Ad-hoc | 2 August 1999 14:28
Ad hoc-Service: SZ Testsysteme AG
eng.korrekt
Ad-hoc announcement sent by DGAP.
The sender is solely responsible for the contents of this announcement.
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Correction
The last two sentences of this press release has been
corrected. The complete corrected text is as follows:
PRESS RELEASE
37 % Growth for SZ Test Systems
The highest turnover and number of orders received in
any quarter
Amerang, 2 August 1999. In the third quarter of the
1998/99 business year (to 30 September) SZ Testsysteme
AG in Amerang, near Wasserburg, achieved the largest
quarterly sales in the companys history: 12.2 million
DM. Compared with the same period of the previous year,
this corresponds to an increase of 3.3 million DM or
37%. Thanks to very substantial orders from the USA, an
order volume of 13.1 million DM was booked – the highest
ever in one quarter.
During the first nine months of the current business
year, sales rose by 25% to 32.4 million DM (previous
year 25.9 million DM). The 3.7 million DM losses from
ordinary business activities were caused by the 4
million DM costs for IPO. And significant expenditure
for the strategic expansion of the worldwide sales
network and the diversification of the product spectrum
had a further negative effect.
End of Message