Arrow ECS AG
COMPUTERLINKS AG english

COMPUTERLINKS reports increase in turnover and profits in the 1st half of 2003 Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– COMPUTERLINKS reports increase in turnover and profits in the 1st half of 2003 COMPUTERLINKS AG, Munich, achieved turnover of 38.5 million Euro in the 2nd quarter of 2003 compared to 39.9 million Euro in same quarter last year. Based on the same exchange rate ratio (GBP/Euro) as in the previous year turnover in the 2nd quarter of 2003 would have been 41.8 million Euro. The gross margin shows a very satisfactory positive trend. It increased to 20.9% in the 2nd quarter of 2003 compared to 19.3% in the 1st quarter of 2003. Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose compared to the 2nd quarter of 2002 from 2.25 million Euro to 2.72 million Euro in the 2nd quarter of 2003, an increase of 20.9%. The profit for the quarter is 1.46 million Euro (2nd quarter 2002: 0.01 million Euro). Earnings per share are therefore 0.25 Euro in the 2nd quarter of 2003. The financial situation of COMPUTERLINKS AG continues to be extremely sound. Despite deferred acquisition consideration of 1.4 million Euro paid in the 2nd quarter of 2003, cash holdings increased to 11.8 million Euro. By contrast there are no bank loans or overdrafts. COMPUTERLINKS AG achieved group turnover of 80.7 million Euro after 6 months of the current financial year (1st half of 2002: 76.9 million Euro), an increase of 4.9%. EBITDA rose by 16.5% in the 1st half of 2003 from 4.4 million Euro to 5.2 million Euro. Profit for the first half of 2003 amounted to 2.7 million Euro (first half of 2002: 0.02 million Euro) and earnings per share are 0.47 Euro. The chief performer in the first half of 2003 was the e-security business, which contributed 73.6% of total sales. 22.9% of sales were achieved in the e- business division. end of ad-hoc-announcement (c)DGAP 07.08.2003 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: “The convincing performance of the COMPUTERLINKS Group in the first half of 2003 demonstrates the strength of our product portfolio comprising the dynamic e- security and e-business divisions. Our comprehensive and complementary product portfolio is ‘state-of-the-art’. In addition the combination of various manufacturers and technologies results in great appeal and ‘cross-selling effects’ for our system integrators”, says Stephan Link, CEO of COMPUTERLINKS AG. ——————————— At a glance: in million Euro 1st half of 2003 1st half of 2002 Change in % Turnover 80.7 76.9 +4.9 EBITDA 5.2 4.4 +16.5 EBIT 4.4 1.3 +230 Net Profit 2.7 0.02 +11,817 Earnings per share 0.47 0.00 >100 2nd quarter 2003 2nd quarter 2002 Change in % Turnover 38.5 39.9 -3.5 EBITDA 2.7 2.3 +20.9 EBIT 2.3 0.7 +241 Net profit 1.46 0.01 +11,108 Earnings per share 0.25 0.00 >100 The six month report is available as a pdf-file on our website http://www.computerlinks.com . Contact: COMPUTERLINKS AG Bettina Zollner Stefan-George-Ring 23, 81929 Munich Tel.: +49 89 93099-174, Fax: +49 89 93099-200 email: Investor-Relations@computerlinks.de ——————————————————————————– WKN: 544880; ISIN: DE0005448807; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 070837 Aug 03