029 Group SE

Earnings Release • May 16, 2001

News Details

Ad-hoc | 16 May 2001 08:09

Ad hoc-Service: SZ Testsysteme AG english

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Amerang, May 16, 2001. SZ Testsysteme AG, Amerang near Wasserburg, was able to increase results from ordinary activities in the second quarter of the 2000/2001 fiscal year (ending September 30) to DM 5.4 million (Euro2.8m) (all figures have been adjusted for expenditures for the capital increase of DM 3.2 million (Euro1.7m) in the first quarter, and of DM 0.2 million (Euro0.1m) in the second quarter). This corresponds to an increase of 177 percent over the same quarter in the previous year (DM 1.95 million, Euro1m). The accumulated result realized by the Company for the first six months amounted to DM 9.1 million (Euro4.7m), more than three times higher than the prior year value (DM 3 million, Euro1.5m). In the second quarter, SZ Testsysteme generated EBIT of DM 5.2 million (Euro2.7m), and in the first six months EBIT of DM 9.2 million (Euro4.7). This represents a 169 percent expansion over the second quarter of the previous year (DM 1.94 million, Euro1m) and more than three times as much compared with the first six months of 1999 / 2000 (DM 2.9 million, Euro1.5m). The EBDIT recorded in the second quarter was DM 7.2 million (Euro3.7m) (prior- year period: DM 3.3 million, Euro1.7m), and for the fist six months DM 12.7 million (Euro6.5m) (prior-year period: DM 5.1 million, Euro2.6m). This means that in the first half of the current financial year, SZ Testsysteme AGs EBIT represented 14.3 percent of sales and its EBDIT 19.7 percent. The earnings per share in the first six months were DM 1.09 (Euro0.56), which was more than three times higher than in the first half of the previous year (DM 0.34, Euro0.18). The following represents an overview of the most important ratios: 2nd Qtr. 012nd Qtr. 00Change in percent SalesDM 33.8 millionDM 17.3 million+ 95 % Result from ordinary activitiesDM 5.4 millionDM 1.95 million+ 177 % EBITDM 5.2 millionDM 1.9 million+ 169 % EBDITDM 7.2 millionDM 3.3 million+ 120 % Earnings per shareDM 0.64 DM 0.29 + 123 % The detailed Quarterly Report will be available on the Web page of the Company starting May 16, 2001 at 9:00 a.m. end of ad hoc announcement (c) DGAP 16.05.2001 ——————————————————————————– WKN: 506730; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 160809 Mai 01