Press release - Statement Stork
Stork has taken notice of the article which has appeared in Het Financieele Dagblad of Saturday 10 April. In the article, it is stated that “Stork is on the verge of being split up”. Although it is not customary for Stork to react on rumours in the media, at this point Stork would like to stress that the abovementioned statement is incorrect.
The Supervisory Board and Management Board of Stork have not taken any decision in relation to (the preparation of) a sale or IPO of the strategic units mentioned.
Earlier, Stork has stated that it is likely that in the longer term its strategic units, Technical Services and Fokker Aerospace, will continue on a stand alone basis but that this will not be effected in the shorter term.
At the time of delisting, Stork has communicated that it has a clear strategy which for both units focuses on continuously improving operational performance on the one hand and further strengthening of market positions on the other.
The further alignment of and improvements in both units will proceed with full force. In this context, the former business units of Stork Technical Services have recently been joined together, resulting in a better positioning for further development of international activities.
This also applies to Fokker Aerospace, which has a strong base in The Netherlands from where it services its customers. Our actions are permanently focused on applying the combined strengths of the Fokker Group to achieve commercial success and to enable it to capitalize on future opportunities.
These examples are actions which closely fit in a clear strategy for the future, which we will continue decisively.
Press Information:
Hans Turkesteen (CFO)
+ 31 (0) 35 69 57 427
hans.turkesteen@stork.com