november AG
november AG increases revenues in the first six months by 25 percent
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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november AG increases revenues in the first six months by 25 percent
Erlangen (Germany), 29 July 2004. By successfully intensifying its marketing
activities, november AG (ISIN DE0006762909) has achieved to increase its
consolidated revenues by 25 percent to EUR 2.258 million (previous year’s
period: EUR 1.813 million). Sales and marketing expenses rose by 14 percent to a
total of TEUR 1,145 (previous year’s period: TEUR 1,001). At the same time and
due to the increased maturity and market readiness of november AG’s products it
was possible to significantly reduce research and development expenses by 14
percent, amounting to EUR 1.492 million after six months (previous year’s
period: EUR 1.736 million). On average, 63 employees worked within the november
AG Group throughout the first half year 2004 (previous year’s period: 64
employees).
november AG’s total liquidity at the end of the first half year amounted to EUR
9.647 million (previous year: EUR 11.437 million). The consolidated operating
result (EBIT) for the first six months totaled EUR -2.421 million and remained
slightly below previous year’s figure (EUR -2.467 million). The net earnings per
share (EPS according to DVFA/SG) were improved to EUR -0.20 (half year’s figure
2003: EUR -0.23).
For additional information please contact:
Dr. Peer Nils Schröder
november AG – Investor Relations
Ulrich-Schalk-Str. 3, D-91056 Erlangen
Tel.: +49 (0)9131 750 88 868
e-mail: schroeder@november.de
http://www.november.de
end of ad-hoc-announcement (c)DGAP 29.07.2004
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WKN: 676290; ISIN: DE0006762909; Index:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hannover, München und Stuttgart
290836 Jul 04
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