ADS System AG
ADS System AG english
Ad-hoc-announcement processed and transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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ADS System AG continues with dynamic growth in the 2nd Quarter
Record sales within the first 6 month 2001
Bad Homburg, 23rd August 2001. ADS System Group could continue the positive
development of their business also within the second Quarter.
The consolidated turnover in the first six month was 23.32 mEuro (+359% against
6M/00: 5.08 mEuro). The organic growth without acquisitions was 42% within the
ADS Group. In the biggest market -Germany, sales increased by 150% on an organic
basis. This development could be achieved despite an slowdown in the ITC market
in Europe.
EBITDA was -827 tEuro (6M/2000: -1.48 mEuro). The EBIT after
goodwill/depreciation was -1.53 mEuro (Q1/2000: -1.64 mEuro). Earnings were –
1.32 mEuro (6M/2000: -1.49 mEuro) which resulted in an EPS of -0.21 Euro/Share
(- 0.29). The number of employees in the group has risen by 109% to 343
(6M/2000: 164)
The turnover of the ADS Group as of 30th June was above plan while earnings were
slightly below plan. The main reason for this development were the sales
figures (1 mEuro) of our recently founded subsidiary in Austria and their
expected foundation cost of 400 tEuro as well as cost for the Integration of
last years acquired companies. Due to the usually stronger 2nd half of the year,
ADS expects also a significant stronger earning situation.
The complete quarterly report is actually reviewed by our auditors and will be
published 28th of August on our web-page at http://www.ads.de.
ADS System AG
Kay Fautz
Steinmuehlstr. 26
D-61352 Bad Homburg
Fon +49-6172-288-280
e-Mail IR@ads.de
http://www.ads.de
end of ad-hoc-announcement (c)DGAP 23.08.2001
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WKN: 514780; Index:
Listed: Neuer Markt in Frankfurt;
Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, München, Hannover und
Stuttgart
230851 Aug 01
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