JoWooD Productions Software AG
JoWooD Prod. Software english
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
——————————————————————————–
JoWooD Announces Half-Year Results 2001:
– Strong increase in turnover, positive development in results
– Encouraging prospects for the full year
– Further significant growth of turnover and result through numerous releases
In the first half of 2001, the turnover of the JoWooD Group, amounting to EUR
18.1 million, already clearly surpasses last year’s total turnover (EUR 16.3
million). Compared to the first half of 2000 (EUR 2.6 million), turnover
revenues increased close to sevenfold, second quarter’s turnover grew from EUR
0.6 million (2000) to an impressive EUR 11.2 million in the period under review.
The operating result / EBIT amounted to EUR 0.4 million in the second quarter,
improving the operating result in the first half of the year to EUR -0.4
million. The Group result amounted to EUR 1.0 million in the first half of 2001
(2000: EUR 0.04 million). Overall business proceeded as planned, providing
JoWooD with an excellent base to achieve a new record result in the last months
of the year, which are generally the most important for the sector.
Based on the first-rate development so far this year, JoWooD is expecting
further significant growth of turnover and profit for the whole business year
2001. Major factors in the continuing growth will be the new games titles
launched this year and the significant enlargement of distribution capacities
and publishing activities. After the successful launch of “The Nations II” in
June 2001, there are 15 further titles planned for release in the second half of
2001, including the racing simulation “Rally Trophy”, the real-time strategy
game “World War 3: Black Gold” and “Industry Tycoon 2”, successor to the million
seller. In addition, JoWooD is about to sign further distribution agreements
with noted companies, in order to take full advantage of their excellent market
positions.
Uwe Deisenhammer, CFO/Kristine Fessler-Brandl, Investor Relations
E-mail: investor@jowood.com/Tel: +43 3614-2966-210
end of ad-hoc-announcement (c)DGAP 23.08.2001
——————————————————————————–
WKN: 074735; Index:
Listed: Amtlicher Handel in Wien; Freiverkehr in Berlin, Frankfurt, München,
Stuttgart
230746 Aug 01
Latest News
Latest Reports
No Reports found
Upcoming Events
No Events found
Webcasts
No Webcasts found