CENIT AG Systemhaus

ots Ad hoc-Service: Cenit AG CENIT AG presents preliminary figures for 1999

The sender is solely responsible for the contents of this announcement. ----------------------------------------------------- Stuttgart (ots Ad hoc-Service) - CENIT AG Systemhaus - a company with a Neuer Markt listing presented its preliminary figures for the fiscal year 1999 today. These show that the company 's sales rose by approximately 29 to Euro 79.6 million (1998: Euro 61.6 million). Gross profit rose by about 34 percent to Euro 40.6 million (1998: Euro 30.3 million). There was also a gratifying development in earnings per share. On a comparable basis, earnings rose from Euro 0.58 to Euro 0.69 per share. This corresponds to an increase of 18.6 percent. Operating earnings were boosted to Euro 5.7 million (1998: Euro 5.0 million). With 125 new people the company throughout the group increased the workforce as on December 31st 1999 to a total of 440 (1998: 315). Strategic orientation to Internet technologies "Web technologies open up enormous possibilities to our customers by offering them business-to-business solutions", said Engelmann. "These issues will inspire all our areas of activity in future. Through comprehensive know-how in our three segments - e- business, CAD/CAM-Solutions and IT-Services - we shall be playing an increasingly important role in future. Investments in Internet technologies will be written large in the coming years." Growth stands in the foreground In the fiscal year 2000, the board of management reckons with sales of about Euro 112 million, and operating earnings of about Euro 8.4 million. Growth will continue to hold priority in the years thereafter. Our medium-term goal is an average growth rate of about 40 percent per year. CENIT AG Systemhaus will announce further details for fiscal 1999 at its financial press conference on March 28th in Stuttgart. If you have any queries please contact: CENIT AG Systemhaus Matthias Brock Public Relations Schulze-Delitzsch-Str. 50 D-70565 Stuttgart Phone (+49) 7 11 / 7 80 73-201 Fax (+49) 7 11 / 7 80 73-501 E-Mail m.brock@cenit.de End ----------------------------------------------------- Internet: http://www.newsaktuell.de Original-Content von: CENIT AG Systemhaus, übermittelt durch news aktuell

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