PSB AG
PSB AG english
Three-month figures right on track
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Three-month figures right on track – confirmation of the good business trend
PSB AG announces the figures for the first quarter of 2002.
In Q1 2002 PSB AG achieved earnings above those forecast. It thus generated an
EBIT of TEUR 762 (PY: TEUR 402, up 90%). On a yoy basis sales moved up in the
quarter by 14% to EUR 37.5 million. The number of employees rose slightly to
513.
After the margin of 1.22% achieved in the first quarter of 2001, the company
widened the EBIT margin to 2% in Q1 2002. In the 2001 financial year the company
closed with an EBIT margin of 1.48%.
The restructuring program and the introduction of the AREA concept were
successfully completed in the past quarter.
The 2002 sales of EUR 155 million with an EBIT of EUR 3.5 million are forecast.
This represents a 13.8% increase in sales, with EBIT moving up by 74%.
The complete quarterly report can be accessed at www.psb.de or www.deutsche-
boerse.com/nm .
The Board of Directors
end of ad-hoc-announcement (c)DGAP 25.04.2002
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WKN: 696760; ISIN: DE0006967607; Index:
Listed: Neuer Markt in Frankfurt;
Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannnover, München und
Stuttgart
252206 Apr 02
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