Heiler Software AG
Ad hoc-Service: Heiler Software 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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Heiler Software AG increases sales by 120 % in the first quarter of financial
year 2000/01
Stuttgart, February 13, 2001. Heiler Software AG achieved sales of Euros 2.0
million for the first quarter of financial year 2000/01 (balance sheet date:
Sept. 30) which represent an increase of 120 % compared to Euros 0.9 million in
the reference period. This exceeded planned figures. The increase is due above
all to licensing income from the B2B software platform High Commerce and its
related products. At Euros -0.82 million (previous year: Euros -0.18 million),
income before taxes according to US-GAAP was still negative as planned. This
was mainly caused by high spending on research & development (Euros 0.92
million) as well as increased product and personnel marketing activities.
The inflow of funds from the successful initial public offering on November 7,
2000 considerably improved the financial base of the Group, Shareholders’
equity increased from Euros 11.5 million to Euros 33.2 million – almost 95 % of
the balance sheet total. There was a corresponding significant increase of cash
and cash equivalents, which also had a significant effect on the cash flow
account of the Group. The number of employees increased within a one-year
period by 39 to 85; resources in research and development, sales & marketing as
well as in the administrative division were considerably expanded.
For the entire year 2000/01, Heiler Software AG confirmed the ambitious goals
communicated during the initial public offering. Accordingly, sales are
expected to more than double at approximately Euros 12 million. In addition,
the Heiler Premium Business Catalog and the Heiler Interactive Customer Office
(ICO) are two new products that were advanced decisively and for which pilot
clients have already been acquired. A move to profitability is planned for the
second quarter of 2002.
For more information please contact:
Heiler Software AG Heiler Software AG
Public Relations Investor Relations
Nikolaus Zumbusch Torsten Schüssler
Mittlerer Pfad 5 Mittlerer Pfad 5
D-70499 Stuttgart D-70499 Stuttgart
Phone: +49 (0)711 13984-400 Phone: +49 (0)711 13984-405
Fax: +49 (0)711 8666301 Fax: +49 (0)711 8666301
nzumbusch@heiler.com tschuessler@heiler.com
end of Ad hoc-announcement, (c) DGAP 13.02.2001
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WKN: 542 990; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Stuttgart, Berlin, Bremen,
München, Hamburg, Hannover, Düsseldorf
130823 Feb 01
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