ORBIS AG — Earnings Release 2005

Mar 24, 2006

News Details

Ad-hoc | 24 March 2006 08:13

ORBIS AG reports 2005 as successful fiscal year

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Saarbrücken, March 24, 2006 — The Saarbrücken-based business consulting firm ORBIS AG achieved profitability once again for the 2005 fiscal year. With consolidated sales amounting to EUR 19.820 million (2004: EUR 19.763 million), the company achieved an EBIT of EUR 561,000 (2004: EUR 138,000) while the consolidated net income totaled EUR 346,000 (2004: EUR 118,000). This translates to a profit per share of EUR 0.04 (2004: EUR 0.01). The slight upturn in sales revenues and the 307% increase in EBIT are in line with the company’s declared objective, i.e. a return to profitability. During the reporting year, shareholders’ equity increased to EUR 16,797 million (2004: EUR 16.419 million), with the equity ratio rising to 67%, from 61% in 2004. The total assets of ORBIS amount to EUR 25.191 million (2004: EUR 27.078 million), resulting largely from a reduction in both current liabilities and long-term debt. As of December 31, 2005 cash and cash equivalents totaled EUR 5.970 million (2004: EUR 4.722 million). The cash flow from operating activities experienced a cash inflow of EUR 2.901 million (2004: minus EUR 2.564 million). The average number of staff during the year was 185 (2004: 191). ORBIS has entered 2006 with optimism and expects to benefit from a renewed momentum in its business segments. For the current year, ORBIS is planning a moderate single-digit growth in sales revenues, while at the same time increasing its EBIT by 10% to 30%. This confidence in new growth is backed by the company’s order level for 2006 that corresponds to 55% of its planned total turnover. A sustainable increase in profitability remains ORBIS AG’s corporate core objective. In the 2006 fiscal year, ORBIS will switch to a listing in the General Standard segment. ————————————————————————— Informationen und Erläuterungen des Emittenten zu dieser Ad-Hoc-Mitteilung: Please find the financial report 2005 of Orbis AG on the company’s website at www.orbis.de Contact: Dr. Sabine Stürmer, Head Investor Relations of ORBIS AG Ph.: +49 (0)681 99 24 605, e-mail: sabine.stuermer@orbis.de (c)DGAP 24.03.2006 ————————————————————————— language: English emitter: ORBIS AG Nell-Breuning-Allee 3-5 66115 Saarbrücken Deutschland phone: +49 (0)6819 924-0 fax: +49 (0)6819 924-224 email: ir-orbis@orbis.de WWW: www.orbis.de ISIN: DE0005228779 WKN: 522877 indexes: stockmarkets: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Hannover, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service —————————————————————————