P&I Personal & Informatik AG

euro adhoc: P&I Personal & Informatik AG
P&I annual target for 2005/2006 exceeded after nine months

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- 24.01.2006 P&I Personal & Informatik AG has announced that it has topped its annual target after only nine months (1 April to 31 December 2005). Consolidated earnings before interest and tax (EBIT) rose in the first three quarters of fiscal 2005/2006 by 3.1 million euros to 7.1 million euros compared with the same period in the previ-ous year, 2004/2005. The Wiesbaden-based HR management software specialists had targeted 6 million euros for fiscal 2005/2006 (1 April 2005 to 31 March 2006). Earnings before deprecia-tion (EBITDA) rose from 6.5 million euros to the present 9.5 million euros. According to the Ger-man Association of Financial Analysts and Investment Consultants Schmalenbach Society (DFVA/SG) consolidated earnings amounted to 5.0 million euros compared to 2.3 million euros in the previous year. Earnings per share at 65 cents showed an improvement of 35 cents on the previous year. The explanation for this very good 9 monthly result is the improved efficiency in sales and ad-ministration. Group sales have developed on target, rising by 10.9 percent to 36.2 million euros (comparable period in the previous year: 32.7 million euros). Driving the growth has been foreign business, with a surge of 54.2 percent. The Board of Directors is anticipating on-target sales for fiscal 2005/2006 of over 49 million euros. Earnings could increase, though this is as yet not as-sured. At the least, P&I’s Board of Directors expects to be able to hold earnings at the present level. Details for the 9 monthly report will be published on February 9th, 2006. end of announcement euro adhoc 24.01.2006 13:29:16 -------------------------------------------------------------------------------- ots Originaltext: P&I Personal & Informatik AG Im Internet recherchierbar: http://www.presseportal.de Further inquiry note: Andreas Granderath Telefon: +49(0)611 7147 267 E-Mail: agranderath@pi-ag.com Branche: Software ISIN: DE0006913403 WKN: 691340 Index: CDAX, Prime All Share, Technologie All Share Börsen: Frankfurter Wertpapierbörse / regulated dealing Börse Berlin-Bremen / free trade Hamburger Wertpapierbörse / free trade Baden-Württembergische Wertpapierbörse / free trade Börse Düsseldorf / free trade Niedersächsische Börse zu Hannover / free trade Bayerische Börse / free trade

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