WWL Internet AG
WWL Internet AG english
WWL announces expected turnover and operating results for 2002
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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WWL announces expected turnover and operating results for 2002
Nuremberg, 02. May, 2002. With the publication of its report for the 2001
financial year, WWL Internet AG (security code number 783010) has announced its
forecasts for the current financial year. The company expects its 2002 turnover
to be around EUR 12 m (2001 turnover: EUR 12.3 m) with EBIT between EUR -1 and –
2 m. (Results for 2001:
EUR -14.1 m) The Internet service provider assumes that the negative figures
will constantly improve in the course of the year and that the company will
achieve break-even in the fourth quarter. At the end of last year, the company
still expected to achieve this target in the first half of 2002. The slow start
to the current financial year has now led to this course correction.
The turnover forecast for the current financial year, conservative in comparison
with the proceeds for 2001, is due to company restructuring. As a result of
concentrating on its core business, WWL shed a number of business areas last
year. For example, since the summer of last year, the company systematically ran
down the Network sector, which still contributed around EUR 2.2 m to total
turnover, and relinquished it completely towards the end of the year.
For further information:
Schumacher’s
Aktiengesellschaft für Finanzmarketing
Investor Relations Partner of WWL Internet AG
Claudia Schumacher
Telefon: +49-89/489272-0
Telefax: +49-89/489272-12
wwl@schumachers.net
end of ad-hoc-announcement (c)DGAP 02.05.2002
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WKN: 783 010; ISIN: DE0007830101; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
020833 Mai 02
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