Heiler Software AG

euro adhoc: Heiler Software AG
Heiler Software reports preliminary figures for fiscal 2002/2003 (E)

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

- Sales revenues up slightly to Euro 4.73 million - EBIT improved by Euro 0.53 million and net cash flow by Euro   1.28 million - High levels of liquidity and shareholders' equity

Stuttgart, October 12, 2003 - In spite of a difficult economic climate overall, the preliminary consolidated IAS figures for fiscal 2002/2003 (to September 30, 2003) indicate that sales revenues at Heiler Software AG rose slightly to Euro 4.73 million (prior year: Euro 4.69 million). Cost-cutting measures improved consolidated earnings before interest and taxes (EBIT) from Euro 3.24 million to Euro 2.71 million. The net loss for the year shrank from Euro 2.32 million to Euro 1.79 million, equivalent to earnings per share of Euro -0.16 (prior year: Euro -0.21).

Strict receivables management helped raise net cash flow by Euro 1.28 million to Euro 1.61 million, a faster improvement than for EBIT. At fiscal year-end, cash and cash equivalents stood at Euro 19.28 million (prior year: Euro 20.89 million) and shareholders' equity at Euro 23.24 million, or 96% of total assets (prior year: Euro 25.00 million/94% of total assets). Heiler Software AG thus retains an extremely stable assets and financial position. The finalized figures will be published together with the annual report for fiscal 2002/2003 on December 18, 2003.

For more information, please visit us on the Internet at www.heiler.com.

end of announcement            euro adhoc 12.11.2003

Further inquiry note: Constanze Hay Tel.: +49 (0)711 13984150 E-Mail: chay@heiler.com

Branche: Software
ISIN:      DE0005429906
WKN:        542990
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

Weitere Meldungen: Heiler Software AG

Das könnte Sie auch interessieren: