Heiler Software AG
Heiler Software AG english
Heiler Software AG discloses results for the second quarter of fiscal 2001/2002
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Stuttgart, May 7, 2002. Heiler Software AG, Stuttgart, a leading provider of
catalog management solutions, today published its results for the second quarter
of fiscal 2001/2002, to March 31, 2002.
Second-quarter sales stood at Euro 0.87 million, compared to Euro 1.24 million
in the first quarter. Earnings before interest and taxes (EBIT) came to minus
Euro 1.32 million, compared to minus Euro 0.94 million in the previous quarter.
Despite a difficult market climate overall, the company was nevertheless able to
build on its strong position as a supplier to the automotive industry,
acquiring Mann + Hummel and Steyr-Daimler-Puch as new customers.
In light of the number and quality of orders in the pipeline, Heiler expects
sales and earnings to improve considerably in the second half of the current
fiscal year. Even so, the speed with which anticipated orders translate into
sales revenues will naturally be crucial to our stated aim of breaking even on a
quarterly basis in the second half. For fiscal 2001/2002 as a whole, Heiler
expects to record sales worth between Euro 5 million and Euro 6 million and to
post EBIT of between minus Euro 3 million and minus Euro 4 million.
Heiler Software AG has a very solid capital base of Euro 25.5 million
(equivalent to 92% of total assets) and cash and cash equivalents worth Euro
21.9 million. Such persistently positive reserves of liquidity and capital give
the management the room they need to guide the company’s further development.
For more information, please visit us on the Internet at www.heiler.com.
end of ad-hoc-announcement (c)DGAP 07.05.2002
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WKN: 542 990; ISIN: DE0005429906; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Stuttgart, Berlin, Bremen,
München, Hamburg, Hannover, Düsseldorf
070852 Mai 02
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