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euromicron AG

ots Ad hoc-Service: euromicron AG <DE0005660005> english

Frankfurt (ots Ad hoc-Service) -

Ad hoc-announcement edited and sent by DGAP. The sender is solely
responsible for the contents of this announcement.
The euromicron Groups sales
increased by 16.6% year-on-year from EUR 144.7 million to EUR 168.7
million. euromicron AGs financial statements show an increase in
investment income of almost 10% from EUR 14.7 million in the previous
year to EUR 16.1 million in the year under review. The operating
strength of the euromicron Group continues to be reflected in its
cash flow from operating activities, which more than quadrupled from
EUR 6.9 million to EUR 29.2 million despite the special effects in
2000, leading to cash and cash equivalents amounting to EUR 16.5
million.
As announced at the time of publication of the financial
statements for Q3, this outstanding operating growth was utilized in
full for adjustments to the Groups structure, reorganization and
restructuring measures and in particular for the companys new
strategy. In addition, further writedowns were made, meaning that
euromicron recorded a net loss for the period of EUR 5.1 million
(previous year: net income for the period of EUR 6.6 million).
Excluding these one-off special effects, euromicron recorded a
consolidated operating result before income taxes of EUR 14.9 million
in 2000, compared with EUR 12.5 million the previous year.
The restructuring of the Group and the recognition of this in the
balance sheet for 2000 have paved the way for the speedy and
professional implementation of euromicrons new growth strategy, which
focuses on the fiber optics market. The positive development of
sales, earnings and incoming orders in the first two months of 2001,
combined with the advanced stage of the Groups reorientation
(acquisition of MultimediaMontage GmbH), all point towards a
successful fiscal year 2001.
euromicron AGs financials press conference will be held on March
30, 2001 in Frankfurt / Main.
Issuer's information/explanation remarks concerning this ad hoc
announcement:
For further information, please contact: euromicron AG Dr.
Willibald Späth Chairman of the Managing Board Simone Blank Investor
/ Public Relations Kennedyallee 97 a 60596 Frankfurt Germany
Tel: +49 (0)69 / 631583-15 Fax: +49 (0)69 / 631583-20 E-Mail: 
blank@euromicron.de http://www.euromicron.de
WKN: 566000; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr
in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und
Stuttgart
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