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GBS Software AG — Earnings Release 2001
May 17, 2001
5399_rns_2001-05-17_381d7cba-bdba-463f-819b-974c4c2935ac.html
Earnings Release
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News Details
Ad-hoc | 17 May 2001 06:26
Ad hoc-Service: IntraWare AG english
Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– IntraWare AG: Quarterly figures as planned – restructuring measures effective Petersberg, May 17 2001 – The group sales of IntraWare AG amount to EURO 2.3 million and are approximately four percent above the budgeted figure of EURO 2.2 million for the first quarter of 2001. The sales of the corresponding period of the previous year were characterised by a very large order. If this order is not taken into consideration the turnover shows an increase of 25% The segment of Service/Consulting achieved an overall increase in sales of 17% representing the first effects of the realignment policy of the company. The share of this segment in total sales amounts to 57%. The group result before taxes (EBT) amounts to TEURO -1,878 for the first quarter. The result thus ranges by TEURO 238 below the result of the previous year which was characterised by the very large order. The net loss for the quarter rose by approximately TEURO 874 to TEURO 1,756 as compared with the previous year and is thus more favourable by 32.4% or TEURO 567 than provided for the period of January to March 2001 on basis of the planning in connection with the realignment of the group. The enterprise has sufficient funds at its disposal. The funds as at 31.03.2001 amounted to EURO 14.9 million. The company assumes that the development of funds will be as planned in respect of the budgeted group loss for the year of EURO 6 million. Press contact: Christoph Steinhauer – Vice-President Marketing Telephone: 0661/9642610 Fax : 0661/964299610 e-mail: [email protected] www.intraware.de Contact for investors: Kirstin Fischer – Investor Relations Telephone: 0661/9642619 Fax: 0661/964299619 e-mail: [email protected] www.intraware.de end of ad hoc announcement (c) DGAP 17.05.2001 ——————————————————————————– WKN: 510450; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München, Stuttgart 170626 Mai 01