PC-Ware Information Technologies AG
PC-WARE Info. Technolog. correction
PC-Ware increases dividend proposal to 0,27 Euros per share
Ad-hoc-announcement processed and transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Corrected announcement on behalf of the issuer:
In the english version of the Ad-hoc-announcement from 25. June 2002,
07.30a.m., second title, instead of:
“Planning for new financial year 2002 / 2003 : turnover + 26 % to 450 million
Euro, EBITDA + 33 % to 117,7 million Euro”
it must read:
“Planning for new financial year 2002 / 2003 : turnover + 26 % to 450 million
Euro, EBITDA + 33 % to 11,7 million Euro”.
The complete corrected announcement is:
PC-Ware increases dividend proposal by more than four times to 0,27 Euros per
share
Planning for new financial year 2002 / 2003 : turnover + 26 % to 450 million
Euro, EBITDA + 33 % to 11,7 million Euro
(Leipzig, 25th June 2002) At the financial statement press conference today, the
IT service provider PC-Ware Information Technologies AG, has explained its
figures of the financial year 2001/2002. In the financial year 2001/2002 the
sales have increased by 113% to a record volume of 357 million euros. With this,
the company, which specialises in software management, software licensing,
system integration and support, has once again clearly exceeded the scheduled
revenue for the entire year of 330 million Euros, a figure raised in the third
quarter. PC-Ware also increased the operational earnings (EBITDA), in
comparison to the previous year, from 2.5 to 8.8 million euros, a rise of 252 %.
The EBT in comparison to the corresponding period of the previous year was able
to rise 168 % from 2.2 to 5.9 million euros. Earnings before interest, taxes,
depreciation and amortisation stood at 3,1 million euros as opposed to 0.9
million euros, an increase of 244%.
The earnings per share stood at 0,52 euros and is therefore three times higher
than it was in the previous year. During the shareholders meeting on 30 August
2002, the executive board and board of directors will propose to distribute
dividends amounting to 0,27 euros per share. (previous year 0,06)
Due to the successful concluded final fiscal year, PC Ware AG has updated its
financial objectives for the current fiscal year 2002/2003.
For the ongoing financial year PC-Ware anticipates a further positive
progression. Besides internal growth, which is also ensured by a complete
software management system, based on a PC-Ware-own electronic licensing
technology, the new Swiss subsidiary BISON Systems AG should become an
additional motor for growth. PC-Ware assumes a transaction volume increase of
26 % to 450 millions euro, while the EBITDA shall grow super proportional.
end of ad-hoc-announcement (c)DGAP 28.06.2002
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WKN: 691090; ISIN: DE0006910904; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Düsseldorf, Hannover
und Stuttgart
281708 Jun 02
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