JoWooD Productions Software AG
Ad hoc-Service: JoWooD Prod. Software english
Ad hoc announcement transmitted by DGAP.
The issuer has the sole responsibility of this announcement.
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Press Release ——– Rottenmann, April 5, 2001
Record Growth in First Year after IPO
Turnover five-folds , Rise in pre-tax results by 111%
Objectives for Growth were significantly topped by Acquisitions and Product
Releases
Internationalization of Distribution and Marketing Activities
JoWooD Productions, listed at Viennas Stock exchange, was able to raise its
turnover by 400% to more than EUR 16 million in the fiscal year 2000. Dynamic
Systems – consolidated since October 1st, 2000 – of which JoWooD holds 70%,
generated approximately EUR 5.8 million.
EBIT was increased by 91% to EUR 2.7 million.
Despite the costs of expansion and of the IPO, profit before tax – EUR 3.0
million – more than doubled. Net-income after minorities for 2000 rose by 62%
to EUR 1.6 million. The number of employees reached 173 by the end of the year,
compared to 17 at the end of 1999.
Within only one year, JoWooD managed to establish itself as one of Europes
leading multi-platform publishers. International co-operations make it possible
to open new channels of distribution and to win new international development
capacities. Taking the growing number of game titles into consideration – about
20 new releases are planned for 2001 – and the massive strengthening of
marketing and distribution capacities, JoWooDs management is counting on
significant growth for 2001.
For further information contact:
Mag. Uwe Deisenhammer, CFO
Mag. Kristine Fessler-Brandl, Investor Relations
E-mail: investor@jowood.com
Tel: +43 3614-2966-0
Website: http://www.jowood.com
end of ad hoc announcement, (c) DGAP 05.04.2001
Issuer’s information/explanation remarks concerning this ad hoc announcement:
in Mio. EUR 2000 1999 Change in %
Annual Total Sales 16.3 3.2 +410%
EBIT 2.7 1.4 +91%
Profit Before Tax 3.0 1.4 +111%
Net Income After
Minorities 1.6 0.97 +62%
Number of Employees 173 17
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WKN: 074735; Index:
Listed: Amtlicher Handel in Wien; Freiverkehr in Berlin, Frankfurt, München,
Stuttgart
050818 Apr 01
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