Ad-hoc | 14 August 2000 20:25
Ad hoc-Service: Antwerpes AG
Half-Year Statem
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Ad hoc press release for antwerpes ag
Final figures for the second quarter: antwerpes ag doubles
turnover compared with previous year/ profit significantly above
plan/ despite high investment antwerpes results still in the
black
Cologne/Berlin, 14. August 2000
antwerpes ag, Cologne (www.antwerpes.de) increased its growth
rate once again in the second quarter of 2000, producing a
turnover of DM 4.8 million. Compared with the previous year,
turnover increased in the first 6 months of the year by 109 %,
reaching DM 7.5 million by the end of June (prior year DM 3.6
million). This increase in turnover has resulted from purely
organic growth. Profits also showed a very pleasing increase. At
DM 987,000, the EBIT was significantly over plan. The company had
expected to have, by the mid-year, an EBIT of just DM -0.1
million, one of the reasons being that DocCheck was to require
high investment in expanding its healthcare portal
internationally.
All service divisions of the company contributed to the growth in
turnover: examples of this were New Media with an increase of DM
1.2 million, or 175 %, to DM 3.3 million and the Classic Media
unit expanding by DM 2.2 million (46 %) to DM 3.3 million. The
growth of the subsidiary, DocCheck Medical Services GmbH, the
largest healthcare portal in Europe, has given particular
satisfaction. Some of this was derived from a part of the newly
won major contract from Novartis. Turnover rose from DM 269,000
in the first quarter to DM 880,000 in the second quarter of 2000.
This meant an increase of 604 % compared with the same period in
the previous year. During the same time the number of registered
users at DocCheck increased by 240 % from 13,200 to 50,000.
Despite the strong growth, the international promotion and
expansion of the DocCheck platform has remained profitable for
antwerpes. The company is planning further aggressive investments
over the coming quarters in future projects in the healthcare
market.
Contact adress:
antwerpes ag
Tanja Mumme
Vogelsanger Str. 66
5082 Köln Fon: +49.221.92053139 Fax: +49.221.92053133
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