Augusta Technologie AG

ots Ad hoc-Service: Augusta Technologie AG

Ad hoc-announcement edited and sent by DGAP. The sender is solely responsible for the contents of this announcement. ----------------------------------------------------- Frankfurt (ots Ad hoc-Service) - AUGUSTA remains on earnings-oriented growth path Sales growth of 18.7% to EUR 204.3 million Subsidiaries earnings 3.2% above target at EUR 36.8 million Sales increase of at least 50% forecast for 2001 Neuer Markt-listed AUGUSTA Technologie AG (German Securities Code Number (WKN 508 860) can look back on another successful fiscal year. Sales rose by 18.7% from EUR 172.2 million in 1999 to EUR 204.3 million as disclosed in the preliminary and unaudited financial statements. The two divisions which enjoyed particular success were sensors (sales up 59.5% to EUR 76.6 million) and communications technology (up 55.4% to EUR 36.5 million). Sales in AUGUSTA's software and systems technology division declined by 9.4% to EUR 91.3 million, in line with the company's planning. This was due to the one- off growth generated in fiscal year 1999 by the unique major order from its subsidiary DLoG. AUGUSTA's subsidiaries generated earnings before taxes, goodwill amortization and holding costs of EUR 36.8 million (previous year: EUR 34.8 million), exceeding internal forecasts by 3.2%. Net income before minority interests is EUR 13.6 million, net income after minority interests EUR 9.8 million. Corresponding earnings per share of 0.82 cents are 4.7% below internal forecasts. This is because costs of EUR 1.2 million relating to Data Display AG's IPO could no longer be eliminated against this subsidiary's equity as a result of its IPO being postponed. Nevertheless, AUGUSTA's Managing Board believes that its decision to postpone Data Display AG's IPO is justified given the ongoing weakness of the Neuer Markt. In view of the favorable development of the past fiscal year, the Managing Board will again propose a dividend of 0.31 cents per share to the general meeting. For the current fiscal year, AUGUSTA expects that its acquisition of ND SatCom GmbH, which was completed in December 2000 but did not take effect until January 1, 2001, will ensure a sales increase in fiscal year 2001 of at least 50%. This does not take account of ongoing projects. For further information: Dr. Dominik Kramer, Ms. Lena Stippich Tel. +49 (0)69 24 26 69-19 - e-mail: The Managing Board WKN: 508 860; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München, Stuttgart End ----------------------------------------------------- Internet: Original-Content von: Augusta Technologie AG, übermittelt durch news aktuell

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