Graphisoft N.V.
Graphisoft N.V. english
Graphisoft published Q3 report
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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November 14, 2002 – Graphisoft announced today revenues of 4.4 million EUR and
17.7 million EUR for the three- and nine-month periods ended September 30, 2002.
These figures are below those of 2001 by 33.2% and 16.6%, respectively.
Operating expenses (17.3 million EUR) are in line with the budget and are 4.9%
less than the same nine-month period in 2001. However, savings in operating
expenses did not offset the shortfall in revenues, and Graphisoft generated an
operating loss of 2.3 million EUR, both in the three- and nine-month period.
The Company reports a 0.19 EUR and a 0.27 EUR loss per share for the third
quarter and for the nine-month period of 2002, respectively. While Graphisoft
had a loss in these periods of 2001 (0.31 EUR and 0.30 EUR), too, that loss was
primarily related to an impairment charge (3,135 TEUR); this year the loss is
purely operational by its nature.
Following the extended testing period, the Company released ArchiCAD 8 on
November 7, 2002. The new relase is expected to have a positive effect on
revenue generation through the first half of 2003 as localised versions are
released to their respective markets throughout Q4 this year and Q1 of 2003.
Graphisoft’s management continues to review its operations and the restructuring
of the Company is proceeding. The changes instituted in the second half of 2002
are expected to have impact on operating results in 2003.
end of ad-hoc-announcement (c)DGAP 13.11.2002
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WKN: 913585; ISIN: NL0000200525; Index:
Listed: Neuen Markt in Frankfurt; Freiverkehr Düsseldorf, Bremen, München
Stuttgart, Berlin, Hannover und Hamburg
132057 Nov 02
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