Ad-hoc | 21 March 2002 08:24

WDH/realTech AG english REALTECH AG: Ad

hoc-Announcement Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– -Publication of consolidated annual financial sta tements and 2001 annual report -Change in the Board of Directors -Increase in personnel in Technology Consulting division worldwide Walldorf, March 21, 2002. REALTECH AG is today publishing its consolidated annual financial statements and annual report for 2001. There have been no changes from the provisional figures for 2001 published in an ad hoc release on February 8, 2002: Sales increased in 2001 by 25% to EUR 56.5 million (2000: EUR 45.2 million). The operating result (EBIT) totaled EUR 1.8 million (EUR 2.0 million), and EBITDA EUR 5.4 million (EUR 5.0 million). After-tax earnings totaled EUR -2.1 million (EUR -0.9 million), producing earnings per share of EUR -0.42 (EUR -0.18). Adjusted by the two special effects – the sale of the investment in IT-GO! GmbH and depreciation on the investment in InterClubNet plc. – EBIT increased from EUR 0.7 million to EUR 1.8 million, and EBITDA from EUR 3.7 million to EUR 5.4 million. On the basis of these figures, a net income for the year of EUR 0.6 million (EUR -0.5 million) and earnings per share of EUR 0.13 (EUR -0.09) were attained. As at December 31, 2001, 640 employees were on the payroll of REALTECH, representing a 25% increase on the figure posted at the end of 2000 (514). REALTECH still expects sales of EUR 70.0 million and EBIT of EUR 4.3 million for 2002. Rainer Schmidt, co-founder and Chief Operating Officer of REALTECH AG, is standing down from the Board of Directors of his own accord at the end of this year’s Annual General Meeting on May 16, 2002. Rainer Schmidt will remain in close contact with the company and intends to stand for election to the Supervi- sory Board. Concurrently, Joerg Kayser will assume responsibility for the Technology Consulting division worldwide from April 1, 2002 as a member of the extended management of REALTECH AG, with a view to pursuing the agreed strategy and continu-ing to expand the consulting business at an international level. Joerg Kayser has been working for REALTECH since 1996 and as a member of the Board of Direc-tors of REALTECH Italia S.p.A. has been managing the group’s largest foreign subsidiary extremely successfully. Contact person: Volker Hensel, Investor Relations REALTECH AG, D-69190 Walldorf Tel.:+49 (0)6227.837.500 Fax:+49 (0)6227.837.434 end of ad-hoc-announcement (c)DGAP 21.03.2002 ——————————————————————————– WKN: 700890; ISIN: DE0007008906; Index: Listed: Ne uer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 210824 Mär 02