euro adhoc: DocCheck AG
other
DocCheck with slightly increased sales in the
1st quarter
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
10.05.2007
Cologne, 10th May 2007 - DocCheck AG, Cologne (ISIN DE0005471007 // WKN 547100) achieved sales of EUR 3.3 million in the 1st quarter of 2007, representing growth of 5% over the 1st quarter of 2006 (EUR 3.1 million). Operating income (EBIT), while significantly below the previous year´s exceptionally good figure (EUR 328 thousand) at EUR 38 thousand, is consistent with the long-term trend (1st quarter 2005: EUR 8 thousand; 1st quarter 2004: EUR 12 thousand). Orders are normally lower in the first quarter, as it is marked by the budget planning of customers in the healthcare market. It emerged overall in the 1st quarter that, owing to the changes in the statutory framework brought about by the major healthcare reform and to the associated slight downturn in the pharmaceuticals market, customers in the healthcare market reduced their marketing budgets in some areas. Particularly affected by this development, which will continue in the 2nd quarter of 2007, was the antwerpes + partner division (agency business), which recorded a slight downturn of 7% in sales to EUR 1.6 million. At the same time a clear budget shift towards e-marketing is evident. This benefits the DocCheck division, comprising the portal business, activities in the IP-TV field (DocCheck TV) and syndication (medicalpicture). Here sales were successfully increased by 33% from EUR 0.6 million to EUR 0.7 million.
The DocCheck Shop division, comprising the trading activities, grew by 9% from EUR 0.8 million to EUR 0.9 million. The result from normal business activity is EUR 170 thousand (previous year: EUR 456 thousand). Earnings per share are 1 cent (previous year: 5 cents). The amount held in liquid funds and current-asset securities at the end of the 1st quarter was EUR 16.3 million or EUR 2.76 per share (previous year: EUR 16.6 million). DocCheck AG aims to increase sales more significantly in the second quarter.
end of announcement euro adhoc 10.05.2007 20:00:00
Further inquiry note:
Tanja Mumme
+49 (0)221 92053 139
tanja.mumme@doccheck.com
Branche: Computing & Information Technology
ISIN: DE0005471007
WKN: 547100
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade