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InTiCa Systems AG — Earnings Release 2008
May 16, 2008
229_rns_2008-05-16_cc5948c0-1ffb-409f-b44d-40dbc6d6436b.html
Earnings Release
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News Details
Ad-hoc | 16 May 2008 11:45
InTiCom Systems Aktiengesellschaft: Sales decline and cost increase due to investment in growth projects lead to net loss for the period in Q1 2008 for InTiCom Systems AG
InTiCom Systems Aktiengesellschaft / Quarter Results
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Passau, May16, 2008 – On the basis of unaudited figures, InTiCom Systems AG
(ISIN: DE0005874846, Prime Standard) anticipates a 13% year-on-year decline
in first-quarter sales to about EUR 9.6 million (previous year: EUR 11.0
million). The decline is due mainly to abandoning orders that make no
profit contribution and to the previously announced finalisation of a
customer relationship in northern Europe. At the same time the Company is
investing in recruiting extra personnel and in new developments for
promising innovative projects, especially in the automotive sector, thereby
leading to a temporary burden on the result. In all, a net loss of EUR 0.4
million is anticipated for the first quarter of financial year 2008.
The Company is currently drawing up, in close coordination with the
Supervisory Board and with its CEO, Mr Walter Brückl since 1 April 2008, a
new and integrated business plan.
InTiCom Systems AG
The Board of Directors
If you have questions, please contact:
Walter Brückl
CEO
Phone: +49 - (0)851 - 966 92 - 0
Fax: +49 - (0)851 - 966 92 - 15
eMail: [email protected]
16.05.2008 Financial News transmitted by DGAP
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]
Internet: www.InTiCom-Systems.de
ISIN: DE0005874846
WKN: 587484
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hamburg, München, Stuttgart
End of News DGAP News-Service