Ad-hoc | 26 February 2001 08:50

Ad hoc-Service: Pandatel AG english

Ad-hoc announcement precessed and sent by DGAP. The sender is solely responsible for the contents of this announcement. ——————————————————————————– PANDATEL profitably presses ahead with globalization Figures for 2000 exceed the sales and EBIT targets Hamburg, Feb. 26, 2001. PANDATEL has managed to outperform the budget targets for business 2000, despite having revised them upwards as late as August. Sales have risen 55.3 percent from EUR 23.5 million to EUR 36.5 million, and thus three percentage points faster than expected. Earnings from operations (EBIT) have been boosted 38.2 percent from EUR 7.6 million to EUR 10.5 million. This is a full 14 percentage points higher than targeted. With its impressive EBIT margin of almost 29 percent, PANDATEL has once again demonstrated that it is pursuing the right strategy for profitable growth. With the launch of the FOMUX fiber-optic platform first presented in 2000 PANDATEL has succeeded in expanding geographically worldwide and in profitably moving into new business fields, such as external Storage Area Networks. All in all, 86 percent of total sales are now posted as exports to 93 different countries. Further information on business 2000 will be released at the press conference presenting the PANDATEL AG annual financial statements in Frankfurt at 10 a.m. on March 23, 2001. The Board of Management For further information: PANDATEL AG Fasanenweg 25 22145 Hamburg Germany Henrik Förderer Tel. +49 (0) 40 644 14-0 Fax +49 (0) 40 644 57 92 www.pandatel.com end of Ad hoc-announcement, (c) DGAP 26.02.2001 ———————————————————————– WKN: 691630; Index: NEMAX 50 Listed: Neuer Markt Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, München, Hannover und Stuttgart 260850 Feb 01