Heiler Software AG
Heiler Software AG english
Heiler Software sustains positive trend through Q1 2002/03
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Heiler Software sustains positive trend through Q1 2002/03
– Sales and profits up, – Especially positive developments in the USA, – Best
quarter since IPO, – Admission to the Prime Standard
Stuttgart, February 13, 2003 * In the first quarter (to December 31) of fiscal
2002/2003, Heiler Software AG saw its consolidated sales according to US-GAAP
leap 0.96 million Euro to 2.20 million Euro (+78%) compared with the same period
in the previous fiscal. Earnings before interest and taxes (EBIT) improved 1.20
million Euro to 0.26 million Euro on the back of this sales growth. This
performance gave Heiler Software its strongest quarterly sales and best earnings
result since the company’s IPO in November 2000. After seeing the after-tax
result in the preceding quarter (Q4 2001/2002) burdened by one-off charges for
value adjustments, the company recorded a positive after-tax result of 0.31
million Euro or 0.03 Euro per share for the first time in the quarter under
review. Shareholders’ equity accordingly rose to 25.3 million Euro or 2.30 Euro
per share (95% of total assets). Cash and cash equivalents totaled 20.6 million
Euro. The Heiler Group therefore remains on an extremely solid financial
footing.
The positive business trend was partly due to orders from bigname customers such
as INA Schaeffler KG and Nordzucker AG on the company’s home market.
Developments were also particularly upbeat in the USA, where Covisint, the
global leading electronic marketplace for car-makers decided to install the PBC
Premium Business Catalog. Via the Covisint marketplace, the Heiler catalog
management solution will in future be deployed at one of the biggest US American
companies. First-quarter results and the positive business trend in the USA
leave Heiler Software AG confident that year-on-year sales will rise sharply and
earnings improve further in fiscal 2002/2003. In light of prevailing
macroeconomic uncertainties, it nevertheless remains difficult to make definite
sales and earnings forecasts.
Heiler Software AG was one of the first companies to be admitted to the Prime
Standard, the high-quality segment of the Frankfurt Stock Exchange in which
stocks have been traded since the start of the year.
For more information and the full text of the first-quarter report 2002/2003,
visit us on the Internet at http://www.heiler.com .
end of ad-hoc-announcement (c)DGAP 13.02.2003
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WKN: 542990; ISIN: DE0005429906; Index:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin,
Düsseldorf, Hamburg, Hannover und Stuttgart
130830 Feb 03
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