GBS Software AG — Earnings Release 2001

May 10, 2001

News Details

Ad-hoc | 10 May 2001 08:50

Ad hoc-Service: GROUP Technologies AG english

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– – Expected sales target surpassed – EBIT better than planned Karlsruhe, May 10, 2001. GROUP Technologies AG has begun the fiscal year 2001 on a positive note. The company has boosted its level of sales in the 1st quarter of 2001 by 69% to DEM 3,320,000 (against DEM 1,900,000 in the 1st quarter of 2000) and therefore clearly surpassed its original sales plan of DEM 2,900,000. EBIT also exceeded expectations and stood at DEM 102,000 (against DEM 228,000 in the 1st quarter of 2000). The net earnings for the first quarter 2001 amounted to DEM 193,000 (against a loss of DEM 260,000 last year). Profits per share in the first quarter of 2001 amounted to DEM 0.03 (against a loss of DEM 0.03 last year). The past quarter of the current fiscal year saw GROUP Technologies AG e-Security products continue to prevail on the market. These positive results in the first quarter are further confirmation of the reliability of the company’s forecasts. GROUP Technologies has reinforced its aspirations of achieving its sales target of DEM 17 million for 2001. A growth in earnings is expected in the second half of the year, as has been the case in previous years. The new security package that was given its first showing at the CeBIT, securiQ for Microsoft Exchange, has been met with great interest on the market. This has reinforced the company’s expectations of achieving its sales and earnings growth rates for the second half of the fiscal year. The company has been able to acquire some noteworthy new customers such as Pepsico do Brasil, Societe Generale Bank and Trust Luxemburg, Joseph Witt GmbH as well as Lufthansa Systems Infratec. end of ad hoc announcement (c) DGAP 10.05.2001 ——————————————————————————– WKN: 555 611; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Stuttgart, München, Berlin, Bremen, Hamburg, Hannover, Düsseldorf 100850 Mai 01