Elexis AG

ots Ad hoc-Service: elexis AG elexis AG resolutely pursues strategy

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    Frankfurt/Main (ots Ad hoc-Service) -      

    Nine-month report 2000: September upswing in earnings and orders / Product development and acquisitions burden quarter

    In September elexis enjoyed an upswing in both orders and operating results. Order volume rose from 368.4 million marks for the comparable period of the previous year by 5.0 percent to 386.9 million marks and pro forma by 11.8 percent to 412.0 million marks during the first three quarters of the fiscal year 2000, whereby the third quarter was the strongest.

    During the first nine months of the business year the elexis group saw its sales revenues rise slightly from 366.4 million marks for the comparable period of the previous year to 367.6 million marks. Sales rose significantly by 10.0 percent to 402.9 million marks following pro forma adjustments that take into account the acquisition of Hekuma in July. An increase in sales will follow the increase in orders.

    The pro forma EBIT for January through September 2000 came to 4.4 million marks (previous year: 12.6 million marks). The company thus achieved a balanced pro forma net income according to DFVA/SG (previous year 7.9 million mark). In addition to investments in sales, service and innovations, the integration of the acquisitions are also reflected in the result. Further expansion efforts and the integration of KMK burdened this quarter and are reflected in operating results. The investment in product developments are aimed at a market with an estimated accumulated volume of 1.6 billion marks through the 2003.

    elexis AG anticipates an improved EBIT of over 2.0 million marks for the fourth quarter. The group is thereby profiting from its greater focus on growth markets in advanced automation systems for manufacturing automation such as machine vision, robotics, sensors and regulators.

    Sales in the area of advanced automation systems improved significantly over the last three quarters as the result of acquisitions and product innovations. Revenues grew by 46.7 percent from 116.6 million marks to a pro forma 171.2 million marks for the first nine months of the year.

    For further Information:

    Walter Münnich  

    elexis AG Ulmenstraße 22 60325 Frankfurt am Main Tel.:+49 (0)69-17 00 21 -10 Fax: +49 (0)69-17 00 21 - 90

    Marcus Geigle Hiller, Wüst & Partner GmbH Agentur für Kommunikation GPRA Weißenburger Straße 30 63739 Aschaffenburg Tel.; +49 (0) 6021- 3 86 66 - 23 Fax: +49 (0) 6021- 3 86 66 - 30 E-Mail: m.geigle@hwp.de

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