Ad-hoc Announcement pursuant to § 15 of the German Securities Trade Act (WpHG)31.07.2011
approx. 8:47 p.m. | Elmar Duffner joins ALNO AG’s management board as COO
ALNO AG, which is Germany’s second biggest and Europe’s fourth biggest kitchen manufacturer, serves a wide range of customer target groups and price segments through its ALNO, WELLMANN, IMPULS and PINO brands. The company has three subsidiaries abroad and around 7,000 sales and distribution partners in 64 countries. Foreign sales accounted for 28.4% of revenues in the 2010 business year. The company’s strategic goal under the leadership of Elmar Duffner is to significantly increase revenues from foreign sales.
Elmar Duffner was managing director of Poggenpohl Möbelwerke GmbH from 2002, where he successfully drove forward the international expansion of the premium kitchen manufacturer. Under his leadership the company grew at above-average levels and consistently posted a positive earnings performance. Elmar Duffner has been President of the Association of the German Furniture Industry since 2008 and sits on the board of several other industry associations.
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