Ad-hoc | 28 July 2006 09:52
NorCom releasing final first-half figures
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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ADHOC BULLETIN
NorCom releasing final first-half figures
– Consolidated sales of € 13.1 million in line with forecast
– EBITDA of EUR 1.2 million and EBIT of 0.8 million
Munich, July 28, 2006 – NorCom Information Technology AG, which is listed
in the General Standard of the Frankfurt stock exchange, has today
published its sales and earnings figures for the first half of 2006.
In the first half of 2006, NorCom Information Technology AG recorded
consolidated sales of € 13.1 million, an increase of around 6 percent over
the previous year (€ 12.4 million). At € 13.4 million, consolidated total
revenues were also roughly 6 percent up on the year-ago figure of approx. €
12.6 million.
The Company achieved EBITDA of € 1.2 million in the first six months of
2006 (previous year: approx: € 1.5 million), while EBIT came in at around €
0.9 million (previous year: € 1.1 million).
The decline in earnings in the first half of 2006 is primarily due to
heightened capital spending on product business.
For the year as a whole, the Company is still on track to achieving its
forecast of a 10% increase in sales in tandem with double-digit EBIT growth
thanks to the substantial year-on-year improvement in orders and the
traditionally stronger second half of the year.
In addition, NorCom sees potential in the Apple Content Management
Production System for the second half of the year. NorCom is the world’s
first company to offer a completely Apple-based TV and media production
solution at prices around 60% below those for comparable systems.
The Company has already achieved preliminary success, with the new Internet
TV broadcaster Deutsches Anleger Fernsehen DAF, a subsidiary of Kulmbacher
Börsenmedien AG, opting to use the Mac-based NCPower product.
The detailed interim report on the first six months of the current fiscal
year is available as of today’s date from the Company’s website at
www.norcom.de.
About NorCom
With offices in Germany and Scandinavia, NorCom Information Technology AG
is one of the leading solution providers for secure business and media
applications. Listed on the regulated market segment of the Frankfurt
stock exchange (DE0005250302), it offers European Top 100 companies
individual consulting services and proprietary software solutions on a
single-stop basis.
Its range encompasses project management and overall responsibility for
large-scale complex projects, business process definition, the integration
of complex application structures as well as the incorporation of business
processes in secure e-business solutions.
NCPower is the cross-media suite (TV, radio, Internet, mobile
communications) for the production, management and archiving of formats
such as news. It features a modern Java and XML platform for the uniform
creation of multimedia content and seamless system integration.
NorCom’s customers particularly include companies in the
financial-services, telecommunications, industrial and public sectors.
NorCom posted revenues of roughly EUR 24.7 million in 2005.
This press release can also be read at our web site at News >
Presseinformationen:
http://www.norcom.de/news/presseinfos/presseinfos2006.htm
Further information NorCom Information Technology AG
Stefan-George-Ring 23 – 81929 Munich
Claudia Rönnau (Marketing)
Tel +49 – 89 – 93948-233 – Fax +49 – 89 – 93948-111
Susan Hoffmeister-Becker (Investor Relations)
Fon +49 – 89 – 93948-248 – Fax +49 – 89 – 93948-111
aktie@norcom.de
Further information NorCom Information Technology AG
Stefan-George-Ring 23 – 81929 Munich
Claudia Rönnau (Marketing)
Tel +49 – 89 – 93948-233 – Fax +49 – 89 – 93948-111
Susan Hoffmeister-Becker (Investor Relations)
Fon +49 – 89 – 93948-248 – Fax +49 – 89 – 93948-111
aktie@norcom.de
(c)DGAP 28.07.2006
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Language: English
Issuer: Norcom AG
Stefan-George-Ring 23
81929 München Deutschland
Phone: +49 (0)89 93948-248
Fax: +49 (0)89 93948-111
E-mail: aktie@norcom.de
WWW: www.norcom.de
ISIN: DE0005250302
WKN: 525030
Indices:
Listed: Geregelter Markt in Frankfurt (General Standard); Freiverkehr
in Berlin-Bremen, Düsseldorf, Stuttgart, München, Hamburg
End of News DGAP News-Service
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