SALTUS Technology AG
Saltus Technology AG english
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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SALTUS Technology AG achieves a slightly positive result for the first quarter
SALTUS Technology AG, Solingen, the specialist for torque- and measuring
technique as well as precision parts, has closed the Group’s first quarter
(February 1st, – April 30th, 2001) of new fiscal year 2001/02 with a slightly
positive quarterly surplus of DM 0.08 million previous year’s 1st quarter
results: (DM 0.24 million) with a result after taxes at a nearly unchanged
overall turnover result of DM 17.37 million (17.08 Mio. DM). This means for
current fiscal year SALTUS Technology AG is within limits of plan figures
revised in spring 2001.
The corporate report of SALTUS Technology AG done in accordance with
International Accounting Standards Committee regulations shows, by taking
changes in fixed assets and other operational assets into consideration an
insignificant increase of the overall output of DM 18.04 million (DM 17.91
million) compared to last year’s quarter. In comparison to this overall output
are expenditures for equipment, personnel, write-offs and other operational
costs in the amount of DM 17.07 million (DM 16.68 million), i.e. the operational
result (Ebit) for the first quarter totals to DM 0.96 million (DM 1.22 million).
The increase of the debit balance to DM -0.48 million (DM -0.12 million) in the
financial result is mainly due to increased debits caused by major leasing
expenses. Accordingly the result of ordinary business operation for this quarter
is DM + 0.48 million after last year’s DM + 1.11 million.
According to Speaker of the Board Dr.-Ing. Wolfgang Koll SALTUS Technology AG is
heading for the profitable zone. Even though after last year’s profound
occurrences major efforts are necessary to succeed in following years in
achieving a profitability which is considered normal in this business,
nevertheless perspectives are becoming clearer which gives confidence in success
thanks to a high quality of SALTUS products and highly motivated employees.
For further detailed information please see our first quarter report by turning
to our homepage at http://www.saltus.de business reports or contact us directly:
Ms. Brigitte Gottwald/Ms. Dorothee Flocke
Secretary of the Board
SALTUS Technology AG
Tel.: 0212 – 5960-120/420
Fax.: 0212 – 5960-122
e-mail: info@saltus.de
end of ad hoc announcement (c) DGAP 15.06.2001
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WKN: 716100; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München, Stuttgart
150731 Jun 01
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