-Mag from 62.5% to 100%. The transaction is paid for in cash. AXA Stenman said the move would better position the company on the Polish market. AXA-Mag, which produces for the Dutch and Polish market, employs 50 people.

Monday February 22 1999
AXA Stenman net profit up 16%
AXA Stenman reported on Monday net profit for 1998 increased 16% to NLG 9.4 mln, compared with net profit of NLG 8.1 mln the company booked in the comparible period of 1997. Turnover increased 10% from NLG 85.2 mln to NLG 94.0 mln. Operating income increased 13% from NLG 13.5 mln to NLG 15.3 mln. Earnings per share for 1998 increased 16% to NLG 3.75, compared with earnings per share of NLG 3.24 for 1997.

Monday August 17 1998
AXA Stenman H1 net profit up 14%
AXA Stenman reported on Monday net profit for the first-half of 1998 increased with 14% to NLG 4.9 mln, compared with net profit of NLG 4.3 mln the company booked in the comparible period of 1997. Turnover increased with 13% from NLG 44.0 mln to NLG 49.5 mln. Both securities products and cycling accessories contributed to growth.

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