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Place de cotation: EURONEXT
AMSTERDAM STOCK EXCHANGE
Draka Holding N.V., with
its head office in Amsterdam, is the holding company for a number of operating
companies which are engaged worldwide in the development, production and
sale of cable and cable systems. Draka focuses on two product groups: Telecommunication
Cables & Systems and Low-Voltage & Special-Purpose Cable. In 2002,
Draka achieved net turnover of €1.5 billion, with a result on ordinary
activities of €25.1 million negative. Before restructuring charges,
the net result was € 9.5 million positive. The Telecommunication Cables
Systems Product Group contributed approximately 19% of net turnover in
the period and the Low-Voltage & Special-Purpose Cable Product Group
accounted for the remaining 81%
Draka has 60 operating
companies in 25 countries in Europe, North and South America and Asia.
In 2002, Draka achieved 72% of its turnover in Europe. Outside Europe Draka's
activities are primarily concentrated in North and South America
(14%) and, increasingly, in Asia (14%).
Draka’s customers include
electrical wholesalers, electrical installation companies, original equipment
manufacturers (OEMs – such as elevator manufacturers and the automotive
industry), traditional telecommunication network operators and data communication
network operators.
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