Ad-hoc | 14 April 2000 19:35
Ad hoc-Service: FORIS AG
english
Ad hoc-Mitteilung verarbeitet und übermittelt durch die DGAP.
Für den Inhalt der Mitteilung ist der Emittent verantwortlich.
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Quarterly Report of FORIS AG
FORIS AG is publishing its first-quarter report for 2000 today.
It can be found on the FORIS AG website at www.foris-ag.de.
The quarter is closing with a deficit of EUR 0.18 per share.
Total option volumes from current judicial proceedings declined
during the reporting period from EUR 47.2 to 42.2 million. These
face demands valued at more than EUR 100 million; experience shows
that 10-20% of this amount will be reduced in litigation financing
agreements still to be concluded.
In the division of stockpiling companies, turnover showed a welcome
increase to EUR 2.6 million during the quarter under report.
In addition, further negotiations on cooperative ventures with or
involvements in strategic partners have nearly been concluded; these
will draw considerable attention in the legal market after they are
announced.
Concrete corporate growth indicates that a favorable business result
will be achieved at year end.
Ende der Mitteilung