Balda Aktiengesellschaft

ots Ad hoc-Service: BALDA AG

Ad hoc-announcement edited and sent by DGAP. The sender is solely responsible for the contents of this announcement. ----------------------------------------------------- Bad Oeynhausen (ots Ad hoc-Service) - The company reports excellent results Operating performance more than doubled once again / Results in full accordance with plans / Continued above-average growth potential Bad Oeynhausen. In the first nine months of the current business year (Sept. 30), Balda AG increased its total operating performance to 108.4 million euro, as against 43.6 million euro in the same period of 1999. This represents an increase of 64.8 million euro, and a growth rate of 148 percent. As a systems supplier of mobile-phone equipment, the company increased its pre-tax earnings in this period by a factor of almost seven, from 1.8 million euro to 12.5 million euro. The adjusted net operating margin (pre-tax earnings in comparison to total operating performance) has thus more than trebled, from 4.1 percent to 13.5 percent. At the end of the third quarter, Balda's total operating performance has exceeded targets, with earnings fully in accordance with plans. Continuing dynamic growth in the mobile-phone market gives Balda excellent opportunities and further potential for the 2001 business year. In the third quarter itself, (July 1 to September 30), total operating performance increased from 16.3 million euro to 56.3 million euro in comparison to the same period of 1999 - growth of 40 million euro at a factor of around two and a half. In comparison to the second quarter of the present business year, Balda's total operating performance again rose markedly, from 29.2 million euro to 56.3 million euro - an increase of 27.1 million euro or 93 percent. Net earnings per share increased strongly at the end of the third quarter of 2000, by 600 percent, from 0.029 Euro to 0.2 Euro. This takes account of the capital increase of stock options (100,000 End of message ----------------------------------------------------- Internet: http://recherche.newsaktuell.de Original-Content von: Balda Aktiengesellschaft, übermittelt durch news aktuell

Themen in dieser Meldung


Das könnte Sie auch interessieren: