euro adhoc: arxes NCC AG
Quarterly or Semiannual Financial
Statements
Fiscal 2004/2005: figures on the second quarter
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
21.02.2005
Results from the second quarter surpass expectations
EBIT makes up 3.3% of sales in the second quarter Operating income at 11.5 million euros Positive operating cash flow in the amount of 1.6 million euros
In the second quarter of the current fiscal year, arxes NCC AG managed to increase its sales revenue by 8.2 % over the seasonally weak first quarter. Sales from the service sector and other income surpassed the target by some 0.8 million euros in the first two quarters of fiscal 2004/05.
EBIT of +0.4 million euros in the second quarter
The Companys EBIT also surpassed expectations for Q2. In the second quarter of fiscal 2004/05, earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to 0.7 million euros. After depreciation of non-current assets in the amount of 0.3 million euros, EBIT was positive in the second quarter at 0.4 million euros.
The cash flow from operating activities was very positive in the first two quarters of fiscal 2004/05 at 1.6 million euros.
The liquid funds and securities due on demand of arxes NCC AG increased as of 12/31/04 to approx. 5.4 million euros.
Prospects for further developments in fiscal 2004/05
In fiscal 2004/05, arxes NCC AG plans to have a profit margin of around 2 % after interest and tax.
The goal is to increase profitability even as sales to mid-size customers are gradually increased over the course of the fiscal year so that returns of 5-6 % can be attained by the end of the fiscal year (06/30/05).
The cooperations entered into with itelligence and danet in the second quarter are milestones on the path towards this goal. The portfolios of arxes and its new partners complement each other excellently. The management board confirms the goals communicated.
end of announcement euro adhoc 21.02.2005 20:15:00
Further inquiry note:
For further information and to receive the detailed quarterly report,
contact: arxes Investor Relations, +49-221-96486-129, ir@arxes.de,
www.arxes.de
Branche: Online
ISIN: DE0005098008
WKN: 509800
Index: Prime Standard
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Berliner Wertpapierbörse / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade
Bremer Wertpapierbörse (BWB) / free trade