Tous Actualités
Suivre
Abonner ComputerLinks AG

ComputerLinks AG

euro adhoc: ComputerLinks AG
Annual Reports
COMPUTERLINKS announces figures for the 3rd quarter of 2008

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
quaterly report
14.11.2008
COMPUTERLINKS announces figures for the 3rd quarter of 2008
Munich, 14.11.2008 - The COMPUTERLINKS Group was able to affirm its 
successful business policy in terms of turnover in the third quarter 
of the current fiscal year.  There has, however, been a slowdown in 
the growth compared to the first two quarters.
Group turnover in the 3rd quarter of 2008 rose by 10.9% to 120.0 
million Euro (same period last year: 108.3 million Euro).  Gross 
margins were reduced from 14.1% (3rd quarter of 2007) to 13.2% in the
3rd quarter of 2008.  Continuing strong pressure on prices was also 
noted on the sales side in the last quarter.
Non-recurring expenses in connection with the public takeover offer 
and the control and profit transfer agreement arose in the 3rd 
quarter of 2008 amounting to 2 million Euro.  EBITDA (earnings before
interest, taxes, depreciation and amortisation) in the last quarter 
were reduced from 3.7 million Euro in the 3rd quarter of 2007 to 1.6 
million Euro (- 56.5%).  When adjusted for the non-recurring 
expenses, EBITDA amounted to 3.6 million Euro (-2.9%). Earnings per 
share were Euro 0.03 in the 3rd quarter of 2008 compared to Euro 0.31
in the 3rd quarter of 2007.
Group turnover rose by 16.5% to 365.0 million Euro after nine months 
of 2008 (same period last year: 313.4 million Euro).  Gross profit 
was reduced in the first three quarters of 2008 from 14.1% (same 
period last year) to 13.3%. EBITDA in the first nine months of 2008 
decreased from 11.0 million Euro in the same period last year to 10.0
million Euro (- 8.9%). Earnings before tax (EBT) were reduced in the 
first nine months of 2008 by 23.3% to 7.9 million Euro (same period 
last year 10.4 million Euro). This resulted in net income for the 
period of 5.1 million Euro in the reporting period compared to 6.2 
million Euro in the same period last year  (- 17.1%). Earnings per 
share were therefore Euro 0.76 compared to Euro 0.92 in the first 
nine months of the previous year (- 17.6%).
The e-security division saw an improvement of 19.7% to 325.7 million 
Euro in the first nine months of 2008 (same period last year: 272.2 
million Euro). Turnover of 31.5 million Euro was achieved in the 
e-business division compared to 33.9 million Euro in the same period 
last year (- 6.9%).  The professional services segment increased in 
the first nine months of the fiscal year 2008 by 6.2% to 7.8 million 
Euro.
The Group expects companies to cut back their investment budgets 
owing to the slowdown in economic growth and the deterioration in 
business prospects as a result of the financial market crisis.
Experience has shown that the 4th quarter is the most important 
quarter in the whole fiscal year.   In view of the general negative 
appraisals of overall economic development in the USA and in our core
European countries, the COMPUTERLINKS Group is cautiously optimistic 
about business at the end of the year with reduced expectations.
Results at a glance (in million Euro)
|                   |01.01.-30.09.08  |01.01.-30.09.07|Change in %*    |
|Turnover           |365.0            |313.4          |+16.5           |
|EBITDA             |10.0**           |11.0           |- 8.9           |
|EBT                |7.9              |10.4           |-23.3           |
|Net income for the |5.1              |6.2            |-17.1           |
|period             |                 |               |                |
|Earnings per share |0.76             |0.92           |-17.6           |
|in Euro            |                 |               |                |
|                   |                 |               |                |
|                   |3rd quarter 2008 |3rd quarter    |Change in %*    |
|                   |                 |2007           |                |
|Turnover           |120.0            |108.3          |+10.9           |
|EBITDA             |1.6**            |3.7            |-56.5           |
|EBT                |0.3              |3.7            |-90.6           |
|Net income for the |0.3              |2.1            |-87.3           |
|period             |                 |               |                |
|Earnings per share |0.03             |0.31           |-90.3           |
|in Euro            |                 |               |                |
*   The percentage changes are based on values which have not been 
rounded off **  Non-recurring expenses in connection with the public 
takeover offer and the control and profit transfer agreement arose in
the 3rd quarter of 2008 amounting to 2 million Euro, which mainly 
comprise consultancy costs.
This press release and the interim report for the 3rd quarter of 2008
are available under www.COMPUTERLINKS.net.
Further information:
COMPUTERLINKS AG
Daniela Drygalla - Investor Relations
Stefan-George-Ring 23
D-81929 Munich
Tel.: +49 (0) 89 930 99-227
Fax:  +49 (0) 89 930 99-200
Email:  Investor-Relations@COMPUTERLINKS.de
Internet: www.COMPUTERLINKS.net
end of announcement                               euro adhoc

Further inquiry note:

Daniela Drygalla

Tel: +49(0) 89 93099227

investor-relations@computerlinks.de

Branche: Computing & Information Technology
ISIN: DE0005448807
WKN: 544880
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Börse München / free trade

Plus de actualités: ComputerLinks AG
Plus de actualités: ComputerLinks AG