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Düsseldorf (ots Ad hoc-Service) -
The Drillisch group achieved sales of DM 84.2 million in the first
three months of 2000, and results from ordinary business activities
of DM 11.1 million. After adjusting for write-downs of DM 1.0 million
on goodwill (primarily relating to the Alphatel Group) the results
from ordinary business activities came to DM 12.1 million. EBITDA
increased from DM 5.1 million to DM 15.0 million.
In the area of mobile telephony the Drillisch group posted its
strongest sales performance in the company's history, with 49,000
subscribers. As of March 31, 2000 the total subscriber roster had
grown to 315,000. This can be attributed primarily to the group's
positioning in the field of pre-paid service. In this segment the
wholly-owned subsidiary Alphatel GmbH is the second-largest supplier
of service providers in Germany.
Sales in mobile radio communications (not including wholesale
trade in end-user terminal equipment) grew by 38.7 percent in the
first three months of 2000, to DM 59.5 million. The increase can be
attributed to growth, and thus to the large subscriber base. In the
wholesale end- user terminal equipment business sates increased from
DM 8.6 million to DM 13.2 million. This sharp rise is related to the
general growth in the market.
Sales in the fixed network segment were DM 8.4 million. In the
comparable period of the previous year sales were still at the level
of DM 0.2 million. The increase can be attributed primarily to the
inception of open call-by-call service on July 1, 1999.
Sales in the "Internet/ IT segment" declined from DM 4.2 million
to DM 3.1 million. The primary reason for the decrease is the decline
in revenues from fax machine rentals. Price reductions in the
end-user terminal segment were offset by sales volumes, however. The
decline in this area of business can also be traced to the cessation
of sales of computer products (PC hardware and accessories), which
were insignificant for the group as a whole.
The Other operating income consists primarily of the proceeds from
the sale of the interest in Netztel Plus Drillisch AG. Also included
here are contributions to advertising costs from the network
The developments in the telephone market show that the field of
mobile telephony continue to be characterized by strong growth rates.
This growth is achieved primarily through growth in the area of
pre-paid cards. The Drillisch group has positioned itself
exceptionally well in this market segment through its wholly-owned
subsidiary Alphatel GmbH, as the second-strongest supplier for
service providers after Debitel. Securing of this position also
requires solid customer loyalty and stable distribution channels,
which have been established in the past fiscal year (shop chain).
Since it can be assumed that margins in the fixed network area
will continue to be suppressed by the persistent decline in prices,
Drillisch AG intends to involve a national or international supplier
in the fixed network segment. Even the possibility of disposal of
100% of the business area should not be ruled out.
An important focus of future investments will be in building the
Internet segment. With the acquisition of the search engine service
Acoon, according to an analysis by the Internet technical journal
Tomorrow, Drillisch has the best search engine. Since January of 2000
the number of page impressions in the first quarter nearly doubled,
to around 1 million. Furthermore, in March the majority interest in
the Finnish WAP company Open-Net Oy was acquired. Accordingly,
Drillisch is the first mobile radio communications service provider
to position itself consistently in the direction of mobile content
and solutions. Drillisch will not join in the bidding for one of the
UMTS licenses in Germany, but will create mobile content platforms
through its own products, so that there will be great interest on the
part of the UMTS network operators in cooperating with Drillisch.
Further information Drillisch AG, investor relations Charlotte C.
Heidrich Horbeller Straße 31, D-50858 Cologne tel.: ++49/2234/9204-0,
fax: -158 e-mail: email@example.com
Original-Content von: Drillisch AG, übermittelt durch news aktuell