mb Software AG
mb Software AG english
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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A comprehensive balance reassessment for the fiscal year 2000/01 burdens
business results
Hamlin, 29th June 2001. Despite a 22% increase in turnover reaching 41.1
million Euro (previous year: 33.8 million Euro without the RIB portion),
slightly surpassing the forecast turnover of 39.8 million Euro, mb Software AG
will show a loss substantially higher loss than the previously announced 7
million Euro. The balance reassessment, incorporating value adjustments and
depreciation, will lead to a result significantly lower than the original
estimate by the company.
Among other reasons, non-recurring value adjustments for acquired companies are
burdening results with unscheduled depreciation in the business
segment “Strategic Partnerships”. Also, due to the negative development
concerning share prices at the Neuer Markt, value corrections for company-held
stock have become necessary.
Due to the complex nature of auditing and assessment procedures the
publication of the annual results for the fiscal year 2000/01 will be delayed.
Therefore, mb Software has submitted an application for a time-limit extension
to the Deutsche Börse.
Further Information:
mb Software AG
Hermannstr. 1
31785 Hameln
Telefon: 0 51 51 / 9 00 0
Fax: 0 51 51 / 9 00 1 90
E-Mail: mb@mb-software.de
Internet: www.mb-software.de
end of ad hoc announcement (c) DGAP 29.06.2001
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WKN: 658320; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München, Stuttgart
291527 Jun 01
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