COR AG Financial Technologies
COR AG Financial Technologies: COR AG announces target figures for 2009 – turnover to increase by 16.7%, earnings to grow by 4.5%.
COR AG Financial Technologies / Results Forecast 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. ---------------------------------------------------------------------- COR AG announces target figures for 2009 – turnover to increase by 16.7%, earnings to grow by 4.5%. (Leinfelden-Echterdingen, 11 November 2008) – COR AG Financial Technologies anticipates an increase in turnover and earnings in the financial year 2009 compared to the target figures for the ongoing year: turnover in 2009 is estimated to increase by almost 16.7 per cent to EUR 70.0 million and the pre-tax operating result (EBT) by almost 4.5 per cent to EUR 7.0 million. This growth results not only from the impact of the ALLDATA Systems GmbH acquisition, but also from stable existing customer business and the many new customers that have been gained in 2008. In addition, COR is again expecting to attract more new customers in the coming year now that it has established its position on the market as a service provider for the whole financial services sector. Issuing party: COR AG Financial Technologies Karlsruher Straße 3 70771 Leinfelden-Echterdingen WKN 508320, ISIN DE0005083208 Stock exchange centres: Regulated market in Frankfurt (Prime Standard); Open market in Berlin, Dusseldorf, Hamburg, Stuttgart Contact: COR AG Financial Technologies Investor relations Karlsruher Straße 3 70771 Leinfelden-Echterdingen Tel.: +49 711 94958-0 E-mail: ir@corag.de Internet: http://www.corag.de 11.11.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: COR AG Financial Technologies Karlsruher Straße 3 70771 Leinfelden-Echterdingen Deutschland Phone: +49(0)711-94958-0 Fax: +49-(0)711-94958-49 E-mail: ir@corag.de Internet: www.corag.de ISIN: DE0005083208 WKN: 508320 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Stuttgart, Hamburg, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
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