Heiler Software AG
Heiler Software AG english
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
——————————————————————————–
Heiler Software AG expects to break even in the second six months of financial
year 2001/02
Shift in sales requires an adjustment of the forecast for 2000/01
The large-scale market acceptance of Heiler Software AGs catalog-based
procurement solutions led to the opening up of lucrative projects with major
clients in the fourth quarter of the current financial year (Sept. 30). Contrary
to expectations, however, project delays caused a shift of sales in connection
with these activities to financial year 2001/02 which begins on October 1, 2001.
The sales forecast for financial year 2000/01 is thus adjusted from Euro 8.0
million to Euro 6.0 million. Due to the reduced sales expectations, earnings
before interest and taxes (EBIT) for 2000/01 will amount to Euro – 5.9 million
instead of the previously expected Euro – 4.0 million.
As one of the leading suppliers of catalog-based e-procurement systems, Heiler
Software AG was able to win over such well-known clients as the energy companies
RWE, EnBW and DEA as well as other large clients such as Andreas Stihl,
Benteler, VA Tech and the publishing group Madsack. The forward-looking
positioning of the Company was further enhanced by the continued development of
the Premium Business Catalog to include a solution that can also be used for the
procurement of strategic goods. In the coming financial year, measures aimed at
improving sales and thus also revenues that build on this development will be
of primary interest. Product development, the strengthening of sales channels
and the optimization of internal process management will have high priority.
Based also on those orders already attained, Heiler Software expects a more
than 60 % increase in sales to Euro 10 million. Profitability is expected to be
reached in the second half of financial year 2001/02.
Heiler Software AG has a solid financial structure. The Company currently has
liquid funds in the amount of Euro 24.5 million (equivalent to Euro 2.23 per
share) and an equity ratio of more than 90 %.
The Annual Report 2000/01 (Sept. 30) will be published on December 19, 2001.
Stuttgart, September 12, 2001
The Board of Management
end of ad-hoc-announcement (c)DGAP 12.09.2001
——————————————————————————–
WKN: 542 990; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Stuttgart, Berlin, Bremen,
München, Hamburg, Hannover, Düsseldorf
120836 Sep 01
Latest News
Latest Reports
No Reports found
Upcoming Events
No Events found
Webcasts
No Webcasts found