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Vienna (ots Ad hoc-Service) -
First-quarter sales remained at the same high level as a year
before at EUR 19.4 million. At the same time, the average number of
employees over the period rose 6.5% to 1,037. In the wake of dramatic
changes in the industry, an unfavourable ratio of active personnel to
personnel in training had a negative impact on operating earnings.
BEKO Classic (IT consultancy in engineering and in the computing
As a result of advance infrastructure-related expenditure and
increased personnel (training) costs, EBIT fell from EUR 2.2 million
in the first quarter 1999 to EUR 1.0 million in 2000.
Due to the collapse of the German ERP market, the high optimism of
our German subsidiary BEKO Informatik GmbH could not be realized.
BEKO Informatik GmbH is lagging substantially behind its planned
targets, as only industry-average growth could be achieved using the
methods applied until now. The growth forecasts will be achieved
through acquisitions in future. Management problems which arose in
the past have now been resolved by the dismissal of the responsible
general manager and the reorganization of management
The Austrian subsidiary BEKO Ing. P. Kotauczek GmbH has developed
according to plan in the past quarter. Its entry into technical
software in the engineering field has borne its first fruits. This
segment is being expanded rapidly in the direction of embedded
software and device networking, with remote surveillance in the home
and B2B areas as its focus.
BEKO New Economy BEKO plans to expand its existing holding in the
German company AC-Service AG to achieve the status of a "significant
influence" as defined in IAS Rule 28. In the context of the
restructuring within BEKO's German subsidiary, the management is also
considering combining BEKO Germany's activities with AC Service, and
the controlled withdrawal of BEKO Ing. P. Kotauczek GmbH is also
possible. In the medium term there might also be a management
cross-over between the two companies. Synergies will be achieved
efficiently through close cooperation on future ASP projects.
In future BEKO will devote itself more to the theme of "Internet
through power lines", the transport of data via the electricity
network. A special form of embedded software is required to achieve
the goal of "Internet from the power point", and BEKO has concluded a
development agreement for this software with the company Datasoft.
In the area of voice communication, the helpdesk and systems
management activities of BEKO Ing. P. Kotauczek GmbH are being
expanded further, and participation in existing call centres is being
considered in order to reinforce existing know-how and expand our
BEKO dot.com strategy The negotiations with "dot.com enterprises"
in the B2B areas of financial services, medium-sized marketing and
trading systems have moved into the decisive phase. The investment
policy of BEKO Holding AG includes both financial participations and
strategic partnerships, as well as exercising strategic influence as
a Significant Influence.
Original-Content von: BEKO Holding AG, übermittelt durch news aktuell