Ad-hoc | 18 July 2001 07:00
DCI Database
english
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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DCI AG publishes provisional six-month figures for 2001
Starnberg, Germany – 18 July 2001. DCI AG today published its provisional
figures for the first six months of the year. Between January and June 2001,
company turnover totalled 6,712 KEuro. EBIT amounted to minus 15,011 KEuro. The
figures posted do not align with budgetary predictions. This is attributable to
the slowdown in DCI sales caused by the depressed economic climate and the
gradual lengthening of sales cycles for IT investments. The rationalisation
measures implemented so far will impact on the figures in the third and fourth
quarters in particular. Cash and cash equivalents of the DCI Group amounted to
24 million Euro.
In response to the difficult market conditions, DCI has been systematically
reining in costs since the start of 2001. Staff numbers have been cut back at
both the company headquarters and at all subsidiaries and offices. Investment
levels have also been trimmed. The early signs of these streamlining measures
are already evident with the cash-burn rate posted for the second quarter down
2 million Euro on the first quarter.
Recent modifications to US-GAAP will increase the amounts DCI is required to
post as depreciation for its subsidiaries. It is not, however, feasible to
quantify the adjusted figures at this stage.
DCI delivers a range of solutions and services aimed at the seamless networking
of all customer and product data. It offers its customers a decisive
competitive advantage by providing a one-stop platform, enabling them to
effortlessly handle all e-commerce transactions over the Net. Through the
recent acquisition of majority shareholdings in MuK Medien- und Kommunikations
GmbH and Buying House GmbH, DCI has enriched its existing portfolio with
interesting new value-add services and synergy effects. These latest moves open
up a host of exciting and rewarding opportunities for DCI.
DCI will present the final figures and its six months’ report on 16 August
2001.
end of ad hoc announcement (c) DGAP 18.07.2001
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WKN: 529 530; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
180700 Jul 01