Wapme Systems AG
Wapme Systems AG english
Wapme Systems AG publishes 2003 nine-month results
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Positive result of T Euro 238 on EBITDA basis – positive EBIT result in the
third quarter – focus on high-margin business in Europe successful
Duesseldorf, November 14, 2003
Wapme Systems AG (SIN: 549 550) today announced their 9-month results (IFRS) up
to September 30, 2003 and published the interim report at Deutsche Boerse AG.
In the third quarter Wapme Systems Group realized a positive EBIT result of T
Euro 25 for the first time. The EBITDA result was increased by 89% compared to
the previous quarter to T Euro 259. Thus the Group’s operative EBITDA result, at
T Euro 238 for the first 9 months of the year 2003, is positive.
The Group’s revenues amounted to Euro 42 million in the third quarter. The
Group’s total revenues in the first 9 months amounted to Euro 94.8 million and
are therefore 80% above the half-year results.
As in previous quarters, the strongest sales carrier was the Trade sector. The
largest EBIT margin growth, however, was realized in the VAS segment.
The focus on the high-margin business models in the VAS sector will be continued
consistently in the coming quarters and the business model already very
successfully implemented in Germany and England will be introduced in further
new markets. For reasons of liquidity control, the strong sales growth in the
Trade sector will be restricted in the next quarters and more liquidity will be
allocated to the VAS sector.
end of ad-hoc-announcement (c)DGAP 14.11.2003
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WKN: 549550; ISIN: DE0005495501; Index:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart
141609 Nov 03
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