Arrow ECS AG
ComputerLinks AG english
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Despite increase in sales in the 3rd quarter 2001 ComputerLinks damps
expectations for the year overall
ComputerLinks, the IT marketing company: 9-month sales approximately 117 million
Euro / No significant upturn in the IT sector expected before 2002 / EBITDA
forecast for 2001 approximately 11 million Euro
ComputerLinks AG, the IT marketing company listed on the Neuer Markt, will
achieve sales of approximately 117 million Euro in the nine months to 30
September 2001 (same period previous year: 70,8 million Euro). This is already
higher than for the whole of last year when turnover was 111.5 million Euro.
Sales in the third quarter will be approximately 37 million Euro an increase of
10 percent over the comparable quarter last year.
The upturn in business, which was expected in the second half of the year has
not materialised and it has become clear that IT investment will remain at a
lower level than originally anticipated, even in the traditionally strong fourth
quarter. It is hoped that investment will recover early next year. The company
is therefore cautious about prospects for the rest of this year and has damped
expectations, forecasting results for the second half of the year comparable
with those achieved in the first six months of the year. The company therefore
expects full year sales of approximately 159 million Euro and with an EBITDA of
approximately 11 million Euro (EBITDA 2000: 10.8 million Euro). This corresponds
to an earnings per share, before goodwill amortisation of 1.10 Euro (2000: 1.29
Euro).
The final 9-months’ results will be published by ComputerLinks by mid-November,
2001.
Contact: ComputerLinks AG, Investor Relations, Bettina Zollner,
Tel.: +49 89 93099-174, email: Investor-Relations@computerlinks.de
end of ad-hoc-announcement (c)DGAP 28.09.2001
Issuer’s information/explanatory remarks concerning this ad-hoc-announcement:
Stephan Link, founder and CEO of ComputerLinks AG, said the following relating
to the 9-month figures: “In these uncertain times we have had to revise our
expectations but we are very confident about the future. All our operating
companies around Europe are profitable and achieving positive cash flows. Our
business model generates high earnings even in difficult times therefore
ComputerLinks will benefit more than average from any upturn in the IT
industry.”
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WKN: 544 880; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
282031 Sep 01
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