Winter AG
Winter AG english

Ad Hoc Report for Winter AG on the final results up to the first quarter of 2002 Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Final numbers from Winter AG for the 1st Quarter of 2002: Turnover slightly higher / Higher production volumes lead to negative EBIT / Order book is up by 60% Olching near Munich, 10 May, 2002. Winter AG, the Neuer Markt-listed chip card manufacturer turned over 10.5 million euro in the first quarter of fiscal 2002. This allowed the company to exceed the results of the comparable, previous quarter. While revenues in the Cards business division were stable at 5.2 million euro, turnover in the Card Services division rose by 340,000 euro to 5.2 million euro as well. These increases were achieved through higher personalisation services. The IT Security business division’s sales also rose from 84,000 euro in the first quarter of 2001 to 174,000 euro. EBIT fell came in at negatively -499,000 euros. In the first quarter of 2001, EBIT had amounted to 450,000 euros. EBIT in Q1 2002 was particularly hampered by high production costs in the bank card area. The company plans to book the respective revenues and earnings contributions in the third and fourth quarters of this year. Earnings were additionally influenced by enormous pricing pressure, which dominates the telecommunication card sector. Earnings for the quarter finally totalled -443,000 euro. Against this background, the order for the beginning of this year is especially positive. The bank card area alone already has available orders for around 10 million euros’ worth of business, in volume terms. This means a doubling of in this division compared to last year. In total, the order book is now 14.8 million euros – 60% higher than the previous year’s 9.6 million euros. end of ad-hoc-announcement (c)DGAP 10.05.2002 ——————————————————————————– WKN: 555 560; ISIN: DE0005555601; Index: Listed: Neuer Markt Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 100658 Mai 02