ArtStor AG
Ad hoc-Service: ArtStor AG english
Ad-hoc announcement precessed and sent by DGAP.
The sender is solely responsible for the contents of this announcement.
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ArtStor: Provisional Result for the Financial Year 2000
Hamburg – According to provisional calculations, ArtStor AG (WKN 549 286) noted
on the ‘new market’ of the German stock exchange, has achieved sales of EUR
12.1 million in the year ending 31.12.2000 (1999: EUR 14.8 million). Earnings
before interest, taxes and depreciation (EBITDA) were EUR 0.02 million (1999:
EUR 0.57 million). The provisional operational result (EBIT) amounts to EUR
-0.48 million (1999: EUR 0.45 million). The EBIT margin comes to -3.97 per cent
(1999: 3.04 per cent). The net income for the year amounts to EUR 0.23 million
(1999: EUR 0.25 million). Earnings per share come to EUR 0.03 (1999: EUR 0.04).
Orders already placed worth around EUR 2 million, which customers postponed
to the current financial year, have affected the result planned for the year
under review.
In a year-to-year comparison, the number of employees (as at 31.12.) rose from
28 to 60.
According to provisional figures the specialist storage company Zeta AG of
Unterschleißheim near Munich, which was taken over with effect from 1st January
2001 and which employs 35 people, achieved sales of EUR 61 million in the year
under review. This is the equivalent of a 69 per cent hike compared with the
previous year.
Following the difficult financial year 2000, ArtStor which now has a nationwide
sales organisation and a portfolio of around 1,600 customers these days is well
placed for the curent financial year. As at 31st January ArtStor group’s sales
amount to EUR 7 million compared to EUR 4.6 million in January 2000.
For 2001 the company anticipates sales of around EUR 85 million and EBIT of EUR
3.9 million. This corresponds to an EBIT margin of 4.6 per cent. For 2002
ArtStor is projecting sales of EUR 110 million and an EBIT of EUR 6.1 million.
This corresponds to an EBIT margin of 5.5 per cent.
The final figures for the financial year 2000 will be announced at the Balance
Sheet Press Conference to be held on 20th March. The Annual General Meeting
will take place in Hamburg on 2nd July.
In case of queries please contact: ArtStor AG, Britt Wiedenhöft (Chairwoman of
the Management Board),
telephone: (040) 65727-556, telefax: (040) 65727-589,
e-mail b.wiedenhoeft@artstor.de, Internet: www.artstor.de
end of Ad hoc-announcement, (c) DGAP 20.02.2001
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WKN: 549 286; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München, Stuttgart
202106 Feb 01
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