JoWooD Productions Software AG
JoWooD Prod. Software english
Preliminary results 2001
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Press Release ————- Rottenmann, January 17, 2002
JoWooD announces preliminary results 2001
Preliminary Net income after minorities reached EUR 2.1 million (+34%)
Ambitious forecast missed despite strong growth
After publishing the preliminary sales results last week, JoWooD announced today
their preliminary annual results for business year 2001. Sales rose by 155 % to
EUR 41 million, preliminary EBIT amounted to EUR 0.2 million falling short of
previous year’s performance.
Net income after minorities rose by 34%, reaching EUR 2.1 million, lower than
the company’s own ambitious forecast for 2001. As already stated last week
(press release, Jan 11) this development was due to unique and one time events.
Therefore JoWooD’s targets for business year 2002 remain unchanged.
However, JoWooD continued to strengthen their excellent market position as well
as increasing the total number of titles sold. Not including the distribution
companies Dynamic Systems and Leisuresoft, the total number of units sold
reached 4.1 million in business year 2001.
Final results will be published as announced on April 9, 2002 at a press
conference in Vienna.
Further information:
Uwe Deisenhammer, CFO
Kristine Fessler-Brandl, Investor Relations
Nisrien Hussein, Corporate Public Relations & Communications
E-mail: investor@jowood.com
Tel: +43 3614-2966-1021
Website: http://www.jowood.com
end of ad-hoc-announcement (c)DGAP 17.01.2002
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WKN: 074735; ISIN: AT0000747357; Index:
Listed: Amtlicher Handel in Wien; Freiverkehr in Berlin, Frankfurt, München,
Stuttgart
170756 Jän 02
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