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SoftM Software und Beratung AG

euro adhoc: SoftM Software und Beratung AG
Quarterly or Semiannual Financial Statements
SoftM Q3-Report 2003: - Group Revenues of 47,0 million Euro (previous year 53.8) and Operating Result (EBT) of - 1.3 million Euro (previous year 0.7). - Sharp i

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
SoftM Software und Beratung AG (ISIN: DE0007249104), Munich, achieved
group revenues of 47,0 million Euro (previous year 53.8) for the
first nine months of business year 2003. Revenues in the business
unit standard software were 11.2 million Euro (previous year 11.0),
in consulting 16.9 million Euro (previous year 18.1) and in hardware
18.9 million Euro (previous year 24.7).
The result before taxes, interests, depreciation and amortisation
(EBITDA) in the first nine months of 2003 amounted to 3.1 million
Euro (previous year 5.0). The result of common business activities
(EBT: operating result) amounted to  - 1.3 million Euro as compared
to the EBT of the previous year of 0.7 milion Euro. Group result
after three quarters was -1.3 million Euro (previous year - 0.2).
Group result per share was - 0.26 Euro (previous year - 0.05). 
Operating cash flow for the reporting period amounted to 10.4 million
Euro (previous year 4.9).
The improved general economic mood has not, as yet, led to a
noticeable improvement in the investment climate for ERP software.
Nonetheless, SoftM is expecting a traditionally strong fourth quarter
with considerably increased revenues and results compared to the
average of the previous quarters. SoftM is reckoning with a positive
Group-EBT of approx. 0.3 million Euro for business year 2003.
The complete nine month report for 2003 is available at
www.softm.com.
Additional Information:
Dr. Johannes Weidelener, Investor Relations, SoftM AG,
Messerschmittstr. 4, 80992 München; Tel.: +49 (0) 89 14329-1169; Fax:
+49 (0) 89 14329-21169; e-mail:  johannes.weidelener@softm-ag.de
End of the Ad-hoc-Statement
Information und Comments of the Emitter pursuant to the  Ad-hoc
Statement
SoftM Software und Beratung AG, Munich, is a leading provider of
business standard software. Central product is the ERP software SoftM
Suite by which the business processes of mid-sized companies can be
depicted in a uniform system. In addition, SoftM offers its customers
a complete range of consulting services for the standard software and
integrated partner products (e.g. groupware, document management,
content management). These services offered by SoftM are complemented
by hardware and therewith related infrastructure services. SoftM,
founded in 1973, serves 3,400 clients with a team of around 450
employees at 16 locations in Germany, Austria, Switzerland, France
and the Czech Republic. In the business year 2002 Group revenues
amounted to 75.9 million Euro.
end of announcement        euro adhoc 18.11.2003

Further inquiry note:

Dr. Johannes Weidelener
IR Manager
+49(0)89 14329 1169
johannes.weidelener@softm-ag.de

Branche: Software
ISIN: DE0007249104
WKN: 724910
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