Comroad AG
ComROAD AG english
In the business year 2001,ComROAD increases turnover by 114% to EUR 93,6
million
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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In the business year 2001,ComROAD increases turnover by 114% to EUR 93,6 million
Unterschleissheim (Germany), January 15, 2002 – In the business year 2001,
ComROAD AG, worldwide leading provider of telematic networks, has achieved a
turnover of EUR 93,6 million. Compared to the previous year, ComROAD has thus
managed to increase its turnover by 114% – in spite of the general drop in
investments following the terrorist attacks of September 11, 2001. 12% of the
turnover was generated in the segment of GTTS service centers, 78% in the
segment of in-vehicle units, and 10% came from the licensing and service income.
With 265%, the very profitable segment “licensing and service income” has grown
overproportionally.
By December 31, 2001, contracts for setting up 48 GTTS service centers had been
concluded with 37 GTTS partners. Telematic services based upon ComROAD’s GTTS
technology are currently marketed in 37 countries worldwide. These services
include off-board navigation, location-based services (location-based
information on gas stations, hotels, restaurants), emergency/road assistance and
fleet management.
ComROAD will announce the profit for the business year 2001 on February 25,
2002.
Contact:
ComROAD AG
Stefan Mehler
Investor Relations
Edisonstr. 8
85716 Unterschleißheim
Tel.: +49-(0) 89-315 719-48
Fax: +49-(0) 89-315 16 94
Email: smehler@comroad.com
end of ad-hoc-announcement (c)DGAP 15.01.2002
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WKN: 544940; ISIN: DE0005449409; Index: NEMAX 50
Listed: Neuer Markt Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
150744 Jän 02
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