VA Technologie AG
VA Technologie AG english
Positive order situation, record order backlog in the first quarter of 2002
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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VA TECH: Positive order situation, record order backlog in the
first quarter of 2002
The main change in the scope of consolidation in the first quarter of 2002 as
compared to the same period of the preceding year, related to the sale of VA
TECH Transport- und Montagesysteme (TMS). The company was deconsolidated as at
September 30, 2001. In order to facilitate the comparison of the quarterly
figures from 2002 and 2001, the basis values from the first three months of 2001
were adjusted to exclude discontinuing operations (elimination of sales
earnings from VA TECH VOEST MCE, 80% of which was sold off as per January 1,
2001, and the company data from VA TECH TMS, which was sold in November 2001).
As compared with the same period of the preceding year, order intake of VA
Technologie AG in the first three months of 2002, was 8% up at EUR 1,045 m
(excluding TMS in 2001). Record order backlog of EUR 4,531m exceeded the already
high level at the end of 2001. Group sales in the first three months of the
year were 7% up on the same period of last year on a comparable basis. Sales
include interest on the balance of pre- and partial payments made and received
amounting to EUR 23 m (following EUR 25 m in the first quarter of 2001).
On a comparable basis, earnings before interest, taxes and goodwill amortisation
(EBITA) in the first quarter stood at EUR 18.5 m, following EUR 3.3 m in the
first quarter of 2001. The operating result (EBIT) amounted to EUR 10.9 m as
opposed to minus EUR 4.5 m in the previous year.
The financial result in the first three months of the year amounted to minus EUR
31.7 m following minus EUR 33.1 m in the same period of the preceding year. The
earnings before taxes totalled minus EUR 20.8 m (first three months of 2001 on
a comparable basis: minus EUR 37.6 m), the net profit/loss for the period
(period result in the first quarter) stood at minus EUR 21.7 m (minus EUR 41.0 m
on a comparable basis in the same period of 2001).
++++2002-05-23
The full text of this release is available on the internet under www.vatech.at
end of ad-hoc-announcement (c)DGAP 23.05.2002
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WKN: 093745; ISIN: AT0000937453; Index: ATX
Listed: Amtlicher Handel in Wien; Freiverkehr in Berlin, Frankfurt, Hamburg,
München, Stuttgart
230818 Mai 02
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