Synaxon AG
PC Spezialist Franchise english
PC-SPEZIALIST Annual Results 2001
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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PC-SPEZIALIST Annual Results 2001; consolidated net profit +56% to EUR 3.37
million (previous year: EUR 2.16 million); earnings per share EUR 0.88 (previous
year: EUR 0.56); Management Board and Supervisory Board propose dividend of EUR
0.40 per share.
Bielefeld, 27 March 2002: PC-SPEZIALIST Franchise AG (Neuer Markt, WKN 687 380)
achieved a substantial increase in profits for the financial year 2001.
Operating in a difficult market environment for Germany’s IT retailers, PC-
SPEZIALIST was able to accelerate consolidated profits by 56% to EUR 3.37
million (previous year: EUR 2.16 million). Thus, the budgeted target of EUR 3.06
million was exceeded by 10%. All of the Group’s business segments contributed
to the increase in earnings. Consolidated revenues for 2001 amounted to EUR
14.10 million (previous year: EUR 18.69 million). Adjusted for merchandise
revenues generated by Virtual Distribution, operating revenue from licence and
membership payments, supplier commissions and other fees grew by 7% to EUR 11.61
million (previous year: EUR 10.82 million). Earnings before interest and taxes
(EBIT) increased by 5% to EUR 4.44 million (previous year: EUR 4.21 million).
Due to lower revenues generated by means of Virtual Distribution, the EBIT
margin increased to 31% (previous year: 23%). Overall, PC-SPEZIALIST posted
earnings per share of EUR 0.88 in 2001 (previous year: EUR 0.56). Original
targets had merely predicted earnings per share of EUR 0.80. PC-SPEZIALIST is
committed to allowing its shareholders to participate in its sustained forward
momentum. Therefore, the Management Board and the Supervisory Board will be
submitting a proposal to the General Meeting of Shareholders on 21 June 2002
that suggests, for the first time, a dividend payment of EUR 0.40 per share for
the financial year 2001.
Contact: PC-SPEZIALIST Franchise AG Mark Schröder, Investor Relations phone:
+49(0)521 96 96 292 fax: +49(0)521 96 96 296 mailto: ir@pcspezialist.de
end of ad-hoc-announcement (c)DGAP 27.03.2002
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WKN: 687380; ISIN: DE0006873805; Index:
Listed: Neuer Markt Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, München, Hannover und Stuttgart
270731 Mär 02
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