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euromicron AG

ots Ad hoc-Service: euromicron AG <DE0005660005> euromicron AG: earnings up by more than 25%

Frankfurt am Main (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
euromicron AG, listed on Frankfurt Stock Exchange's Neuer Markt,
expects an increase in consolidated earnings of more than 25% for
fiscal 1999.
The Managing Board has also expressed satisfaction with the sales
figures. "We generated 34% of our total annual sales in the fourth
quarter. This enabled us to meet the forecasts we made at the
beginning of 1999, despite muted business in the first three
quarters," commented euromicron AG's Managing Board.
The main driver behind sales growth was the Fibre Optics &
Security Technology business unit, which recorded exceptional
year-on-year growth of 47%. The other two business units also
experienced above-average growth in the fourth quarter.
The company will publish US GAAP consolidated financial statements
for 1999 for the first time. In addition to 1999 results, prior-year
figures will also be restated to US GAAP.
euromicron AG intensified its strategy of focusing on high-tech
segments in the past year. Only a few months ago, two strategic
acquisitions greatly strengthened the company's position on the fibre
optics technology and energy management growth markets. This year,
the company also plans further acquisitions to steadily continue
developing these growth segments.
In 2000, the Managing Board anticipates positive sales and
earnings growth in the two high-tech segments crucial to the
company's development.
For further information, please contact
euromicron AG - Karl-Heinz Däumler - 
   Kennedyallee 97 a 
   60596 Frankfurt 
   Germany 
   Tel. +49(0)69-631583-0 
   Fax +49(0)69-631583-20 e-mail:
   info@euromicron.de 
   http://www.euromicron.de
Morgen Walke Scior - David Verbeek - 
   Stiftstr. 8 - 10 
   60313 Frankfurt am Main 
   Germany 
   Tel. +49(0)69-29902-722 
   Fax +49(0)69-29902-777 
   e-mail: d.verbeek@a-b.de
End of Message
Internet: http://www.newsaktuell.de

Original-Content von: euromicron AG, übermittelt durch news aktuell

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