euro adhoc: InfoGenie Europe AG
Quarterly or Semiannual Financial
Statements
InfoGenie succeeds in remaining on growth track --
Revenues and earnings boosted in 3rd quarter - additional capital
increase completed (E)
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Berlin, November 28, 2003 - InfoGenie Europe AG (ISIN: DE 000 7470260) remains on a growth path. In the third quarter, revenues and earnings improved dramatically year-on-year. A nine-month comparison likewise shows that the restructuring measures have clearly been successful.
Sales revenues in the third quarter rose to EUR 2,256 k (Q3/2002: EUR 661 k, equivalent to an improvement by as much as 241%). Net profit for the period under review came to EUR 110 k (Q3 2002: loss amounting to -EUR 598 k). These positive figures are also substantially attributable to the inclusion of the new acquisition InfoGenie Global GmbH. Adjusted for the new subsidiaries, a growth rate of 52%, to EUR 1.003k (Q3 2002: EUR 661 k) was reported.
In relation to the first nine months of 2003 Group sales revenues rose to reach approx. EUR 6.1 million, an increase of 169% on the same period a year earlier. Excluding the new subsidiaries, revenues, at EUR 2.8 million, were just under 23% higher year-on-year (Q3/2002: EUR 2.281 k.)
Key figures Q3 2003 ~ In EUR k 3rd Quarter 2003 3rd Quarter 2002 Change 2002-2003 Revenues 2,256 661 241% EBIT 108 -599 - EBT 110 -597 - Net profit or loss 110 -598 - Earnings per share 0.01 EUR -0.10 EUR - ~
Key figures for the first nine months of 2003:
~
In EUR k January to September 2003 January to September
2002 Change
2002-2003
Revenues 6,138 661
169%
EBIT -355 -1,829
81%
EBT -346 -1,815
81%
Net profit or loss -203 -1.831
89%
Earnings per share -0.03 EUR -0.29 EUR
90%
~
Total assets amount to EUR 10,959 k.
The shareholder structure as at November 28, 2003 was as follows:
ebs Holding AG, Hallbergmoos: 64.55%
ebs Mobil GmbH, Hallbergmoos: 12.82%
Free float: 22.63%.Following the recent entry in the Commercial Register of Click2Pay GmbH and Netsales GmbH as contributions in kind, InfoGenie Europe AG has further strengthened its position for the future. Both companies were integrated in the form of a capital increase from authorized capital against a non-capital contribution for a total volume of 2.225 million euros, and the registration took place on November 25, 2003
end of announcement euro adhoc 28.11.2003
Further inquiry note:
InfoGenie Europe AG
Investor Relations
Tel.: 030.726102-122
Fax: 030.726102-199
E-mail: ir@infogenie.com
Branche: Telecommunications Services
ISIN: DE0007472060
WKN: 747206
Index: CDAX, Prime All Share, Prime Standard, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Niedersächsische Börse zu Hannover / free trade
Berliner Wertpapierbörse / free trade
Bayerische Börse / free trade
Hamburger Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Baden-Württembergische Wertpapierbörse / free trade