Novasoft AG
Novasoft AG english
Novasoft once again delivers double-figure EBIT margin with 12.2 percent
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Novasoft once again delivers double-figure EBIT margin with 12.2 percent
Persisting adverse situation in the IT sector requires adjustment of sales
target / Forecast on EBIT margin remains valid
Compared to the previous year, in the first six months, Novasoft AG registered
sales growth of 16.6 percent to 37.3 million Euro. At the same time, operative
profits rose by 8.7 percent to 4.6 million Euro. The quarterly result trend is
just as positive. Compared to the second quarter of 2001, Novasoft registered an
increase in the operative result of 4.1 percent to 2.3 million Euro with a
sales increase of 12.7 percent to 19.0 million Euro. The current situation in
the IT Service sector also requires, however, that Novasoft AG adjust its
planned sales growth from 25 to 15 percent. By sector comparison, the
permanently high profitability of Novasoft is a striking feature. The EBIT
margin is still over 12 percent, the EBITDA margin 15.4 percent. In the first
half of the year, orders were secured, among others, from Volkswagen, Kinhom, a
leading trade company in China, and from the British Big Food Group PLC.
Novasoft AG does consider sales growth of 15 percent to be a realistic
assessment. This corresponds to sales of 79 Million Euro. Coupled with an EBIT
margin of over 12 percent are this still outstanding figures.
end of ad-hoc-announcement (c)DGAP 01.08.2002
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WKN: 677890; ISIN: DE0006778905; Index:
Listed: Neuer Markt Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, München, Hannover und Stuttgart
010700 Aug 02
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