Maxdata AG
MAXDATA achieves a turnover of EUR 108.8 million in the third quarter and continues to slash losses
MAXDATA AG / Quarter Results Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Marl, Germany, 19 October 2007. The computer manufacturer, MAXDATA AG (ISIN: DE0006581309; WKN: 658 130), continues its process of consolidation. In the first nine months of financial year 2007 the company achieved a turnover of EUR 333.6 million, compared with 371.3 million in the first nine months of 2006. The EBIT amounted to minus EUR 19.2 million compared with minus EUR 35.4 million in the same period of the previous year. This reduced losses by some 46 percent in the first three quarters, showing that the restructuring programme launched in 2006 continues to be highly effective. In the third quarter of 2007 MAXDATA achieved a turnover of EUR 108.8 million compared with EUR 111.1 million in the same period in 2006. The operating result (EBIT) was minus EUR 5.7 million and minus EUR 5.8 million in the third quarter of 2006. The Management Board of MAXDATA AG expects a further significant improvement in results in the fourth quarter, which is traditionally the time of the year when turnover is at its most robust. MAXDATA boosted notebook sales in the third quarter by 76 percent compared with the equivalent period in 2006, while over the same interval sales of desktop PCs and servers rose by 30.5 and 10.1 percent respectively. The only fall was in sales of flat screen monitors which were down by 16.6 percent. Development of turnover and EBIT in the third quarter under IFRS (in EUR million): Third quarter 2007 Third quarter 2006 9 months 2007 9 months 2006 Turnover 108.8 111.1 333.6 371.3 EBIT -5.7 -5.8 -19.2 -35.4 The figures for the third quarter of 2007 are based on provisional figures. MAXDATA will be publishing the Group quarterly financial report as part of the second half-year report on 12 November 2007. For further information: MAXDATA AG, Investor Relations, Elbestrasse 16, D-45768 Marl, Germany phone +49 (0) 2365 952-2122, fax +49 (0) 2365 952-2125, e-mail ir@maxdata.com Engel & Zimmermann AG, Hermann Zimmermann, Ralf Geißler, Am Schlosspark 15, D-82131 Gauting, Germany phone +49 (0)89 8935 63-3, fax +49 (0)89 8939 8429, e-mail info@engel-zimmermann.de 19.10.2007 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: MAXDATA AG Elbestraße 16 45768 Marl Deutschland Phone: +49 (0)2365 952-2122 Fax: +49 (0)2365 952-2125 E-mail: ir@maxdata.de Internet: www.maxdata.de ISIN: DE0006581309 WKN: 658130 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Hannover, Stuttgart, München, Hamburg, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
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