Ad-hoc | 21 October 2004 06:59

REALTECH: Preliminary 9-month figures and quarterly figures for 2004

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– REALTECH: Preliminary 9-month figures and quarterly figures for 2004 ·Revenues down 12% ·Software up 9% ·Consulting down 16% ·Improvement in net liquidity, cash flow further positive Walldorf, October 21, 2004. REALTECH AG’s revenues fell in the first 9 months of 2004 by 12% to EUR 36.3m (compared with EUR 41.1m in the first 9 months of 2003). Software revenues increased to EUR 6.8m (EUR 6.2m), while consulting revenues fell by 16% to EUR 29.5m (EUR 35.0m). EBITDA (earnings before interest, taxes, depreciation, and amortization) reached EUR 0.4m (EUR 2.8m), while the operating income (EBIT) reached EUR 1.2m (EUR 0.6m). Consolidated net income amounted to minus EUR 1.2m (minus EUR 0.9m), while earnings per share were minus EUR 0.24 (minus EUR 0.17). At the end of Sep- tember 2004, net cash and cash equivalents were EUR 22.2m, compared to EUR 20.0m at the end of 2003 and EUR 19.4m at the end of last September. The company achieved a cash flow of EUR 2.5m (EUR 3.8m). 3rd quarter of 2004: Revenues fell by 12% to EUR 11.9m (from EUR 13.5m in the third quarter of 2003). Software revenues increased slightly to EUR 2.3m (EUR 2.2m) while consulting revenues fell by 15% to EUR 9.6m (EUR 11.3m) Decreases were recorded in terms of EBITDA – from EUR 1.0m to EUR 0.2m – and EBIT – from EUR 0.3m to minus EUR 0.3m. The consolidated net income dropped to minus EUR 0.4m (EUR 0.1m), corresponding to earnings per share of minus EUR 0.09 (EUR 0.02). REALTECH will be publishing its quarterly report for Q3/2004 on November 4th, 2004. Contact: Volker Hensel Investor Relations REALTECH AG, 69190 Walldorf Tel.: +49.6227.837.500 Fax: +49.6227.837.9134 http://www.realtech.com end of ad-hoc-announcement (c)DGAP 21.10.2004 ——————————————————————————– WKN: 700890; ISIN: DE0007008906; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 210659 Okt 04