LS telcom AG

euro adhoc: LS telcom AG
Quarterly or Semiannual Financial Statements
Adhoc-Statement according § 15 WpHG Annual accounts of financial year 2003/04

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

Lichtenau, Nov. 29, 2004. During the financial year 2003/04 ending at Sept. 30, 2004, LS telcom managed to increase sales revenues to EUR 9.6 million, i.e. a 15% increase compared to EUR 8.4 million the year before. The company was able to achieve a positive result for the fourth quarter of the financial year.

Net loss was reduced by 40% from EUR -4.87 million to EUR -2.95 million. Before extraordinary expenses and one-time adjustments, the net loss of the company group is EUR ?1.76 million. Per end of financial year 2003/04 LS telcom held cash of EUR 4.7 million. At the same time, the worldwide payroll comprises 95 staff (previous year 125). The current order book shows EUR 5.2 million as secured revenues for the financial year 2004/2005, which is about the same amount like in the year before. The company is confident to realise a further increase in sales revenues during financial year 2004/2005. Considering the implemented cost-saving measures the company is confident to achieve a neutral result.

end of announcement                                euro adhoc 29.11.2004 21:35:03

Further inquiry note: Harald Ludwig Tel.: +49(0)7227 9535 705 HLUDWIG@LSTELCOM.Com

Branche: Telecommunications Services
ISIN:      DE0005754402
WKN:        575440
Index:    Prime Standard, CDAX, Prime All Share, Technologie All Share
Börsen:  Frankfurter Wertpapierbörse / regulated dealing
              Berliner Wertpapierbörse / 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
              Bremer Wertpapierbörse (BWB) / free trade

Weitere Meldungen: LS telcom AG

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