Prodacta AG
Ad hoc-Service: Prodacta AG Ad-hoc 22.11.00 e
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Prodacta AG interim report as of September 30, 2000
Restructuring measures positive downturn checked in Q3/2000
Substantial growth in sales revenues and slightly
positive operating result targeted for 2001
As a result of extensive restructuring measures, various cost-
cutting provisions and the sale of the loss-making telematics
subsidiary valuesoft GmbH with retroactive effect as of
June 30, 2000, Prodacta AG (Ettlingen) successfully reversed
the pronounced loss-making trend of the first six months of
the year in Q3/2000. The EBIT loss, before amortization from
acquisitions, declined as against the second quarter from
DM 6.5 million to DM 2.9 million.
Compared with the past three months, sales revenues fell in
Q3/2000 by 21.7 % from DM 9.2 million to DM 7.2 million. This
decline in sales revenues is the result of the effects of the
restructuring measures and the sale of valuesoft GmbH.
Prodacta is now expecting a decrease in sales revenues of
DM 2.5 million to around DM 32.5 million for the year as a
whole. Sales of DM 24.2 million had been generated by
September 30, 2000. EBIT before amortization resulting from
acquisitions, originally expected to be down by DM 14 million
– will probably amount to DM 16 million for fiscal year 2000
as a whole.
As a result of the positive effects of the implemented
restructuring measures, Prodacta’s Managing Board is not
excluding the possibility of breaking even again in Q4/2000.
The company is targeting a substantial growth in sales revenue
to around DM 40 million and a slightly positive operating
result for 2001.
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