ots Ad hoc-Service: Mensch und Maschine <DE0006580806> Mensch und Maschine Software AG achieved record revenue in fourth quarter
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With group revenues of DM 69.0 Million (previous year 55.1 / +25%), Mensch und Maschine Software AG (M+M) reached a new record in Q4/99, based on the provisional analysis of financial data. This represents a leap of 74% in the last three months compared to third quarter 1999. After all vertical solutions for the new software platform AutoCAD 2000 finally became available, nearly all of the previously existing order backlog was worked off. For the whole year 1999, group revenue increased by approximately 21% to DM 199.6 Million (previous year 165.3). Accurate earnings prognosis is not available at this time. The board of management, however, is anticipating clearly positive earnings for fourth quarter. This would enable annual earnings to catch up a bit, while after nine months earnings had been nearly 50% under previous year. Audited results will be published on March 31, 2000, as scheduled.
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