Winter AG
Winter AG english
Final results for Q3 / 2001
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Final results for Q3 / 2001
Winter continues to be profitable / New IT Security division developing well
Olching near München, 15 November 2001.
Winter AG, leading supplier of chipcards and systems, achieved a turnover of DM
60.9 million in the first nine months of fiscal 2001 (DM 68.5 million in prior
year). EBIT to the end of 30 September 2001 totalled DM 3.6 million (DM 6.4
million in prior year). Net income totalled 2,2 Million DM, earnings per share
DM 0.36 (referring to 6,100,000 shares), (DM 0.61 in prior year _ referring to
4,570,765 shares).
The Card business unit made the greatest contribution to revenues in the first
nine months of 2001, with a share of 54.6 % (56.7 % in prior year). Card
Services amounted to 43.5 % of sales (43.1% in prior year). The IT Security
division developed very well, showing DM 1.2 million in revenue in the nine
months to 30 September 2001 (DM 132,000 in prior year).
The lower turnover and earnings figures, compared with the prior year _ as
previously announced with Winters provisional quarterly results to 30 September
2001 _ mainly resulted from the sustained downturn in the worldwide
telecommunications. This development affected the mobile communications market
for Winter, in particular. Reduced demand for mobile phone cards could only be
partly offset by rising turnover and profits in other card areas: primarily
multi-functional and bank cards.
Winter AG continues to be profitable. For the full year 2001, Winter AG expects
to achieve its adjusted targets for revenue of DM 84.2 million and EBIT of DM
6.2 million, as announced last week. For 2002 Winter AG expects an EBIT of
approximately 6,7 Mio DM and turnover of around 95 Mio DM.
The detailed third quarter report for the 2001 financial year, with exact
figures for all divisions and a complete set of financial data can be downloaded
from the Internet here: http://www.winter-ag.com .
end of ad-hoc-announcement (c)DGAP 15.11.2001
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WKN: 555 560; Index:
Listed: Neuer Markt Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
150800 Nov 01
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