Record sales (plus 10 percent) and EBIT before special items (plus 5 percent) in 2007 Further high premium on cost of capital of 2.9 billion Outlook 2008: Higher sales and slightly higher EBIT before special items
Mid-Year 2007 Cost Reductions Establish Improved Earnings Outlook for 2008
Dr. Ulrich von Deessen (51) has been named the first Climate Protection Officer of BASF. As of May 1, 2008, he will also become the head of the global Competence Center Environment, Health and Safety as the successor of Ernst Schwanhold (59). Schwanhold will take over projects within BASF and will retire as of December 31, 2008.
About.com, one of the 15 most visited Web sites in the U.S., announced today that it has named two new vice presidents of sales. Tracy Raiser has joined About.com as vice president of sales, Central Region, and Chris Sanders has been appointed vice president of sales, Western Region.
Reed Elsevier, a world leading publisher and information provider owned equally by Reed Elsevier PLC and Reed Elsevier NV and traded on the London, Amsterdam and New York Stock Exchanges (London: REL; Amsterdam: REN; NYSE: RUK; NYSE: ENL), has reached an agreement to acquire ChoicePoint Inc. (NYSE:CPS), a premier provider of technology and information-based risk mitigation products in the United States.
Company Increases Dividend For 36th Consecutive Year
Twelve Months Ended The table below sets forth the Companys Credit Agreement EBITDA. Credit Agreement EBITDA is not a defined term under accounting principles generally accepted in the United States and should not be considered as an alternative to income from operations or net income as a measure of operating results or cash flows as a measure of liquidity.
