ComputerLinks AG

euro adhoc: ComputerLinks AG
Quarterly or Semiannual Financial Statements
ComputerLinks: Profits exceed target (E)

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Turnover in 2001 increased by 44.6 % to 161.2 million Euro / EBITDA: 11.1 million Euro / driving force: e-security

According to the preliminary consolidated financial statements for 2001, ComputerLinks AG, Munich, the IT marketing company listed on the Neuer Markt, increased its group turnover by 44.6% to 161.2 million Euro. EBITDA rose by 0.3 million Euro to 11.1 million Euro. The forecast, revised in autumn 2001, has thus been slightly exceeded.

In the last fiscal year earnings per share (before goodwill amortisation) amounted to 1.09 Euro, based on 5.9 million shares. In the prior year EPS was 1.29 Euro, based on 5.4 million shares. EPS after the planned goodwill amortisation was 0.28 Euro per share, compared with 0.70 Euro in the previous year.

In 2001 the group achieved gross margins of 22.3 percent, compared to 25.1 percent in the previous year. This reduction is mainly caused by the strong US dollar and the market environment in the European IT industry. However, in the 4th quarter of 2001, gross margin increased again slightly, compared with the 3rd quarter.

ComputerLinks turnover in the last quarter of 2001 amounted to 42.2 million Euro. In the comparable quarter of the previous year, sales revenues amounting to 40.7 million Euro. The best performer, with operations spread across Europe, was again e-security, with approximately 60 percent of total sales. As in the previous year, the UK  was the most important sales market.

ComputerLinks will announce further details at its press conference on the group financial statements in Munich on 18th March 2002.

end of announcement            euro adhoc 19.02.2002

Further inquiry note: Bettina Zollner

Weitere Meldungen: ComputerLinks AG

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