Océ N.V. confirms final results fiscal year 2005
Final results 2005, dividend 2005 and Annual General Meeting of Shareholders 2006
Final results 2005
Océ confirms that the final results under Dutch GAAP for the 2005 financial year are equal to the provisional results that were published on January 16, 2006. This means total revenues of € 2,677.3 million, operating income of € 110.1 million, net income of € 78.8 million and net earnings of € 0.92 per € 0.50 ordinary share.
The results under US GAAP will differ substantially from those under Dutch GAAP because the release of the pension provision in the Netherlands will, under US GAAP not be credited to the Statement of Operations in 2005 but in subsequent years.
Dividend 2005
As announced on January 16, 2006 it will be proposed to shareholders to adopt a dividend for the 2005 financial year of € 0.58 (2004: also € 0.58) per ordinary share of € 0.50 nominal. Upon adoption of this proposal the final dividend per ordinary share for 2005 will be € 0.43; the interim dividend amounted to € 0.15. It is proposed to pay out the final dividend fully in cash. The dividend will be made available for payment as from May 8, 2006. Shares in Océ N.V. will be listed "ex-dividend" as of April 24, 2006.
General Meeting of Shareholders
The Annual General Meeting of Shareholders will be held in Venlo on Thursday, April 20, 2006, commencing at 14.00 hrs. The agenda for this meeting will be available in printed form and also via the internet (investor.oce.com) as of March 23, 2006.
Annual Report 2005
The annual report will be published on the Internet (investor.oce.com) on February 1, 2006 and will be available in printed form as of February 17, 2006.
January 30, 2006
Océ N.V.,
Venlo, the Netherlands
For further information:
Nick Gale
Manager Media Relations
Océ Technologies
Tel.: +31.77.359.5628
Email: nick.gale@oce.com