ComputerLinks AG

euro adhoc: ComputerLinks AG
Annual Reports
COMPUTERLINKS announces figures for the 3rd quarter of 2008

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- quaterly report 14.11.2008 COMPUTERLINKS announces figures for the 3rd quarter of 2008 Munich, 14.11.2008 - The COMPUTERLINKS Group was able to affirm its successful business policy in terms of turnover in the third quarter of the current fiscal year. There has, however, been a slowdown in the growth compared to the first two quarters. Group turnover in the 3rd quarter of 2008 rose by 10.9% to 120.0 million Euro (same period last year: 108.3 million Euro). Gross margins were reduced from 14.1% (3rd quarter of 2007) to 13.2% in the 3rd quarter of 2008. Continuing strong pressure on prices was also noted on the sales side in the last quarter. Non-recurring expenses in connection with the public takeover offer and the control and profit transfer agreement arose in the 3rd quarter of 2008 amounting to 2 million Euro. EBITDA (earnings before interest, taxes, depreciation and amortisation) in the last quarter were reduced from 3.7 million Euro in the 3rd quarter of 2007 to 1.6 million Euro (- 56.5%). When adjusted for the non-recurring expenses, EBITDA amounted to 3.6 million Euro (-2.9%). Earnings per share were Euro 0.03 in the 3rd quarter of 2008 compared to Euro 0.31 in the 3rd quarter of 2007. Group turnover rose by 16.5% to 365.0 million Euro after nine months of 2008 (same period last year: 313.4 million Euro). Gross profit was reduced in the first three quarters of 2008 from 14.1% (same period last year) to 13.3%. EBITDA in the first nine months of 2008 decreased from 11.0 million Euro in the same period last year to 10.0 million Euro (- 8.9%). Earnings before tax (EBT) were reduced in the first nine months of 2008 by 23.3% to 7.9 million Euro (same period last year 10.4 million Euro). This resulted in net income for the period of 5.1 million Euro in the reporting period compared to 6.2 million Euro in the same period last year (- 17.1%). Earnings per share were therefore Euro 0.76 compared to Euro 0.92 in the first nine months of the previous year (- 17.6%). The e-security division saw an improvement of 19.7% to 325.7 million Euro in the first nine months of 2008 (same period last year: 272.2 million Euro). Turnover of 31.5 million Euro was achieved in the e-business division compared to 33.9 million Euro in the same period last year (- 6.9%). The professional services segment increased in the first nine months of the fiscal year 2008 by 6.2% to 7.8 million Euro. The Group expects companies to cut back their investment budgets owing to the slowdown in economic growth and the deterioration in business prospects as a result of the financial market crisis. Experience has shown that the 4th quarter is the most important quarter in the whole fiscal year. In view of the general negative appraisals of overall economic development in the USA and in our core European countries, the COMPUTERLINKS Group is cautiously optimistic about business at the end of the year with reduced expectations. Results at a glance (in million Euro) | |01.01.-30.09.08 |01.01.-30.09.07|Change in %* | |Turnover |365.0 |313.4 |+16.5 | |EBITDA |10.0** |11.0 |- 8.9 | |EBT |7.9 |10.4 |-23.3 | |Net income for the |5.1 |6.2 |-17.1 | |period | | | | |Earnings per share |0.76 |0.92 |-17.6 | |in Euro | | | | | | | | | | |3rd quarter 2008 |3rd quarter |Change in %* | | | |2007 | | |Turnover |120.0 |108.3 |+10.9 | |EBITDA |1.6** |3.7 |-56.5 | |EBT |0.3 |3.7 |-90.6 | |Net income for the |0.3 |2.1 |-87.3 | |period | | | | |Earnings per share |0.03 |0.31 |-90.3 | |in Euro | | | | * The percentage changes are based on values which have not been rounded off ** Non-recurring expenses in connection with the public takeover offer and the control and profit transfer agreement arose in the 3rd quarter of 2008 amounting to 2 million Euro, which mainly comprise consultancy costs. This press release and the interim report for the 3rd quarter of 2008 are available under www.COMPUTERLINKS.net. Further information: COMPUTERLINKS AG Daniela Drygalla - Investor Relations Stefan-George-Ring 23 D-81929 Munich Tel.: +49 (0) 89 930 99-227 Fax: +49 (0) 89 930 99-200 Email: Investor-Relations@COMPUTERLINKS.de Internet: www.COMPUTERLINKS.net end of announcement euro adhoc -------------------------------------------------------------------------------- ots Originaltext: ComputerLinks AG Im Internet recherchierbar: http://www.presseportal.ch Further inquiry note: Daniela Drygalla Tel: +49(0) 89 93099227 investor-relations@computerlinks.de Branche: Computing & Information Technology ISIN: DE0005448807 WKN: 544880 Index: CDAX, Prime All Share, Technologie All Share Börsen: Börse Frankfurt / regulated dealing/prime standard Börse Berlin / free trade Börse Hamburg / free trade Börse Stuttgart / free trade Börse Düsseldorf / free trade Börse Hannover / free trade Börse München / free trade

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