029 Group SE

Earnings Release • Jul 27, 2001

News Details

Ad-hoc | 27 July 2001 07:30

SAP Systems Integr. AG english

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Dresden, 27 July 2001. Today, SAP Systems Integration AG (SAP SI) announced solid growth during the first half of the current fiscal year. In its six-month interim report, the IT consulting company also reaffirmed its revenue, earnings and personnel recruitment targets for the fiscal year 2001. During the first half of 2001, SAP SI saw its half-year revenues rise by 48 % to Euro 125.7 million (first six months of 2000: Euro 84.9 million). 88.9 % of revenues (Euro 111.8 million) were accounted for by the segment Consulting & Project Management and 8.9 % (Euro 11.2 million) by the segment Outsourcing & Application Services. The Product segment accounted for 2.2 % (Euro 2.7 million). The operating profit before goodwill amortization grew by 61 % during the reporting period from Euro 12.4 million to Euro 20.0 million. This represents an improvement in SAP SIs operating profit margin up to 15.9 % compared with 14.6 % for the same period in the previous year. Consolidated earnings per share before goodwill amortization doubled during the first six months from Euro 0.18 to Euro 0.39. Orders on books increased to Euro 121 million as at June 30, 2001. The number of company employees increased by 28 % compared with the previous year rising from 1,164 to 1,486. Further Information: Stephan Kahlhöfer, SAP SI AG, +49-351-4811-160, investor@sap-si.com end of ad hoc announcement (c) DGAP 27.07.2001 ——————————————————————————– WKN: 501 111; Index: Nemax 50 Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München, Stuttgart 270730 Jul 01