Allgeier SE — Earnings Release 2001

Nov 6, 2001

News Details

Ad-hoc | 6 November 2001 22:29

Allgeier Computer AG english

Allgeier Computer AG reduces sales and earnings forecast for 2001 Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Bremen, Germany, 06 November 2001 In spite of operative improvements in its core field of business Allgeier Computer AG expects lower sales and earnings figures in the business year 2001 than those originally forecasted. Besides reduced sales abroad due to the sale of its US subsidiary, the forecast had to be lowered especially because of cyclical difficulties encountered in the targeted customer sector of the wood and building material industry after an unexpectedly weak third quarter and reduced expectations for the fourth quarter. The changed situation in terms of sales has the effect that the forecast earnings will not be achieved despite an improvement in operative earnings as compared with the previous year. The company will therefore expect a turnover of 9 million Euro (forecast: 12 million Euro) and earnings before tax (EBT) of -1.4 million Euro (forecast: 0.1 million Euro) for the current business year. These earnings already include non- recurring expenditure for the recently announced staff measures amounting to about 0.5 million Euro. Furthermore, costs incurred in preparations and negotiations of aimed acquisitions were another burden on earnings. In view of the participations at issue, the supervisory board of Allgeier Computer AG decided in its today’s meeting that the company’s management board will be extended. Mr Christian Eggenberger, who resigned as a member of the company’s supervisory board with effect of the end of today’s supervisory board meeting, was appointed member of the management board. Mr Eggenberger was last acting as managing director of an investment company. For questions: Edith Reska Investor Relations Hans-Bredow-Straße 60 D-28307 Bremen Germany Phone: +49 (0)421 – 43 84 12 12 Fax: +49 (0)421 – 43 84 12 58 E-Mail: ir@allgeier.com end of ad-hoc-announcement (c)DGAP 06.11.2001 ——————————————————————————– WKN: 508630; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Stuttgart, München, Berlin, Bremen, Hamburg, Hannover, Düsseldorf 062229 Nov 01