PSB AG
PSB AG english
The first quarter of 2003 was the second best quarter in the history of PSB AG
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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The Board of Management is satisfied with the result
PSB AG announces the figures for the first quarter of 2003.
In the first quarter of 2003, PSB AG is on schedule to achieve its targets for
the 2003 financial year. It generated EBIT of TEUR 884 (previous year: TEUR 762,
+16%). Sales fell slightly by 9% to EUR 34,024 million in comparison to the
same quarter of the previous year. The employee headcount is 472.
After the EBIT margin of 2% achieved in the first quarter of 2002, the first
quarter of 2003 saw an increase in the EBIT margin to 2.6%.
Further streamlining (numerous insolvencies) in the IT field as well as our
positioning with our customers and the associated order book levels have led us
to maintain the planned figures for the current financial year. Our investments
in the high-end solution provider segment are now paying off and are increasing
our market opportunities. (PSB AG as a holistic IT supplier; from the PC to the
computer centre)
The key focus for this year is further orientation towards our range of services
as well as absolute EBIT growth and EBIT margin growth (absolute from EUR 3
million in FY 02 to EUR 6 million in FY 03).
To see the full quarterly report, visit www.psb.de or www.deutsche-boerse.com.
The Board of Management
end of ad-hoc-announcement (c)DGAP 15.05.2003
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WKN: 696760; ISIN: DE0006967607; Index:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannnover und Stuttgart
150700 Mai 03
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