PSB AG
PSB AG english
PSB reports good result for 2002
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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PSB reports good result for 2002
The 2002 financial year has been closed with sales of Euro 150 million and an
EBIT of Euro 3.0 million. This is the best result in the history of PSB. With
the results achieved, the targets set have just been reached.
In 2002 the IT market was characterised by negative growth, insolvencies and
targets being undershot. The trend in the IT market remains negative. However,
for 2003 PSB AG is planning further increases, with the priority for the current
year being set quite clearly on advancing EBIT.
All planned restructuring at PSB AG was completed in 2002. The operating
alignment for 2003 is good.
The number of employees has declined slightly to 488 (PY: 498), reflecting the
considerable increase in productivity. No further rise is planned for 2003.
The Supervisory Board has today endorsed the annual financial statements of PSB
AG and the annual consolidated financial statements. The annual financial
statements and the group annual financial statements are thus adopted. The
compete consolidated annual financial statements with the unqualified audit
certificate from the auditor can be seen on the companys web site (www.psb.de)
from March 31, 2003 or is available from the Deutsche Börse (www.deutsche-
Boerse.com/nm).
The Management Board
end of ad-hoc-announcement (c)DGAP 21.03.2003
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WKN: 696760; ISIN: DE0006967607; Index:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannnover und Stuttgart
212142 Mär 03
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