AM on course with 43% growth in net result

AM NV (formerly Amstelland MDC) reports 43% growth in net result, up from €52.2 million in 2002 to €74.9 million in 2003. Operating income was 34% higher at €1,133.4 million, compared with €846.8 million in 2002. Earnings per share rose 13% to €0.86 (2002: €0.76). A dividend of €0.43 per share is proposed, representing an increase of 30% compared with the 2002 dividend of €0.33. For 2004, AM is predicting organic growth in earnings per share in the 5