Bechtle AG — Earnings Release 2003

Nov 13, 2003

News Details

Ad-hoc | 13 November 2003 04:58

Bechtle AG english

Bechtle expects higher earnings Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Bechtle expects higher earnings Gaildorf, 13.11.2003. With the presentation of its final figures for the third quarter today, IT system house Bechtle adjusts the anticipated sales and earnings levels previously announced. The Executive Board now assumes that the final pre-tax earnings (EBT) previously predicted for the current year of up to 23 million euros (US-GAAP) could be exceeded. Bechtle now considers an EBT of between 24 and 26 million euros to be realistic. Total sales revenues for the year are expected to fall within a range 790 to 810 million euros (previously 790 to 830 million euros). Contact Rudi Schmidt +49 (0)79 71/95 02 29, mail: ir@bechtle.com; http://www.bechtle.com end of ad-hoc-announcement (c)DGAP 13.11.2003 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: Bechtle, with currently over 40 locations in Germany, is the country’s largest independent system house. In terms of the capital market, based on both market capitalisation and sales, or the number of employees, Bechtle is the largest publicly quoted system house in the country. In addition to the services-driven system house division, Bechtle operates a retail business in nine European countries (including Germany) with an extremely comprehensive portfolio of some 22,000 IT products. Bechtle has been making profits every year for the last 15 years. The public limited company, which has been listed since march 2000 (Prime Standard; Nemax 50), was founded in 1983 and currently employees over 2,600 staff. In the last ten years, Bechtle has grown significantly, acquiring over 30 companies. Bechtle has akquired the majority (over 95%) at listed PSB AG at the end of March 2003. ——————————————————————————– WKN: 515870; ISIN: DE0005158703; Index: NEMAX 50 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 130458 Nov 03