caatoosee ag i.L.

euro adhoc: caatoosee ag
Quarterly or Semiannual Financial Statements
Sales up 181 percent in first nine months
Restructuring program showing effects caatoosee ag Increases Sales and Reduces Operating Loss for the Quarter (E)

--------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. --------------------------------------------------------------------- The information logistics company caatoosee ag increased its sales in the third quarter of fiscal year 2001/2002 (October to December) and significantly reduced its operating loss for the quarter. Quarterly sales rose 42 percent since the prior quarter and reached 14.9 million euro. For the first nine months, sales grew 181 percent since the same period in the previous year to a total of 37.5 million euro. Earnings before interest, taxes, depreciation, and amortization (EBITDA) and before special expenses amounted to minus 0.8 million euro. The third quarter earnings per share amounted to minus 0.37 euro. For the nine-month period, the earnings per share amounted to minus 1.47 euro. EBITDA before special expenses was minus 7.9 million euro in the first nine months (prior year period: minus 1.8 million euro). For the first nine months of the year, EBIT before exceptional charges amounted to minus 17.9 million euro after depreciation and amortization of 10.0 million euro (including 8.0 million euro for goodwill amortization). Exceptional charges related to the reversal of an acquisition and the sale of equity investments in the amount of 3.3 million euro resulted in an EBIT of minus 21.2 million euro. General and administrative expenses came to 2.4 million euro in the third quarter, representing 16% of sales, as compared to 25% in the comparable quarter of the prior year. Shareholders’ equity as of 12/31/2001 was 80.2 million euro. With an equity ratio of 73%, the Group continues to enjoy a strong capital base. Liquid assets and short-term investments were still at a high level at 25.3 million euro. The Management Board end of announcement euro adhoc 28.02.2002 --------------------------------------------------------------------- Further inquiry note: Stefan Ahrens caatoosee ag T.: +49-(0)7152 / 355-6000 F.: +49-(0)7152 / 355-6650 stefan.ahrens@caatoosee.com Branche: Software ISIN: DE0006178353 WKN: 617835 Börsen: Börse Düsseldorf, Handelsüberwachung der Berliner Wertpapierbörse, Baden-Württembergische Wertpapierbörse, Bayerische Börse, Bremer Wertpapierbörse (BWB), Frankfurter Wertpapierbörse, Hamburger Wertpapierbörse, Niedersächsische Börse zu Hannover Original-Content von: caatoosee ag i.L., übermittelt durch news aktuell

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