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InTiCa Systems AG — Earnings Release 2006
Mar 21, 2007
229_rns_2007-03-21_4cce5158-4f14-4889-a8b3-a14b9df6e04c.html
Earnings Release
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Corporate | 21 March 2007 14:30
InTiCom Systems Aktiengesellschaft: Preliminary revenue and earnings figures 2006 in line with expectations
InTiCom Systems Aktiengesellschaft / Preliminary Results
Release of a Corporate-announcement, transmitted by DGAP - a company of
EquityStory AG.
The issuer is solely responsible for the content of this announcement.
• Preliminary revenue and earnings figures 2006 in line with expectations
Passau/Frankfurt(Main), March 21st, 2007 – InTiCom Systems AG (ISIN
DE0005874846, Prime Standard) achieved revenues in 2006 of approximately
EUR 37.5 million (prior year EUR 35.0 million) according to preliminary and
un-audited figures 2006 which is fully in line with expectations hitherto.
Preliminary earnings before taxes (EBT) in the amount of approximately EUR
2.4 million (prior year EUR 3.6 million) resulted in a forecasted net
profit of EUR 1.5 million (prior year EUR 2.2 million). Both figures are
therefore below their last years figures for the first time as
envisaged several times before.
This means a revenue growth of more than 7 percent in a fiscal year, which
on the one hand did not fulfil the great expectations of a rapid roll-out
of the VDSL network in Germany in 2006.
Therefore InTiCom Systems has lost considerable budgeted sales in Germany
in the last two quarters 2006 – despite existing supply agreements. The
successful start of production at the new manufacturing site in Prachatice
in the Czech Republic dominated 2006 on the other hand. Since mid May 2006
InTiCom Systems started the serial production for their automotive clients.
Full order books in all business areas and a positive full year effect from
the automotive sector are going to contribute to an increase in revenue
growth and a significant earnings growth for fiscal 2007.
InTiCom Systems AG
Board of Management
The audited annual accounts 2006 and the annual report 2006 will be
explained in detail
at the annual accounts press conference and the following analysts’ meeting
on:
Wednesday, April 18th, 2007 in Frankfurt / Main.
Annual accounts and analysts` meeting
press conference
at 10:00 a.m. at 02:00 p.m.
on April 18th, 2007 on April 18th, 2007
in Frankfurt / Main in Frankfurt / Main
For further details please contact:
Dieter Schopf
Board Member
Phone: +49 - (0)851 - 966 92 - 0
Fax: +49 - (0)851 - 966 92 - 15
mailto: [email protected]
DGAP 21.03.2007
Language: English
Issuer: InTiCom Systems Aktiengesellschaft
Spitalhofstraße 94
94032 Passau Deutschland
Phone: +49 (0)851 9 66 92-0
Fax: +49 (0)851 9 66 92-15
E-mail: [email protected]
www: www.InTiCom-Systems.de
ISIN: DE0005874846
WKN: 587484
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Hamburg, München, Stuttgart
End of News DGAP News-Service