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LS telcom AG

euro adhoc: LS telcom AG
Quarterly or Semiannual Financial Statements
Adhoc-Statement according § 15 WpHG Annual accounts of financial year 2003/04

Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
Lichtenau, Nov. 29, 2004. During the financial year 2003/04 ending at
Sept. 30, 2004, LS telcom managed to increase sales revenues to EUR
9.6 million, i.e. a 15% increase compared to EUR 8.4 million the year
before. The company was able to achieve a positive result for the
fourth quarter of the financial year.
Net loss was reduced by 40% from EUR -4.87 million to EUR -2.95
million. Before extraordinary expenses and one-time adjustments, the
net loss of the company group is EUR ?1.76 million.
Per end of financial year 2003/04 LS telcom held cash of EUR 4.7
million. At the same time, the worldwide payroll comprises 95 staff
(previous year 125).
The current order book shows EUR 5.2 million as secured revenues for
the financial year 2004/2005, which is about the same amount like in
the year before. The company is confident to realise a further
increase in sales revenues during financial year 2004/2005.
Considering the implemented cost-saving measures the company is
confident to achieve a neutral result.
end of announcement                    euro adhoc 29.11.2004 21:35:03 

Further inquiry note:

Harald Ludwig
Tel.: +49(0)7227 9535 705
HLUDWIG@LSTELCOM.Com

Branche: Telecommunications Services
ISIN: DE0005754402
WKN: 575440
Index: Prime Standard, CDAX, Prime All Share, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Berliner Wertpapierbörse / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade
Bayerische Börse / free trade
Bremer Wertpapierbörse (BWB) / free trade

Original-Content von: LS telcom AG, übermittelt durch news aktuell

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