Advanced Photonics Technologies AG
AdPhos – Business development 3rd quarter does not meet expectations
Advanced Photonics Technologies AG / Quarter Results Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- AdPhos – Business development 3rd quarter does not meet expectations Munich, 21 November 2008 – The current overall economic development, among other factors, was one of the reasons the business development for the 3rd quarter 2008 did not meet the expectations of Advanced Photonics Technologies AG. The consolidated group sales in this period amounted to app. 2.2 million Euro (3rd quarter 2007: app. 1.6 million Euro); the AdPhos group incurred an operative loss (EBIT) in the amount of 0.7 million Euro. The group sales per 30 September 2008 amounted to app. 7.6 million Euro and thus were app. 8 % higher than in the same period of the previous year. The operating result (EBIT) for the first 9 months of the 2008 business year amounted to app. –1.5 million Euro in comparison to –1.2 million Euro in the same period in the preceding year. The stock of orders for the coming business year 2009 currently amounts to app. 5 million Euro. The operative business continues to put a strain on the existing liquidity reserves. For this reason the implementation of large projects will likely require separate financing solutions. On the whole the expectations for the future business year underlie the current uncertainty as to the global economic development. 21.11.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Advanced Photonics Technologies AG Bruckmühler Str. 27 83052 Bruckmühl Deutschland Phone: +49 (0)8061 395-100 Fax: +49 (0)8061 395-110 E-mail: info@adphos.de Internet: www.adphos.de ISIN: DE0008288200 WKN: 828820 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Stuttgart, München, Hamburg, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
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