realTech AG

ots Ad hoc-Service: realTech AG realTech announces preliminary 1999 annual results - Revenues and profit increase dramatically - Sales of software tripled

The sender is solely responsible for the contents of this announcement. ---------------------------------------------------------

    Frankfurt am Main/Walldorf (ots Ad hoc-Service) - realTech AG, Walldorf, specialist for technical SAP R/3 consulting, eCommerce and Enterprise Management software, announced preliminary (unaudited) results for the year ending December 31, 1999. The company reported consolidated group turnover of DM 56.7 million, up 68.4% from the total 1998 revenues of DM 33.7 million. With DM 3.6 million, sales of in-house developed software were almost 200% over the DM 1.2 million total sales figures for the previous year.

    With an increase to DM 7.76 million from DM 5.48 million, EBIT also clearly rose during this time period. EBITDA at the company, which listed on Frankfurt's Neuer Markt in April 1999, climbed from DM 6.30 million in 1998 to DM 10.00 million in 1999 - equivalent to an increase of 58.7%.

    For 2000, realTech expects a consolidated group turnover of DM 108.3 million. EBIT is expected to rise to DM 17.9 million in fiscal year ending December 31, 2000.

    The Company will report detailed results of operations for 1999 at a press conference in Walldorf on March 31, 2000.

End ----------------------------------------------------- Internet:

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

Weitere Meldungen: realTech AG

Das könnte Sie auch interessieren: