LS telcom AG

euro adhoc: LS telcom AG
End of financial year 2002/03: Moderate increase in revenue at LS telcom, cash exceeds plan (E)

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Lichtenau, Nov. 19, 2003. During the financial year 2002/03 ending at Sept. 30, 2003, LS telcom managed to increase sales revenues to EUR 8.4 million, i.e. a 9% increase compared to EUR 7.7 million the year before. EBIT has increased on the year-before period from EUR -9.1 million to EUR -4.0 million. Net loss resulted in EUR -4.9 million (compared to the year-before EUR -8.0 million), corresponding to a loss per share of EUR 0.91 (year-before loss per share EUR 1.51). Before extra-ordinary expenses and one-time adjustments, the net loss of the company group is EUR -3.0 million. Per end of financial year 2002/03 LS telcom held cash of EUR 7,6 million. At the same time, the worldwide payroll comprises 125 staff. The current order book of EUR 7.3 million, of which EUR 5.5 million are secured revenues for the financial year 2003/2004, exceeds the year-before noticeably. The company is confident to realise an increase of around 10-15% in sales revenues, and - considering further measures to lower ex-penses and re-structuring - to achieve a neutral result in the financial year 2003/2004.

end of announcement            euro adhoc 20.11.2003
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Further inquiry note: Harald Ludwig Tel.: +49(0)7227 9535 705 HLUDWIG@LSTELCOM.Com

Branche: Telecommunications Services
ISIN:      DE0005754402
WKN:        575440
Index:    CDAX, Prime All Share, Prime Standard, Technologie All Share
Börsen:  Frankfurter Wertpapierbörse / regulated dealing
              Niedersächsische Börse zu Hannover / free trade
              Berliner Wertpapierbörse / free trade
              Bayerische Börse / free trade
              Hamburger Wertpapierbörse / free trade
              Bremer Wertpapierbörse (BWB) / free trade
              Börse Düsseldorf / free trade
              Baden-Württembergische Wertpapierbörse / free trade



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