Arrow ECS AG
COMPUTERLINKS AG english

COMPUTERLINKS AG: Solid increases Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– COMPUTERLINKS AG: Solid increases COMPUTERLINKS AG, Munich, shows a positive start to the 2003 financial year. The value added IT distribution company achieved solid increases in all key figures in the first three months of 2003 compared to the first three months of 2002. Group turnover totalled 42.2 million Euro in the period under review against 37 million Euro in the same quarter last year, an increase of 13.9%. Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased by 11.9%, from 2.2 to 2.5 million Euro. After depreciation of 0.4 million Euro, earnings before interest and taxes (EBIT) of 2.1 million Euro are reported for the first quarter of 2003. This represents a rise of 218.8% compared to the first three months of 2002 when earnings before interest and taxes were 0.7 million Euro. Earnings before tax (EBT) were 2.1 million Euro compared to 0.6 million Euro in the first quarter of 2002. Profit for the quarter amounted to 1.3 million Euro (1st quarter 2002: 0.01 million Euro) with the profit per share standing at 0.22 Euro after three months. The cash situation showed a further improvement in the first quarter of 2003. Cash and cash equivalents rose from 11.1 million Euro on 31st December 2002 to 11.7 million Euro as at 31st March 2003. Against this there are no bank loans or overdrafts. The e-security business division, with growth of 18.6% to 30.7 million Euro (1st quarter 2002: 25.9 million Euro), was again the chief performer in the first three months of 2003. COMPUTERLINKS AG envisages opportunities for growth in the e-security division during the current year as a result of some positive special factors affecting business activity. Turnover in the period under review in the e-business sector and training and consultancy was similar to that in the same period last year. This was primarily due to the continuing difficult overall economic conditions. end of ad-hoc-announcement (c)DGAP 06.05.2003 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: Stephan Link, CEO of COMPUTERLINKS AG, stated: “We have been able to achieve further growth at the beginning of 2003 contrary to economic and industrial trends. As a result of our presence in six countries we are the European leaders. We have a sound balance sheet structure with a comfortable equity capital situation. We continue to be profitable and are independent of financial markets because of our positive cash flow.” ——————————————————————————– WKN: 544880; ISIN: DE0005448807; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 060751 Mai 03