PC-Ware Information Technologies AG
PC-Ware with strong growth in revenue and profit
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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PC-Ware with strong growth in revenue and profit
Leipzig, November 19 2004
In the first six months of the current financial year, PC-Ware achieved a
significant growth in revenue by 21.4 % to EUR 222.3 million. Earnings before
interest and taxes (EBIT) rose by an impressive 221 % to EUR 1.2 million
year-on-year. In the same period earnings before taxes (EBT) increased by 52%.
All three areas of business contributed to this forward momentum. The share of
foreign sales rose from 40 to 43 %. PC-Ware’s forecast for the full financial
year remains unchanged.
Growth in revenue was mainly driven in the second quarter (July 1 to September
30) by three trends:
– Increase in demand for standard software. The Software Sales & Licensing
segment grew by 9.7 % to EUR 84.6 million, while the share attributable to
other software enterprises with higher margin increased from 42 to 53 %.
– PC-Ware’s ability to identify key market requirements within the service
sector. Sales in the Service segment thus were propelled by an impressive
89.4 % to EUR 3.5 million.
– The fact that PC-Ware is becoming more widely acknowledged as a high-calibre
system house. Revenue increased by 57.9 % to EUR 18.6 million.
Growth in our foreign subsidiaries in Italy (245 %) and in Switzerland
(70.6 %) was particularly impressive.
PC-Ware expects a strong third quarter und reaffirms its revenue target of EUR
460 to EUR 470 million for the full financial year.
Further Information:
Investor Relations
Dr. Ingmar Ackermann
Tel. +49 (0)341 25 68-148
investor.relations@pc-ware.de
end of ad-hoc-announcement (c)DGAP 19.11.2004
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WKN: 691090; ISIN: DE0006910904; Index:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hannover und Stuttgart
190752 Nov 04
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