Ad-hoc | 15 February 2005 08:38

CENIT AG Systemhaus:CENIT considerable earnings increase in 2004

Ad hoc announcement §15 WpHG Provisional Figures CENIT AG Systemhaus:CENIT considerable earnings increase in 2004 Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— CENIT – considerable earnings increase in 2004 according to provisional figures Executive Board proposed Dividend of 30 cents per share Stuttgart – 15 February 2005 – 8:30 am – After an initial analysis of the 2004 business results and subject to the audit certificate, the Executive Board at CENIT AG Systemhaus (Prime Standard: CSHG.F ISIN DE0005407100) anticipates consolidated sales of approx. EUR 74,9 million for the 2004 fiscal year. This represents an increase of approximately 6 % on the previous year sales figure of EUR 70.5 million. Growth in the consulting business and the deliberate refusal to generate sales via price resulted in a significant earnings upturn. Gross profit improved by 11 % to EUR 48 million (2003: EUR 43,2 million). In the reporting period, EBIT increased from EUR 2.5 million by over 203 % to approximately EUR 7,5 million. This represents an EBIT margin of 10% after 3,5 % in the previous fiscal year. Due to the good development of business, the Executive Board and Supervisory Board will propose the distribution of a dividend of 30 cents per share at this year’s Shareholders’ Meeting. In the 2004 fiscal year, we achieved the most important objectives – improving profitability and the rigorous focus on our core competences. We are facing 2005 optimistically. In 2005, CENIT expects profitable growth combined with the further development of the consultancy business for Product Lifecycle Management, Enterprise Content Management and Outsourcing. For 2005, the CENIT AG Systemhaus Executive Board anticipates consolidated sales of EUR 77 million, gross profit of EUR 51 million and EBIT of EUR 7,3 million. Detailed results for the 2004 fiscal year will be published as part of a press conference on 22 March 2005. If you have any enquires, please contact: CENIT AG Systemhaus Fabian Rau/Investor Relations Industriestrasse 52-54 /D-70565 Stuttgart Tel.: (+49) 7 11 / 78 25-3185 Fax: (+49) 7 11 / 78 25-4185 E-mail: f.rau@cenit.de Forward-Looking Statements This news release may contain forward-looking statements about the business, financial condition, results of operations and earnings outlook of CENIT Words such as “may,””will,” “expect,” “anticipate,” “contemplate,” “intend,” “plans,” “believe,””continue” and “estimate,” and variations of these words and similar expressions, identify these forward-looking statements. These statements are not guarantees of future performance, involve certain risks, uncertainties and assumptions that are difficult to predict, and are based upon assumptions as to future events that may not prove accurate. Therefore, actual outcomes and results may differ materially from what is expressed herein. In any forward-looking statement in which CENIT expresses an expectation or belief as to future results, such expectation or belief is expressed in good faith and believed to have a reasonable basis, but there can be no assurance that the statement or expectation or belief will result or be achieved or accomplished. Actual operating results may differ materially from such forward-looking statements and are subject to certain risks Information about CENIT: CENIT AG Systemhaus is an internationally operating consulting company which employs more than 470 people. Focusing Product Lifecycle Management Consulting, Outsourcing and Enterprise Content Management solutions, the company is listed in Germany’s Prime Standard. Customers are BMW, DaimlerChyrsler, Audi, VW, AIRBUS, CONTI, Allianz, Metro, REWE and others. CENIT AG Systemhaus Industriestraße 52 – 54 70565 Stuttgart Deutschland ISIN: DE0005407100 WKN: 540710 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart End of ad hoc announcement (c)DGAP 15.02.2005 150838 Feb 05