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antwerpes AG

euro adhoc: antwerpes AG
Quarterly or Semiannual Financial Statements
In the first 9 months antwerpes has generated earnings which have markedly improved but with a lower sales figure

Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
Cologne, 4 November 2004 – In the third quarter of 2004, antwerpes
ag, Cologne, (ISIN DE0005471007) achieved sales totalling 2,6 million
euro. Earnings before interest, taxes, depreciation and amortisation
(EBITDA) amounted to 0,2 million euro and earnings before interest
and taxes (EBIT) amounted to 0,1 million euro. Profit per share
amounted to 3 cent.
For the first nine months of the 2004 financial year, sales totalled
7,8 million euro. Compared to the same period in the previous year,
sales have decreased by 22% or 2,1 million euro.
However, compared to the first nine months of 2003, the result has
clearly improved. Earnings before interest, taxes, depreciation and
amortisation (EBITDA) improved by 40%, rising from 0,3 million euro
to 0,2 million euro (an increase of 0,5 million euro). Earnings
before interest and taxes (EBIT) increased by 0,5 million euro,
rising from –0,3 million euro to 0,2 million euro. The result from
ordinary business activities showed an increase of 140%, rising to
0,8 million euro (0,3 million euro). Profit per share amounts to 7
cent (2 cent).
At the end of September 2004, liquid funds and fixed-asset and
current-asset securities, totalling 30,0 million euro or 5,08 euro
per share, were 0,6 million euro below the level of the 2nd quarter
of 2004 (30,6 million euro). This was, amongst other things, caused
by seasonal effects and the purchase and financing of editworks GmbH.
end of announcement                    euro adhoc 04.11.2004 19:56:53 

Further inquiry note:

Jan Antwerpes
Tel.: +49 (0)221 92053 139
E-Mail: ir@antwerpes.de

Branche: Advertising
ISIN: DE0005471007
WKN: 547100
Index: Prime Standard
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

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