EMPRISE Aktiengesellschaft
EMPRISE announces figures for the first quarter of 2008
EMPRISE Aktiengesellschaft / Quarter Results Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- EMPRISE announces figures for the first quarter of 2008: Restructuring efforts show initial successes Hamburg, May 15, 2008. EMPRISE AG, Hamburg, today announced that it has continued its 'Challenge EMPRISE' restructuring program and achieved initial successes. The company recorded sales of EUR 3.8 million in the first quarter. While its operating business was down from the previous year (EUR 6.8 million), EMPRISE nevertheless managed to stop the weak development of business it experienced in the fourth quarter of 2007. EBITDA was EUR -0.4 million (Q1/2007: EUR 0.1 million), EBIT was EUR -0.5 million (Q1/2007: EUR 11,000). The legal and consulting fees of EUR 0.1 million, that were incurred as part of the turnaround project, had a one-off impact on the result for February. In March, five of the six operating companies of EMPRISE already returned to the black in terms of EBITDA. As a result, EBITDA and EBIT for the Group in March were EUR 84,000 and EUR 43,000, respectively. In order improve the Group's earnings and financial position sustainably, the restructuring measures developed in cooperation with Roland Berger management consultants are being implemented systematically. The quarterly report can be downloaded from the company's website at www.emprise.de. Financial information: Maren Wolff, EMPRISE AG, Tel.: +49.40.27072-133, Fax: +49.40.27072-139, e-mail: ir@emprise.de Press information: Grit Pauli, HOSCHKE & CONSORTEN Public Relations GmbH, Tel.: +49.40.369050- 31, Fax: +49.40.369050-10, e-mail: g.pauli@hoschke.de 15.05.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: EMPRISE Aktiengesellschaft Humboldtstr. 62 22083 Hamburg Deutschland Phone: +49 (0)40 27072-134 Fax: +49 (0)40 27072-139 E-mail: ir@emprise.de Internet: www.emprise.de ISIN: DE0005710503 WKN: 571050 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
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