euro adhoc: OnVista AG
Quarterly or Semiannual Financial Statements
OnVista
AG above plan in first six months of 2005: Group sales +30%
All key
performance figures positive
Strong second half of the year expected
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
08.08.2005
OnVista AG (DE0005461602) has exceeded its own expectations in the second quarter of 2005 as well as in the entire 6 months period. The company recorded substantial growth and operated in the black in all performance categories.
In the second quarter of 2005, group sales amounted to Euro 2.22 mill. This represents an increase of 32% compared to the same period last year (Q2/04: Euro 1.69 mill.). In the first half of the year, sales totalled Euro 4.22 mill. (6 mths./04: Euro 3.24 mill., +30%). Group sales are generated entirely in the Media business segment.
From Q1 to Q2 all key performance figures improved and were positive. Due to the investments in the healthcare portal and the strongly developing, profitable performance marketing business, some key performance figures fell below those recorded in the corresponding period last year, as planned. In 2005 as a whole, on the other hand, the company expects to substantially exceed last year's figures.
In the second quarter of 2005, EBITDA was positive at Euro 0.16 mill. (Q2/04: Euro 0.16 mill.; -2.7%). EBIT amounted to '000 Euro 52 (Q2/04: Euro 0.13 mill., -59%). The pre-tax group result - which also takes into account the investment result generated through IS.Teledata AG (= Technologies segment performance, Q2/05: 000 Euro 93) and the interest income (Q2/05: Euro 0.18 mill., -17%) - reached Euro 0.33 mill. in Q2/05 (Q2/04: Euro 0.33 mill., -0.8%). After tax, the group net income totalled Euro 0.23 mill. (Q2/05: Euro 0.20 mill., +14%). The earnings per share stood at Euro 0.03 (Q2/04: Euro 0.03). The pre-tax profit to sales ratio came to 15%.
In the entire six months period, the OnVista Group recorded EBITDA in the amount of Euro 0.24 mill. (6 mths./04: Euro 0.40 mill., -40%) with EBIT amounting to '000 Euro 22 (6 mths./04: Euro 0.19 mill., -88%). IS.Teledata contributed an investment result of Euro 0,22 mill. (6 mths./04: 000 Euro 21). The accumulated pre-tax group result totalled Euro 0.63 mill. (6 mths./04: Euro 0.69 mill., -4.7%) and the after-tax group result amounted to Euro 0.43 mill. (6 mths./04: Euro 0.40 mill., +8.5%). The earnings per share stood at Euro 0.07 (6 mths./04: Euro 0.06).
Both operating business segments contributed to the positive group performance.
As at 30 June 2005, cash and cash equivalents of the OnVista Group amounted to Euro 22.75 mill. (31.12.2004: Euro 22.61 mill.). The cash value per share stood at Euro 3.39 (31.12.2004: Euro 3.38).
As a result of the encouraging order book for the coming months, the Executive Board of OnVista AG expects a strong second half of the year and has reaffirmed its annual projections. For the financial year 2005 OnVista AG envisages group sales in excess of Euro 8 mill. This would correspond to an increase of more than 15% compared to 2004. The rise in the group pre-tax result is to be even more distinct, namely around 50% (2004: Euro 0.92 mill.).
Consolidated financial statements under IFRS; detailed press release in German language: www.onvista-group.de, section 'Press'; full 6 months report soon under: www.onvista-group.de, section 'Investor Relations': http://www.onvista-group.de/investor_relations/finance_publications.htmlEURLANG=en
Contact: Anja Seipp, Tel. +49 2203/9146-306, Email ir@onvista.de
end of announcement euro adhoc 08.08.2005 08:01:25
Further inquiry note:
Anja Seipp
Head of Public and Investor Relations
Tel. +49(0)2203 9146 306
Mobil: +49 (0) 160 802 9981
E-Mail: anja.seipp@onvista.de
Branche: Computing & Information Technology
ISIN: DE0005461602
WKN: 546160
Index: Prime Standard, CDAX, Prime All Share, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Berliner Wertpapierbörse / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
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Bremer Wertpapierbörse (BWB) / free trade