Ad-hoc | 19 March 2003 07:00

antwerpes AG english

Financial year 2002: Good 4th quarter – Dividends announced Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Sales 2002: 13.3 million euro EBITDA: 1.4 million euro EBIT: 0.4 million euro Profit per share: 0.12 euro Funds to hand: 30.8 million euro Liquid assets per share: 5.22 euro General meeting of shareholders: Dividends/share of 0,10 euro Cologne, 19 March 2003 – antwerpes ag, Cologne (ISIN DE0005471007 // WKN 547100) achieved sales totalling 3.7 million euro in the 4th quarter of 2002. This shows an increase of 2.7% when compared to the same period in the previous year and an increase of 16.8% when compared to the 3rd quarter of 2002. Therefore sales in the financial year 2002 totalled 13.3 million euro compared to 15.4 million euro in 2001 (-13.8%). The drop in sales occurred in the 2nd and 3rd quarters. Profit before taxes, interest and depreciation charges (EBITDA) amounts to 1.4 million euro (previous year: 1.9 million euro). Profit before interest and taxes (EBIT) amounts to 0.4 million euro (0.8 million euro). Extraordinary amortisation of goodwill and own work capitalised totalling 0.3 million euro are included in this figure. Adjusted by this effect, the operating margin (EBIT margin) amounted to 7.9% in the 4th quarter and 4.7% for the whole year. The result from ordinary business activities amounts to 1.4 million euro (2.0 million euro). Profit per share totals 0.12 euro (0.22 euro). Funds to hand have increased by 1.4 million euro to 30.8 million euro when compared to those for the previous quarter which totalled 29.4 million euro. All in all, it was possible to increase funds to hand by 2.1 million euro in the financial year 2002. Liquid assets per share amount to 5.22 euro. The individual financial accounts of antwerpes ag, produced according to the German Commercial Code, show a profit after taxes of 1.0 million euro or of 17 cent/share. The Board of Directors and the Supervisory Board will present a proposal to the annual general meeting of shareholders on 4.6.2003 whereby a dividend of 10 cent per share should be paid out for the first time for the financial year 2002. For the financial year 2003, antwerpes ag is striving to achieve a 6% growth in sales taking the figure up to 14.1 million euro. Contact: antwerpes ag, T. Mumme, fon.: +49-221-92053-139, eMail: ir@antwerpes.de end of ad-hoc-announcement (c)DGAP 19.03.2003 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: Overview of the company indicators for 2002/2001 in tabular form: Indicator 2002/ 2001/ Change Sales: 13,278,000 euro / 15,405,000 euro / -13.8% Gross earnings: 9,231,000 euro / 10,546,000 euro / -12.5% EBITDA: 1,352,000 euro / 1,863,000 euro / -27.4% EBIT: 362,000 euro / 839,000 euro / -56.9% Result from ordinary business activities: 1,406,000 euro / 2,000,000 euro / -30% Result/share: 0.12 euro / 0.22 euro / -45.5% Funds to hand: 30,821,000 euro / 28,706,000 euro / +7.4% ——————————————————————————– WKN: 547100; ISIN: DE0005471007; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München und Stuttgart 190700 Mär 03