Gauss Interprise AG
Gauss Interprise AG english
Gauss Interprise AG publishes the Group’s results for the first 6 months of 2002
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Gauss Interprise AG publishes the Group’s results for the first 6 months of 2002
Gauss Q2 EBITDA results show considerable improvement
US business EBT profitable for third quarter in succession
Hamburg, 2002-08-29. Gauss Interprise AG (Neuer Markt: GSO, WKN 507 460) today
announced the Group’s results for the six months of 2002 and Q2 2002. In Q2
Gauss generated revenues of EUR 8.39 million (EUR 8.91 million). EUR 3.13
million (prev. EUR 4.72 million) were generated from license sales. EUR 4.77
million (EUR 3.68 million) were attributable to services. In the first 6 months,
revenues amounted to EUR 15.98 (prev. EUR 17.23 million). Gauss was able to
considerably reduce the EBITDA loss to EUR -0.5 million (prev. EUR -8.91
million) in Q2 and to EUR -1.75 million (prev. EUR -16.60 million) in the first
six months. Despite the difficult market situation, the measures realized in the
context of the break-even initiative since mid 2001 have produced positive
effects. The net income per share in the first 6 months amounted to EUR -0.08
(prev. EUR -0.60). In the TAMS region, revenues of EUR 10.62 million (prev. EUR
11.14 million) were generated in the first 6 months, which corresponds to
approximately 66% of the Group’s revenues. The US subsidiary generated positive
EBT results for the third quarter in succession. In the EMEA region, revenues of
EUR 5.24 million (prev. EUR 6.09 million) were generated in the first 6 months.
In the context of the business development, revenues of EUR 0.12 million were
for the first time generated in the AsiaPacific region. At the moment, the Gauss
Group expects revenues to reach, at best, the low end of the EUR 35-40 million
range published as target for the year 2002. This would mean that the level of
the previous year could be maintained. Instead of an EBITDA break-even for the
entire year, we anticipate a still negative EBITDA result for the Gauss Group,
which we expect to improve against the first 6 months. For Q4 2002, we expect a
clearly positive EBITDA result for the Group as a whole and for the EMEA and
TAMS reporting units.
The quarterly report of Gauss Interprise AG has been published at
www.gaussvip.com and on the Internet site of the German stock exchange. Gauss
Interprise AG,Fon: +49-40-3250-1100,e-mail: corpcomm@gaussvip.com,
www.gaussvip.com
end of ad-hoc-announcement (c)DGAP 29.08.2002
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WKN: 507460; ISIN: DE0005074603; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
290744 Aug 02
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