P&I Personal & Informatik AG

euro adhoc: P&I Personal & Informatik AG
Annual Reports
P&I earnings grow impressively (E)

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P&I earnings grow impressively Earnings in FY 2002/3 improved by 66 per cent

With impressive earnings the Wiesbaden-based software specialist P&I Personal & Informatik Group ended the 2002/2003 financial year. Earnings before interest and taxes (EBIT) in its ordinary business activities result on March 31 of EUR 3.2 million and is 66 per cent up on the EUR 1.9 million earned in the previous year. Earnings per share is now EUR 0.16 (previous year: EUR 0.12).

Group sales of the specialist for personnel management solutions rose by four per cent to a present EUR 38.1 million (previous year: EUR 36.7 million). The number of salaried employees has fallen on an average of 236 (previous year: 241 employees). The EBIT margin has improved to 5.3 per cent (previous year: 3.9 per cent). Sales per employee rose by six per cent and earnings per employee doubled. In the current financial year P&I plans to grow in its results.

end of announcement            euro adhoc 27.05.2003
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Further inquiry note: Herr Andreas Granderath

Branche: Software
ISIN:      DE0006913403
WKN:        691340
Index:    Prime Standard
Börsen:  Frankfurter Wertpapierbörse / regulated dealing
              Niedersächsische Börse zu Hannover / free trade
              Berliner Wertpapierbörse / free trade
              Hamburger Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Baden-Württembergische Wertpapierbörse / free trade



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