Plenum AG

ots Ad hoc-Service: plenum AG plenum AG - record sales and high earnings in the first nine months of 2000

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    Wiesbaden (ots Ad hoc-Service) -      

    - Sales jump 90% to EUR 36.0 million     - Earnings exceed targets for entire year by 100%

    As the Architect of New Business, Wiesbaden-based plenum AG is implementing its growth strategy with new drive. With a jump in sales of 90% to EUR 36.0 million (previous year: EUR 19.0 million), the provider of innovative IT solutions for integrating traditional business with e-business almost reached its original target of EUR 36.8 million for the year as a whole in the first nine months of the current fiscal year.

    This strong growth is due to both the extremely encouraging development of business within the company and the recent acquisitions made to strengthen the plenum Systeme and plenum New Media growth units. As a result, plenum will substantially exceed its sales forecasts for fiscal year 2000, which were just raised in August to EUR 43.3 million .

    Despite plenum's investment strategy, which continued unabated in its growth units, and its high growth rate, the company's EBITDA of EUR 2.8 million (previous year: EUR 3.6 million) in the first nine months of 2000 was up 100% on the original targets of EUR 1.4 million for the year as a whole.


In millions        Original                Adjusted          Actual figures
of EUR                targets                 targets              for 9 months
                 Jan.1-Dec.31,2000 Jan.1-Dec.31,2000 Jan.1-Sept.30,2000

Sales                              36.8                      43.3                        36.0
EBITDA                              1.4                        3.2                         2.8

    The record sales generated in the first nine months and the high earnings will mean significant changes to medium-term planning. plenum AG will publish its new medium-term plan and full financial statements as of September 30, 2000 on November 23, 2000.

    Weitere Informationen/For further information: plenum AG Ilka Oevermann Investor Relations Tel: +49 (0) 611 9882-255 Fax: +49 (0) 611 9882-177 E-mail:

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