Prodacta AG
Prodacta AG english
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Due to substantial losses in the first half of the last fiscal year in
particular, Prodacta AG (Ettlingen) implemented comprehensive restructuring
measures. These already started taking effect in the fourth quarter of 2000. Now
the first three months of the current fiscal year have provided further proof
that Prodacta is on the right track. Sales revenues were in line with
projections at DM 7.6 million, and were thus almost at the level recorded for
the same quarter of the previous year (DM 7.8 million), despite a 25% reduction
in the number of staff. The net loss declined in Q1 2001 to DM 3.2 million, as
opposed to DM 6.3 million in the comparable period of 2000.
Despite a slowdown in the general economic environment, Neuer Markt company
Prodacta AG plans to achieve an ongoing improvement in both sales revenues and
earnings in the course of fiscal year 2001 as a whole, which will initially
continue to be dominated by its consolidation measures. The company expects
sales revenues for 2001 to increase by a good 20% to around DM 38 million, while
the operating result will continue to improve. Prodacta also aims to
substantially reduce the net loss for the year, which amounted to DM 27.6
million in 2000.
Ettlingen, May 31, 2001
Prodacta AG
The Managing Board
end of ad hoc announcement (c) DGAP 31.05.2001
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WKN: 786730; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, München, Hannover und Stuttgart
312343 Mai 01
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