Arrow ECS AG
ComputerLinks AG english

ComputerLinks: Increased sales, EBITDA and cash flow in the 3rd quarter of 2002 Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– ComputerLinks AG achieved group turnover of 41.2 million euro in the third quarter of 2002, compared with 39.0 million euro in the same quarter last year. Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased by 13 percent from 2.3 million euro to 2.6 million euro, against the third quarter of 2001. Therefore the group has not only exceeded the figures for the comparable quarter last year but it has also achieved an increase in each of the quarters in 2002. Cash flow also showed an encouraging increase in the group. Cash flow from current operations was 8.2 million euro for the first nine months of 2002, compared with 2.7 million euro in the comparable period last year. Group turnover was 118.2 million euro after nine months of the current business year (2001: 119 million euro). EBITDA was 7.1 million euro (2001: 8.4 million euro). The gross margin remained stable at 21.3 percent, the same level as in the second quarter of 2002. After planned depreciation of 4.6 million euro, earnings before tax (EBT) was 2.1 million euro after nine months of 2002. Earnings per share were 0.21 euro before goodwill amortisation and 0.01 euro after goodwill amortisation in the third quarter of 2002, which corresponds exactly to the level of the comparable quarter last year. Earnings per share before goodwill amortisation amounted to 0.62 euro, based on 5,857,220 shares, in the first nine months of 2002. In the comparable period of the previous year EPS was 0.84 euro, based on 5,852,304 shares. As in previous quarters, the most important performer in the first nine months of the current business year continues to be the e-security sector which increased sales by 19 percent from 69.1 million euro to 82.6 million euro, against the comparable period of the prior year, 69.9 percent of total sales. Contact: ComputerLinks AG, Bettina Zollner, Tel.: 0049 89 93099-174, email: Investor-Relations@computerlinks.de end of ad-hoc-announcement (c)DGAP 05.11.2002 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: “We have achieved sales at the same level as in the first nine months of 2001. Our positive cash position forms a solid basis for financing the future organic growth of the Company. We have recently reinforced our European market leading position by forming ComputerLinks Italy, on October 25, 2002”, said Stephan Link, CEO of ComputerLinks AG. “We expect the usual seasonal upturn in business activity in the IT environment for the fourth quarter of 2002.” ——————————————————————————– WKN: 544 880; ISIN: DE0005448807; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 050801 Nov 02