Lobster Network Storage AG
Lobster Network Storage english
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Berlin, 28.09.2001 +++ At the press- and analyst conference held today Lobster
Network Storage AG presented its annual report 2000/01 (30.06.2001, US-GAAP).
The company recorded net sales of DMm 25,9 (prior year: DMm 25,0 +4%), an EBITDA
of minus DMm 5,0 (py: minus DMm 9,6 -48%) and a net-loss of minus DMm 11,1 (py:
minus DMm 12,9 14%). Earnings per share amounted to minus DM 5,73 per share
(py: minus DM 7,03 per share, -19%).
In the segment ‘project business’ the company saw sales growth of 141% to DMm
15,1 (py: DMm 6,2). In the segment ‘reseller business’ sales reduced by 42% from
DMm 18,7 to DMm 10,9 in line with plan.
The 2000/01 annual accounts include non-operating charges of approx. DMm 5
associated with write-off of goodwill and other assets as well as restructuring
costs for the wholly-owned subsidiary Novotec.
Cash reserves amounted to DMm 4,6 on balance-sheet date.
From now onwards the company will report its results in Euro. For the current
first quarter of the fiscal year 2001/02 the company forecasts net sales of
roughly Eurom 3,3 and an EBITDA of minus Eurom 0,4 (py: Eurom 3,1 and minus 0,5
respectively). The achievement of break-even performance is forecast for the
fourth quarter. Planned net sales for the total year 2001/02 amount to Eurom
18,9. EBITDA for the total year is forecast at minus Eurom 0,7.
For further information:
Lobster Network Storage AG, Ms. Kira Baitalskaia, Zimmerstrasse 68, 10117
Berlin, Tel: 030.896.72-0, Fax: 030.896.72-499, Email: info@lobster.de,
http://www.lobster.de
end of ad-hoc-announcement (c)DGAP 28.09.2001
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WKN: 508290; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
280801 Sep 01
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