Ad-hoc | 27 March 2002 14:59
Amadeus AG
english
Amadeus Group sells its IT participation
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Amadeus Group sells its IT participation
Frankfurt/Main, 27th of March 2002. FiRe AG a 100% subsidiary of Amadeus AG
and market leader in human resource services in the area of finance and
accounting sells its 51% participation of Amadeus IT Consulting GmbH.
The sale of the participation will not have a negative impact on the expected
result of the Group, an EBITA of approx. Euro 9 million for fiscal year
2001/2002.
By selling the IT activities Amadeus reacts on the consolidation taking place
in the market for SAP consulting services.
Amadeus Group will concentrate on the expansion of the existing services,
especially the increase of its market leadership in finance and accounting
and the extension of international activities.
Amadeus AG
Investor Relations
Robert v. Wuelfing
Tel: +49 (69) 96 876-180
Investor-Relations@AmadeusAG.de
end of ad-hoc-announcement (c)DGAP 27.03.2002
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WKN: 509310; ISIN: DE0005093108; Index: SDax
Listed: Amtlich Handel in Frankfurt (SMAX); Freiverkehr in Berlin, Düsseldorf,
Hamburg, München und Stuttgart
271459 Mär 02