GEDYS Internet Products AG
Ad hoc-Service: GEDYS Internet Products english
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
——————————————————————————–
GEDYS Beats Expectations for the First Quarter of 2001:
Sales up by 84 Percent
Braunschweig, Germany, May 22, 2001. GEDYS Internet Products AG is maintaining
its high growth rate. The Braunschweig company achieved a turnover of euro 3.2m
in the first three months of the 2001 financial year. This was 84 percent more
than in the same period of 2000 (at euro 1.7m). Originally, this leading
European maker of standard software for collaboration e-business had planned a
growth in sales of 50 percent. The marked increase is particularly encouraging
since the first quarter is traditionally the year’s weakest. GEDYS (as of March,
31, 2001: 226 staff members) managed to lower its costs: the operating loss
(EBIT) for the first three months of the financial year were still euro 2.2m.
Yet in contrast to the fourth quarter of 2000 (with a loss of euro 4.8m), this
is a considerable improvement. Liquid assets stood at euro 6.8m to March 31,
2001. GEDYS anticipates a return to profits in the fourth quarter of the current
year. The transformation into an international group can be seen in the
breakdown of turnover: at euro 1.7m, only 54 percent were generated in Germany
in the first quarter of 2001 (as opposed to 90 percent over the same period a
year earlier). To meet the demands of an internationally active company, GEDYS
carried out a strategic reorganisation in important businesses in the first
quarter of 2001: The products for the groupware business are now being developed
across the European GEDYS organisation. Marketing is now also handled in a
uniform manner for all of Europe.
For further information:
GEDYS Internet Products AG
Ines Laux
Mittelweg 7
38106 Braunschweig
Tel.: +49 (0) 5 31/2344-199
Fax: +49 (0) 5 31/2344-190
E-Mail: ilaux@gedys.com
end of ad hoc announcement (c) DGAP 22.05.2001
——————————————————————————–
WKN: 527300; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover und Stuttgart
220806 Mai 01
Aktuelle News
Aktuelle Berichte
Keine Berichte gefunden
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden