029 Group SE

Earnings Release • Jan 18, 2000

News Details

Ad-hoc | 18 January 2000 13:46

Ad hoc-Service: SZ Testsysteme AG engl. sz

Ad-hoc Mitteilung übermittelt durch die DGAP. Für den Inhalt der Mitteilung ist allein der Emittent verantwortlich. —————————————————————————— PRESS RELEASE SZ Testsysteme increases its sales forecast by more than 15 percent Amerang, January 18, 2000. SZ Testsysteme AG in Amerang near Wasserburg has increased its sales forecast for the current 1999/2000 financial year (30.9) by almost 17 percent from DM 60 million to DM 70 million. This is equivalent to a sales increase of more than 55 percent in comparison with the 1998/99 financial year (DM 44.9 million). Earnings before interest and taxes (EBIT) are estimated at approximately 14 percent. The company gave the outstanding market position and the excellent level of new orders received in the fist quarter as the reason for the increased forecast figures; new orders rose from DM 7.5 million to DM 21 million and were 180 percent higher than in the previous year. Please contact the following for further information: Engel & Zimmermann AG SZ Testsysteme AG Agentur für Wirtschaftskommunikation Sybille Geitel Ellen Hell Tel.: 089/89 35 633 Tel.: 08075/17-111 sgeitel@engel-zimmermann.de ehell-@sz-testsysteme.de Ende der Mitteilung