Rheinmetall AG / Key word(s): Strategic Company Decision
28.07.2011 20:33
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Disclaimer
NOT FOR DISTRIBUTION IN THE UNITED STATES
This ad hoc announcement does not constitute an offering of securities or
otherwise constitute an invitation or inducement to any person to
underwrite, subscribe for or otherwise acquire or dispose of securities in
Rheinmetall AG or any of its direct or indirect subsidiaries. The
information contained in this ad hoc announcement is not for distribution,
directly or indirectly, into the United States or to U.S. Persons.
Rheinmetall is analysing the continuation of its two-pillar strategy
Düsseldorf based Rheinmetall is analysing the sustainability of its two
pillar-strategy which comprises the Automotive and Defence divisions. Both
businesses should be given the opportunity to further develop their market
positions with more flexibility. In this context Rheinmetall is exploring
the possibility of an IPO of Kolbenschmidt Pierburg AG, which represents
the Automotive division of the Group. The Executive Board, however, will
keep the option open to maintain its current two-pillar strategy.
Rheinmetall Group with its two divisions Automotive and Defence achieved
sales of about EUR4 billion in fiscal 2010.
Kolbenschmidt Pierburg AG, based in Neckarsulm, is a supplier to the
automotive industry with a clear focus on powertrain systems and components
designed to reduce engine emissions. It offers a broad range of products in
the fields of air supply, emission control and pumps as well as pistons,
engine blocks and bearings. In 2010 Automotive posted sales of about EUR2
billion.
Rheinmetall Defence stands out prominently among the world's top suppliers
of defence technology and security equipment. Employing about 9,000
employees Rheinmetall Defence reached sales of about EUR2 billion in fiscal
2010.
28.07.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Rheinmetall AG
Rheinmetall Platz 1
40476 Düsseldorf
Germany
Phone: +49 (0)211 473-4777
Fax: +49 (0)211 473-4157
E-mail: franz-bernd.reich@rheinmetall.com
Internet: www.rheinmetall.com
ISIN: DE0007030009
WKN: 703000
Indices: MDAX
Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, München, Stuttgart; Freiverkehr in
Hannover
End of Announcement DGAP News-Service
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