ots Ad hoc-Service: i:FAO AG Good Results for Q1

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

    Frankfurt (ots Ad hoc-Service) -      i:FAO: Very Good Numbers for
the First Quarter 2000

    Gross Profit increases by 88% . cytric customers increase by 378%, more than 70.000 users . Sales of TRIP.com-shares earns approx. 15 million EURO

    Frankfurt, April 27, 2000 - i:FAO Aktiengesellschaft makes first quarter 2000 results public. The leading producer of Internet systems for business travel management has increased Gross Sales to EURO 5.188 million in the first quarter 2000. This is an increase of 29% over the first quarter 1999.

    Other core figures have also improved substantially: The increased concentration on licensing agreements for the software produced decreasedcost of sales related expenses and resulted in a Gross Profit increase of 88% (compared to Q1 99) to EURO 1.378 million. cytric (previously IBE:TMS)is now in use at more than 215 customers by about 70,000 users.

    In total the positive figures confirm the strategy of the company to concentrate sales and development efforts on Travel Management Systems for the business- to-business market. Part of the money earned through the sales of the TRIP.com shares will be used very targeted to itensify marketing for the products of i:FAO Aktiengesellschaft.

    Key Figures Q1 2000 in EURO (Q1 1999 in EURO) Gross Sales 5.188 Mill. (4.002 Mill.) Gross Profit 1.378 Mill. (0.732 Mill.) EBIT -0.924 Mill. (-0.522 Mill.) EAT 14.281 Mill. (-0.961 Mill.) Earnings per Share 2.62 (-0.18) Customers cytric 215 (45)

    The complete quarterly report is available from April 27, 2000, 11.00 am local time on our website at http://www.ifao.net for download as a .pdf file.

    The Executive Management Board


    Louis Arnitz i:FAO Aktiengesellschaft Telephone +49 (69) 1530 5500 eMail arnitz@ifao.net

    Additional information, graphics and pictures in high resolution are available in the press area of the i:FAO website at http://www.ifao.net Please also visit our new IR page oder contact Alexandra Klemme, telephone +49 (175) 412-8938, eMail: klemme@ifao.net for further information.

    End of Message ----------------------------------------------------- Im Internet recherchierbar: http://recherche.newsaktuell.de

Original-Content von: i:FAO AG, übermittelt durch news aktuell

Weitere Meldungen: i:FAO AG

Das könnte Sie auch interessieren: