Supplement to the press release of 17 OKTOBER 2006 concerning the acquisition of WYKO Holdings Limit
FromExecutive Board ERIKS group nv
Telephone+31-72 54 75 888
Date17 October 2006
SubjectSUPPLEMENT TO THE PRESS RELEASE OF ERIKS GROUP NV OF 17 OKTOBER 2006 CONCERNING THE ACQUISITION OF WYKO HOLDINGS LIMITED, GREAT BRITAIN
Confusion arose in the financial market concerning the aim for profitability at WYKO as stand alone company. So as to leave no doubt we inform as follows:
The aim is to increase WYKO’s EBITA, currently approx. 5.5% of sales, to 7 – 7.5% of sales in 3 to 4 years.