CeoTronics AG

Earnings Release • Mar 1, 2005

News Details

Ad-hoc | 1 March 2005 15:03

CeoTronics AG:Revenues up by around 39% after 9 months of fiscal year 2004/200

Ad hoc announcement §15 WpHG Period results CeoTronics AG:Revenues up by around 39% after 9 months of fiscal year 2004/200 Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— CeoTronics on the road to success / best nine months revenue result in company history / revenue target 04/05: EUR15,500 thousand and earnings target 04/05: EUR1,000 thousand will be hold CeoTronics AG Audio Video Data Communication (ISIN: DE0005407407), Adam-Opel- Strasse 6, 63322 Rödermark, Germany, listed on the PRIME Standard and the “Technology All Share” index, increased its consolidated revenues in accordance with US GAAP as of February 28, 2005 by around EUR3,678 thousand year-on-year from EUR9,354 thousand to around EUR13,032 thousand. This represents an increase of approximately 39%. Final, detailed consolidated figures will be published with the nine months report once these have been established on April 14, 2005. CeoTronics AG Adam-Opel-Straße 6 63322 Rödermark Deutschland ISIN: DE0005407407 WKN: 540740 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart End of ad hoc announcement (c)DGAP 01.03.2005 Issuer’s information/explanatory remarks concerning this ad hoc announcement: The unusually high level of revenue growth is also due to the delivery and invoicing of the largest single order in CeoTronics’ history. The Company supplied “CT-DECT TowCom” digital communication systems to the German Air Force. These systems are used for the ground handling of jets such as the Eurofighter. Even without the completion of this major order, however, CeoTronics would have generated double-digit growth in consolidated revenues. As expected the relatively high order backlog from previous year has been reduced and remains, as of February 28, 2005, above average on a comfortable level. “Due to the extreme positive development of revenues in the first nine months of the business year 2004/2005 we expect a clear improvement of cash flow and earnings for this period”, explained Thomas H. Günther, Chairman of the Board of Management. Additional information: CeoTronics AG, Audio Video Data Communication Investor Relations, Adam-Opel-Strasse 6,63322 Rödermark, Germany Tel.: +49-(0)6074/8751-722, Fax: +49(0)6074/8751-720 E-mail: chairman@ceotronics.com , Internet: http://www.ceotronics.com End of message (c)DGAP 011503 Mär 05