Friday, 29th May 2009, Velenje

Estimation of the business performance for the year 2009

In accordance with the assuring the equally informing of the public, the Management Board of the company Gorenje, d.d., is hereby announcing partial estimation of the business performance for the year 2009, which was presented within the presentation of the key anti-crisis activities and the effects, at the Press Conference, on 28 May 2009.
Although that the outlook for the second half of the year is more promising, will be the revenue lower by around 12 %. In spite of very difficult year will Gorenje in the year 2009 achieve EBIT over 7 million euro, the level of investments will be at 25 million euro and Gorenje will generate the free cash flow in the amount of 25 million euro.