Arrow ECS AG
COMPUTERLINKS AG english

COMPUTERLINKS continues on course after nine months Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– COMPUTERLINKS continues on course after nine months COMPUTERLINKS AG increased group turnover by 2.7% to 121.4 million Euro in the first nine months of the current financial year (118.2 million Euro in the same period last year). Based on the same exchange rate (GBP/Euro) as in the previous year, turnover for the first nine months in 2003 would have reached 126.2 million Euro (+ 6.8%). The gross profit margin after the first nine months in 2003 is 19.9% (21.3% in the same period last year). Earnings before interest, taxes, depreciation and amortisation (EBITDA) were 7.8 million Euro in the period 1.1.2003 to 30.9.2003 compared to 7.1 million Euro in the same period last year (+ 11%). The profit for the nine month period of the current financial year is 4.1 million Euro (same period last year: 0.05 million Euro). Earnings per share of 0.70 Euro compares to 0.01 in the comparable period in 2002. Once again the strong cash position deserves special mention. The Group has cash and cash equivalents of 14.2 million Euro as of 30th September 2003 (31st December 2002: 11.1 million Euro). By contrast there are no bank loans or overdrafts. In view of the continuing positive trend of business COMPUTERLINKS AG plans to distribute a dividend for the financial year 2003 of approximately 0.34 Euro per share at the next General Meeting. This will result in an outflow of cash funds of approximately 2 million Euro in 2004. The COMPUTERLINKS Group achieved turnover of 40.7 million Euro for the 3rd quarter of 2003 (3rd quarter 2002: 41.2 million Euro). Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to 2.7 million Euro in the 3rd quarter of 2003 compared to 2.6 million Euro in the 3rd quarter of 2002. The profit for the quarter is 1.4 million Euro (3rd quarter 2002: 0.03 million Euro). Therefore earnings per share amount to 0.23 Euro in the 3rd quarter of 2003, compared to 0.01 Euro in the 3rd quarter of 2002. The chief performer continues to be the e-security division. In the first nine months of 2003 it represented 74.5% of Group turnover, with the e-business division contributing 22%. Contact: COMPUTERLINKS AG, Bettina Zollner Stefan-George-Ring 23, 81929 Munich, Germany Tel.: +49 (0)89 93099-174, Fax: +49 (0)89 93099-200 email: Investor-Relations@computerlinks.de end of ad-hoc-announcement (c)DGAP 04.11.2003 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: Stephan Link, founder and CEO of COMPUTERLINKS AG stated: “We were able to continue our growth trend after nine months of the current financial year. The formation of COMPUTERLINKS Hungary will further strengthen our position as market leader; we are now represented in seven European countries. As a result of our presence in these countries, our extensive vendor contracts and our broadly based customer profile, our business is diversified and secure.” This ad hoc release and the nine month report can be called up on http://www.COMPUTERLINKS.de At a glance: in million Euro 01.01.-30.09.2003 01.01.-30.09.2002 Change in % Turnover 121.4 118.2 +2.7 EBITDA 7.8 7.1 +11.0 EBIT 6.7 2.4 >+100 Net income 4.1 0.05 >+100 Earnings per share 0.70 0.01 >+100 Q3/2003 Q3/2002 Change in % Turnover 40.7 41.2 -1.3 EBITDA 2.7 2.6 +1.6 EBIT 2.3 1.1 >+100 Net income 1.4 0.03 >+100 Earnings per share 0.23 0.01 >+100 The percentage change is based on values which have not been rounded off ——————————————————————————– WKN: 544880; ISIN: DE0005448807; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 040920 Nov 03