Winter AG
Winter AG english
Ad Hoc Report for Winter AG on the results up to the third quarter of 2001
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Winter continues to make a profit / turnover and profit at 30.09.2001
comparably lower than the figures for the previous year / good developments in
the new IT Security division / turnover and profit targets for 2001 adjusted to
reflect market conditions
Olching near Munich, 8th November 2001. According to its provisional figures,
Winter AG, a leading supplier of systems and chip cards, reached a turnover of
60.8 million DM in the first nine months of the financial year 2001,compared to
the 68.5 million DM (within the same time frame) of the previous year. The
EBIT on September 30, 2001 amounted to 3.6 million DM (previous year 6.4
million DM), while the earnings per share amounted to 0.38 DM (previous year
0.61 DM). The IT Security division, in existence since October 2001, has
grown very rapidly: by Novembers end 2001, it has achieved a turnover of 1.2
million DM.
The notably lower results (in comparison with the period of the previous
year) is chiefly attributed to the sustained recession in the
telecommunications market throughout the world. The development has affected
the GSM cards for Winter AG in particular. The company has only managed to
partly compensate for the drop in demand for mobile phone cards by increasing
turnover and revenues in other card sectors, particularly in the bank card
sector.
Winter AG continues to be profitable . However, the significant downturn in the
market has had consequences for business planning. For this reason, the
executive board has made adjustments to its current plans (turnover target 105
million DM / EBIT target 8.5 million DM). Winter AG is expecting a turnover
target of 84.2 million DM and an EBIT of 6.2 million DM for 2001.
The detailed report on the third quarter of the financial year 2001 with
precise figures for all divisions and a complete set of financial data will be
presented on the 15th November 2001. It will be possible to download the
quarterly report from this day onwards from the Internet under
http://www.winter-ag.com
end of ad-hoc-announcement (c)DGAP 08.11.2001
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WKN: 555 560; Index:
Listed: Neuer Markt Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
080800 Nov 01
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