euro adhoc: Foris AG
Quarterly or Semiannual Financial Statements
Ad hoc announcement, Friday 26 April FORIS AG, Berlin, Bonn, Frankfurt, Munich,New York FORIS AG increases turnover and cuts losses (E)
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
1. For the first quarter FORIS AG posted group turnover amounting to EUR 5.34 million (+ 14.3 %; previous year: 4.67). 2. During the reporting period new cases were taken on with sums in dispute of EUR 30.3 million (28.7) and an option volume of EUR 6.6 million (6.4). 3. As at 31 March 2002, 219 cases (223) with sums in dispute totalling EUR 193.6 million (141.2) are being financed. Option volume amounts to EUR 56.6 million (47.6) which is running 18.9 % ahead of the previous years level. 4. The number of shelf companies sold by FORATIS AG was increased by 33 % to 157 (118). The sectoral result improved by 111 % to EUR 191,000. 5. Group losses dropped compared with the corresponding quarter of the previous year by 10.2 % to EUR 895,000 minus. Because of the number of cases completed in court during the first quarter was low, a positive overall quarterly result could not be achieved.
Further information: FORIS AG, Kurt Schumacher Str. 18-20, 53113 Bonn Tel: 0228-957 5022, Fax: 0228-957 5027, e-mail: bonn@foris-de, www.foris.de
end of announcement euro adhoc 26.04.2002
Further inquiry note:
Gerrit Meincke
Branche: Financial & Business Services
ISIN: DE0005775803
WKN: 577580
Börsen: Frankfurter Wertpapierbörse, Baden-Württembergische
Wertpapierbörse, Bayerische Börse, Bremer Wertpapierbörse (BWB),
Börse Düsseldorf, Hamburger Wertpapierbörse, Handelsüberwachung
der Berliner Wertpapierbörse, Niedersächsische Börse zu Hannover