euro adhoc: Jetter AG
Quarterly or Semiannual Financial Statements
/ Jetter continues to improve Results (E)
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Ludwigsburg, 14 November 2003. Jetter AG (ISIN DE0006264005) today publishes its six months report at 30 September 2003. Notwithstanding the ongoing flat economy, sales for the second quarter at KEUR 3,385 were 11.5% higher than in the first quarter. During the first six months of its fiscal year, Jetter recorded sales of KEUR 6,420, 7.4% less than in the previous year. The quarterly loss before interest, tax, depreciation and amortisation (EBITDA) was significantly reduced to KEUR -358, and the six months EBIT of KEUR -1,530 has markedly improved (previous year: KEUR -4,215). As a consequence, cash outflow for the quarter was practically stopped with KEUR -23. On the basis of ongoing JetWeb projects, management expects a continuous improvement of sales and result during the next quarters. Increasing confidence in Jetter has already convinced Deutsche Postbank Asset Management S.A., Luxemburg, to acquire a 5.18% share in Jetter in October 2003.
The complete report in electronic form is available at the websites of Jetter (http://www.jetter.de) and Deutsche Börse (http://deutsche-boerse.com).
For additional information, please contact:
Jetter AG, Günter Eckert, CFO Tel.: +49 7141-2550-514 Fax.: +49 7141-2550-555 Email: geckert@jetter.de
end of announcement euro adhoc 14.11.2003
Further inquiry note:
Günter Eckert
Branche: Semiconductors & active components
ISIN: DE0006264005
WKN: 626400
Index: CDAX, Prime All Share, Prime Standard, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Berliner Wertpapierbörse / free trade
Hamburger Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Baden-Württembergische Wertpapierbörse / free trade