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Draka Holding NV
AMS:DRAK ISIN:NL0000347813
News
Draka Holding NV (AMS:DRAK) Draka expects an operating result in the range of € 130-135 million and a net result of some € 80-85 million for 2008 (both before exceptionals)
Draka Holding NV (AMS:DRAK) Total Cost Savings of € 15 Million Expected from 2010
Draka Holding NV (AMS:DRAK) The Board of Management of Draka Holding N.V. announces that it has signed a new joint venture agreement which will extend the Yangtze Optical Fibre and Cable Co. Ltd (YOFC) joint venture by another twenty years until May 2028. In a reaction Sandy Lyons, Chairman and CEO of Draka, said: 'We are very pleased with this new agreement which underscores Draka's long term relationship with YOFC as a technology partner. Via YOFC, the market leader in optical fiber and optical fiber cable in China, Draka will continue to benefit from the sound growth prospects in the largest optical fiber market in the world.'
Draka Holding NV (AMS:DRAK) First-half results 2008
Draka Holding NV (AMS:DRAK) In line with Draka's Stop, Swap and Share programme (Triple S programme) the Board of Management of Draka Holding N.V. announces that it intends to stop production of copper wire in its Llanelli (UK) copper wire factory and consolidate production in other factories, within Europe, where wire drawing is already part of the integrated manufacturing process.
Draka Holding NV Draka expects a limited increase in operating result and a strong improvement in net income in the first half of 2008 despite currency impact
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