Corporate | 9 August 2005 10:08
ARQUES Industries AG presents Q2 Report
Corporate-news transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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ARQUES Industries AG presents Q2 Report
Preliminary figures confirmed
Starnberg, August 9, 2005 – Four weeks after the Annual General Meeting on
July 14, 2005, ARQUES Industries AG (DE0005156004/WKN 515600) presents the
report for the second quarter of 2005. The figures for the second quarter and
first half-year were submitted to an unrestricted “limited review” by the
certified public accountant. The preliminary published figures were confirmed.
The report can be downloaded from the ARQUES internet site (under the menu
item Quarterly Reports).
On August 5, 2005, Peter-Thilo Hasler, Head of Small Caps Research at the
HypoVereinsbank, had published an analyst’s report about ARQUES Industries AG,
and had taken up the ARQUES share in the coverage with a purchase
recommendation. The report is based on a thorough examination of the ARQUES
business model and on an intensive assessment of the individual subsidiaries.
“Already the capital market reporting and the informational content of the
internet site far exceed the investor relations standard”, according Peter-
Thilo Hasler’s study. Nevertheless Hasler would like to see further measures
regarding increased transparency as well as intensified IR activities.
The “Nebenwerte Insider”, the largest German print medium regarding second-
line stocks, certified ARQUES with an unusual performance in its August
edition.
Regarding the desired admission into the SDAX market, the two most important
parameters, free-float market capitalisation and trade volume, have further
improved clearly from June to July. The 110/110-rule applies to both criteria,
according to which the company should be listed amongst the 110 largest
companies in Germany listed below the DAX.
Regarding the free-float market capitalisation, ARQUES could improve from
number 98 (free-float market capitalisation: EUR66.08 million) at June 30,
2005, to number 88 (EUR120.52 million) at July 29, 2005. Responsible for this
were the generally higher share quote, the rise of the free-float by means of
the capital increase carried out, as well as the shift of old shares to
institutional investors. Thus ARQUES has already achieved a middle placement
in the SDAX environment.
Clear vitalization could also be seen in the trade volume. All in all ARQUES
was able to move from the 136th (12 months turnover as of June 30, 2005:
EUR15,71 million) to the 122th (12 months turnover as of July 29, 2005:
EUR24,19 million) place. Thereby the 110 mark has moved within reach. The
expectations of the ARQUES executive board regarding the segment have been
fully confirmed.
Contact:
ARQUES Industries AG
Investor Relations
Anke Luedemann
Tel.: +49 (0) 8151/651 0
Mail: luedemann@arques.de
End of announcement (c)DGAP 09.08.2005
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WKN: 515600 ; ISIN: DE0005156004; Index:
Listed: Geregelter Markt (Prime Standard) in Frankfurt; Freiverkehr in Berlin-
Bremen, München und Stuttgart
091008 Aug 05