Ad-hoc | 27 August 2004 08:50

NEXUS: Sales and profit improved over last year’s levels

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– NEXUS: Sales and profit improved over last year’s levels; international business increased Villingen-Schwenningen, August 27, 2004: Nexus AG, the medical software specialist, was able to increase its sales revenue in the first quarter of 2004 by 5 percent, from KEUR 6,019 in the first six months of 2003 to KEUR 6,313 this year. The EBITDA improved substantially by KEUR 462 from KEUR 276 (first half year 2003) to KEUR 738 in the second half year 2004. At the same time pre-tax net income also improved by KEUR 238, from a loss of KEUR 759 in the first half year 2003 to KEUR -521. Likewise the results after tax improved by KEUR 145 over the same period a year earlier from a loss of KEUR 869 to KEUR -724. Sales in the Healthcare Software Division amounted in the first six months of 2004 to KEUR 3,868 (first half year 2003: KEUR 3,460), which means that we have achieved approximately 12 percent growth. Sales in the Healthcare Service Division declined slightly in the first six months of 2004, by 4.5 percent, from KEUR 2,559 (first half year 2003) to KEUR 2,445. The cash flow from operating activity improved. In the first half year 2003 it was KEUR 270 and it now proved possible to generate KEUR 2,738. These numbers include the first-time consolidaton of micom GmbH, Munich, in the month of June. Due to the short consolidation period, however, consolidation effects have entered the sales and result to a very limited degree. The trend was also positive in the rate at which new orders came in from outside Germany. The foreign share of sales in the first six months of 2004 rose from 16 in the previous year to 23 percent. This development has been mainly influenced by our activities in European and Arabic countries. Nexus AG possesses a healthy balance sheet. The equity capital rate is still high and amounts to 85 percent. For further information: Ms Angelika Lange-Nexus AG-78052 Villingen-Schwenningen, Germany,- angelika.lange@nexus-ag.de , http://www.nexus-ag.de/ end of ad-hoc-announcement (c)DGAP 27.08.2004 ——————————————————————————– WKN: 522090; ISIN: DE0005220909; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, München, Hannover und Stuttgart 270850 Aug 04