ComputerLinks AG

euro adhoc: ComputerLinks AG
Financial Figures/Balance Sheet
Successful year in 2005 - Success of COMPUTERLINKS North America continues

@@start.t1@@--------------------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc.   The issuer is responsible for the content of this announcement. --------------------------------------------------------------------------------@@end@@


The COMPUTERLINKS Group achieved the best quarter in the company’s history in the 4th quarter of 2005 with record turnover of more than 106 million Euro and EBITDA of 5.7 million Euro. Earnings per share of 0.49 were produced solely in the 4th quarter of last year.

Group turnover for the whole of 2005 rose by 32.5% to 279.4 million Euro (same period last year: 210.8 million Euro). *EBITDA (earnings before interest, taxes, depreciation and amortisation) increased from 10.4 million Euro in 2004 to 13.0 million Euro in 2005 (+25%). Earnings before interest and tax (EBIT) rose in the past year to 12.0 million Euro compared to 9.5 million Euro in 2004 (+26.3%). Foreign currency losses of 0.9 million Euro (same period last year: foreign currency gains of 0.7 million Euro) resulted in net income for the year 2005 of 7.0 million Euro compared to 6.5 million Euro in the previous year (+7.2%). Earnings per share stood at 1.09 Euro (previous year: 1.11 Euro) allowing for the increased number of shares compared to the previous year. The Management Board and Supervisory Board are proposing to the General Meeting in 2006 that a dividend of 0.35 Euro per share be distributed for 2005.

The encouraging start of the newly established COMPUTERLINKS North America at the beginning of the 3rd quarter of 2005 continued in the 4th quarter of 2005. Since its formation our subsidiary in the USA has produced turnover of 9.9 million Euro and earnings before interest, taxes, depreciation and amortisation of 0.9 million Euro in the 2nd half of 2005. The Securesoft Group acquired on 1st May 2005 also benefited from a very strong 4th quarter in 2005 and again met expectations. Turnover amounted to 33.2 million Euro and earnings before interest, taxes, depreciation and amortisation 2.2 million Euro in the 8 months it has belonged to the Group.

As in the previous year the e-security division was the most important growth engine with 85.2% of total turnover (previous year: 78.1%). The e-business division produced 34.1 million Euro (previous year: 39.6 million Euro) and the professional services division 7.3 million Euro (previous year: 6.6 million Euro).

Gross profit was 42.9 million Euro in 2005 compared to 36.9 million Euro in 2004. Gross profit margins fell from 17.5 % in 2004 to 15.4% in 2005 in particular as a result of larger projects in the fourth quarter which tend to have lower margins. Personnel costs and other operating expenses less operating income were further reduced in relation to turnover from 12.6% in 2004 to 10.7% in 2005.

Issuer's information/explanatory remarks regarding this ad hoc announcement:

Stephan Link, founder and CEO of COMPUTERLINKS AG stated: "The exceptionally strong 4th quarter of 2005 has exceeded our expectations. Acquisition of the Scandinavian Securesoft Group and entry into the North American market were crucial success factors in addition to organic growth. The COMPUTERLINKS Group feels it is well prepared for the challenges of 2006."

At a glance (in million Euro):

                                      01.01.-31.12.05 01.01.-31.12.04 Change in %**
Turnover                         279.4                 210.8                 +32.5
EBITDA                            13.0                  10.4                  +25.0
EBIT                                12.0                  9.5                    +26.3
Net income for the year 7.0                    6.5                    +7.2
Earnings per share         1.09                  1.11                  ./.1.6

** The percentage changes are based on values which have not been rounded off

* Unlike the previous classification foreign currency gains/losses are shown after the net interest result and are no longer factors influencing earnings before interest, taxes, depreciation and amortisation.

@@start.t2@@end of announcement                                                 euro adhoc 15.03.2006 07:20:55

ots Originaltext: ComputerLinks AG
Im Internet recherchierbar:

Further inquiry note:
Bettina Zollner

Branche: Computing & Information Technology
ISIN:      DE0005448807
WKN:        544880
Index:    Nemax 50, CDAX, Prime All Share, Technologie All Share
Börsen:  Frankfurter Wertpapierbörse / regulated dealing/prime
              Börse Berlin-Bremen / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Bayerische Börse / free trade

Weitere Meldungen: ComputerLinks AG

Das könnte Sie auch interessieren: