PC-Ware Information Technologies AG
PC-Ware achieves strong growth in revenues and earnings
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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PC-Ware achieves strong growth in revenues and earnings
In the first quarter of the 2004/2005 financial year, PC-Ware AG generated
over EUR 115 million in revenues, i.e. 25% more compared with the same
quarter a year ago. Earnings before interest, taxes, depreciation and
amortisation rose to EUR 1.84 million, which corresponds to an increase
of approx. 26%. PC-Ware’s foreign subsidiaries currently generate one-third
of aggregate revenues and earnings. Software licensing and software services
accounted for 85% of total revenue. This represents year-on-year revenue
growth of around 24% within these areas of business. Revenues within the
area of hardware trading and infrastructure services were propelled upwards
by 33%. Owing to the holiday season, the second quarter will likely to be
less dynamic; the third quarter, however, will expected to be very buoyant
indeed. The pan-European IT enterprise has reaffirmed its annual revenue
target of EUR 460 to 470 million.
end of ad-hoc-announcement (c)DGAP 26.08.2004
Issuer’s information/explanatory remarks concerning this ad-hoc-announcement:
Further Information:
Stefan Edlich
Manager Communication and Marketing
phone: +49 (0)341 2568 000
investor.relations@pc-ware.de
Company Profile:
Die PC-Ware Information Technologies AG is counted among the leading IT
service providers in Europe and offers its customers a wide range of
services from licensing of standard software, software management, system
support, even own developed software solutions, and complete system house
services to financial services. The company is a market leader in software
licensing and licence management in Germany and the Netherlands. Employing
over 750 people, the Company has subsidiaries in ten European countries
(GER, GB, F, I, BE-NE-LUX, A, CZ and CH) and serves a customer base of more
than 75,000 corporate clients. With the Canadian software service provider
Softchoice, PC-Ware enters new markets in North America and Asia. PC-Ware
works in close cooperation with a number of global players within the IT
industry, including Microsoft, SAP, Novell, IBM/Lotus, Attachmate, Network
Associates, Computer Associates, Fujitsu-Siemens, and Hewlett Packard. The
Company has been operating profitably since its inception in 1990. PC-Ware
has been listed on the Frankfurt Stock Exchange since 5 May 2000.
(WKN: 691 090, ISIN: DE0006910904, Reuters Symbol: PCW) – Internet:
http://www.pc-ware.de
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WKN: 691090; ISIN: DE0006910904; Index:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hannover und Stuttgart
260732 Aug 04
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