euro adhoc: Lintec Information Technologies AG
Quarterly or
Semiannual Financial Statements
Ad hoc announcement by LINTEC
Information Technologies AG (Securities Code Number 648 600, ISIN
DE0006486004) in accordance with Section 15 German Securities
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Taucha, 12 November 2004: LINTEC Information Technologies AG ran up an operating loss in the third quarter of 2004. However, LINTEC’s Management Board still expects turnover for the year to reach €15 million.
By selling its interest in Apoll Information & Software AG in August 2004, LINTEC disposed of its software division and continued its policy of focusing on its core business. Consequently, its quarterly results are affected by the effects of deconsolidating Apoll. At the same time, LINTEC also bade farewell to its last regional branch (Arnstadt) and finally abandoned the principle of regional presence since the branches had been running at a loss for some time.
Concentration on LINTEC’S core business (PCs & entertainment electronics, production & service and business IT) is starting to bear fruit. After contracts were signed with two firms in recent months by the Production & Service division, since Q3 2004 LINTEC has also been manufacturing on behalf of two other companies. As a result, production has been operating in two shifts since September.
When considering the quarterly figures, two factors need to be taken into account. Firstly, Q3 is along with Q2 traditionally the period with the lowest turnover and income for LINTEC, and this was certainly borne out in 2004. Secondly, income from the Production & Service division, which was only set up in mid-2004, will only take effect as of the end of the year. ~ Key income statement 1 Jan to 1 Jan to Change figures (€’000) 30 Sep 2004 30 Sep 2003
Turnover 11,615 76,376 (84.8)% EBITDA (3,192) 2,101 (251.9)% EBIT (3,975) 130 (3,157.7)% Pre-tax profits (EBT) 10,280 1,907 439.1% Group income/ loss for the period 10,217 (1,254) 914.8% Earnings per share €1.22 (€0.15) ~ Quarter-on-quarter comparison (€76 million turnover in Q3 2003 coupled with €2.1 million EBIT) needs to take into consideration the fact that LINTEC has since sold a number of participating interests. These are companies which in Q3 2003 still accounted for considerable sales and earnings.
The full report for Q3 2004 can be downloaded from www.lintec.de or requested from the company.
Invitation to the annual analysts’ conference on 24 November 2004 At the German Equity Forum in Frankfurt, the Management Board of LINTEC AG will be explaining the current quarterly figures to analysts and journalists and presenting the new divisions.
end of announcement euro adhoc 12.11.2004 08:28:36
Further inquiry note:
LINTEC Information Technologies AG, Investor Relations • Tel:
+49 (0) 34298 71607 • Fax: +49 (0) 34298 71372 • Email:
aktie@lintec.de • Web: www.lintec.de
Branche: Computing & Information Technology
ISIN: DE0006486004
WKN: 648600
Index: Prime Standard, CDAX, Prime All Share, Technologie All Share
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