WINCOR NIXDORF Aktiengesellschaft

euro adhoc: WINCOR NIXDORF Aktiengesellschaft
Earnings Forecast / Wincor Nixdorf’s business in Q3 fiscal 03/04 ahead of expectations Full-year forecast raised (E)

--------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. --------------------------------------------------------------------- Paderborn, July 26, 2004. Wincor Nixdorf AG (ISIN: DE000A0CAYB2) is raising its forecast for growth to the end of its fiscal year (September 30) to 8% for net sales and 10% for operating profit (EBITA). In the first three quarters of fiscal 2003/04, the company lifted net sales by 9.2% and operating profit (EBITA) by 9.3% above last year’s equivalent levels. This growth is the result of further internationalization of the company’s business and was driven by growth in both the Banking and Retail segments. Here, the Product and Solutions & Services business types grew at the same rate. During the first nine months of fiscal 2003/04, net sales increased 9.2% to EUR 1,127.5 million (last year equivalent: EUR 1,032.9m). Adjusting for exchange rate effects in the relationship between the euro and the US dollar, net sales improved 12.9%. The company succeeded in growing its net sales in Quarter 3 by 13.3% to EUR 394.1m (last year equivalent: EUR 347.7m). Operating profit (EBITA) was up 9.3% at EUR 80.9m over the nine months (last year equivalent: EUR 74.0m), leaving the EBITA return constant at 7.2% of net sales. There was a rise in net profit for the period during the first nine months, which finished at EUR 30.4m (last year’s equivalent figure EUR 10.4m). Comments: America the strongest growing region In the Europe region (excluding Germany), net sales in the first nine months of the fiscal year grew 15.9% to EUR 542.0m (last year equivalent: EUR 467.7m). In Germany, subdued levels of business with banks and good levels of business with retailers meant that net sales finished the first nine months slightly below last year’s level, at EUR 380.5m. Net sales in the America region grew in US dollar terms by 55.9%. after conversion to euros, net sales rose 38.2% to EUR 83.9m in the first nine months of the year (last year equivalent: EUR 60.7m). In the Asia-Pacific & Africa region, Wincor Nixdorf succeeded in growing its net sales in US dollar terms by 13.3% above their level during the same period last year. Expressed in euros, net sales finished at EUR 121.0m, the same level as last time. Double-digit growth in retail Business performance in the Banking segment during the first nine months of the year produced net sales 8.6% higher at EUR 664.2m. The Retail segment reported a 10.0% rise in net sales to EUR 463.3m. Several orders received from the lottery and industrial manufacturing industries during the quarter under report confirmed the company’s strategy of using its core competencies acquired in the retail and banking industries to expand into neighboring sectors. Performance by business types: software business expanded During the first nine months of the year, net sales in the Product business - including for example sales of automated teller machines and electronic point-of-sale systems - increased by 9.2% to EUR 684.9m. The Solutions & Services business was up 9% at EUR 442.6m and continued to enjoy a positive business developement in software field. More service delivery personnel As at June 30, 2004, the number of employees within the Group increased to 5,681 (4,926 as at September 30, 2003). The rise in headcount in the quarter under review was 213, mainly associated with augmentation of IT services resources which are to be expanded to create a full-coverage IT service network across Europe. Continuing sustainable growth "This good business performance at the 9-month mark has exceeded our expectations. We are expecting to see continued good performance in Quarter 4 and are confident of being able once again to close the full year with sustained growth", said the company’s President, Karl-Heinz Stiller. The Management is raising its forecast growth for net sales for the full year to 8%, and for profit to 10% (EBITA). This performance will be underpinned by sizeable incremental growth in both the Banking and Retail segments. Interim report for third quarter for download: www.wincor-nixdorf.com end of announcement euro adhoc 26.07.2004 --------------------------------------------------------------------- Further inquiry note: Press: Andreas Bruck Tel.: +49 (0)5251 693 5200 E-Mail: andreas.bruck@wincor-nixdorf.com Investor Relations: Peter Holder Tel.: +49 (0)5251 693 5050 E-Mail: peter.holder@wincor-nixdorf.com Branche: Computing & Information Technology ISIN: DE000A0CAYB2 WKN: A0CAYB Index: Prime All Share, Prime Standard Börsen: Frankfurter Wertpapierbörse / official 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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