Heiler Software AG
Ad hoc-Service: Heiler Software AG english
Ad hoc announcement transmitted by DGAP.
The issuer has the sole responsibility of this announcement.
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Business strategy developed further due to the decline in demand for B2B
marketplace solutions. Nevertheless, Heiler Software expects a sales increase of
60 % for 2000/2001 compared to the previous year.
In light of a global decline in the demand for B2B marketplace solutions, Heiler
Software AG, Stuttgart, took steps to further develop the business strategy in
the second quarter of financial year 2000/01 (Sept. 30). The core competency of
the Company in the area of eProcurement solutions will be strengthened through
the marketing of the Heiler Premium Business Catalog and the associated content
and integration services for SAP business-to-business procurement. As a result,
Heiler Software AG will be one of the leading providers of electronic catalogues
in an SAP environment and for eProcurement solutions for banks, insurance
companies and industry.
While significant sales have already been generated with these eProcurement
solutions in the first two quarters of 2000/01, market conditions caused sales
revenues in the other areas to remain significantly below expectations. The
difficult state of the US market led to a deliberately cautious stance in the US
business in view of the possible risks connected with these activities. Planned
US sales of approximately Euro 2 million will therefore also be removed from
the current financial year’s budget. Heiler Software now expects an increase in
sales of 60 % to approximately Euro 8 million for 2000/01 (1999/2000: Euro
4,989 million). As it now stands, the previous sales target of Euro 12 million
will not be reached.
Earnings before interest and taxes (EBIT) are expected to be approximately
negative Euro 4.0 million for 2000/01 and are therefore below the previously
targeted figure of negative Euro 2.1 million due to the decline in expected
sales and necessary investments in products and resources. A significant
improvement in performance has the highest priority in financial year 2001/02.
The Company presently has liquid assets in the amount of Euro 26 million and an
equity ratio of 94 %.
The quarterly report for the second quarter will be available on May 3, 2001.
Stuttgart, April 12, 2001
The Board of Management
end of ad hoc announcement, (c) DGAP 12.04.2001
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WKN: 542 990; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Stuttgart, Berlin, Bremen,
München, Hamburg, Hannover, Düsseldorf
121703 Apr 01
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