P&T Technology AG
Ad hoc-Service: P&T Technology AG english
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Hamburg, 23 May 2001. P&T Technology AG, Hamburg, the windpark developer listed
on the Neuer Markt, had sales of Euro 18.9 million in the first quarter, a
quarter which is not usually strong in the field, of 2001 (2000: Euro 4.9
million) and an EBIT of Euro 462,089 (2000: Euro 172,288). The profit per share,
calculated according to IAS, increased from Euro 0.01 in the first quarter of
the previous year to Euro 0.05 in the current financial year. P&T have confirmed
the planned strong growth of Euro 44 million in sales for 2001 to Euro 166
million. The EBIT is planned to increase from Euro 2.1 million to Euro 12.3
million for the same period.
P&T is the first German competitor to succeed in entering the US market.
Together with the American windpark developer Global Winds Harvest Inc.,
Cambridge, Massachusetts, P&T will erect twelve wind-power plants with a
capacity of 15.6 megawatts in Bear Creek, Pennsylvania. P&T and GWH, which each
hold 50 percent of the joint venture, have arranged to erect five windparks with
a capacity of an additional 100 megawatts. This agreement is connected with a
sales potential of Euro 125 million as of 2002.
The most important figures for the quarterly comparison (in Euro):
Accounting method: IAS I/2001 I/2000
Sales 18,916,017 4,892,319
EBIT 462,089 172,288
Cash-Flow (DVFA/SG) 945,724 166,184
IAS-profit/share 0.05 0.01
Employees 34 (average)
end of ad hoc announcement (c) DGAP 23.05.2001
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WKN: 685 280; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Stuttgart, München, Berlin,
Bremen, Hamburg, Hannover, Düsseldorf
230736 Mai 01
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