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caatoosee ag i.L.

euro adhoc: caatoosee ag
Quarterly or Semiannual Financial Statements
Sales up 181 percent in first nine months
Restructuring program showing effects caatoosee ag Increases Sales and Reduces Operating Loss for the Quarter (E)

Disclosure announcement transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
The information logistics company caatoosee ag increased its sales in
the third quarter of fiscal year 2001/2002 (October to December) and
significantly reduced its operating loss for the quarter. Quarterly
sales rose 42 percent since the prior quarter and reached 14.9
million euro. For the first nine months, sales grew 181 percent since
the same period in the previous year to a total of 37.5 million euro.
Earnings before interest, taxes, depreciation, and amortization
(EBITDA) and before special expenses amounted to minus 0.8 million
euro. The third quarter earnings per share amounted to minus 0.37
euro. For the nine-month period, the earnings per share amounted to
minus 1.47 euro.
EBITDA before special expenses was minus 7.9 million euro in the
first nine months (prior year period: minus 1.8 million euro). For
the first nine months of the year, EBIT before exceptional charges
amounted to minus 17.9 million euro after depreciation and
amortization of 10.0 million euro (including 8.0 million euro for
goodwill amortization). Exceptional charges related to the reversal
of an acquisition and the sale of equity investments in the amount of
3.3 million euro resulted in an EBIT of minus 21.2 million euro.
General and administrative expenses came to 2.4 million euro in the
third quarter, representing 16% of sales, as compared to 25% in the
comparable quarter of the prior year.
Shareholders’ equity as of 12/31/2001 was 80.2 million euro. With an
equity ratio of 73%, the Group continues to enjoy a strong capital
base. Liquid assets and short-term investments were still at a high
level at 25.3 million euro.
The Management Board
end of announcement        euro adhoc 28.02.2002

Further inquiry note:

Stefan Ahrens
caatoosee ag
T.: +49-(0)7152 / 355-6000
F.: +49-(0)7152 / 355-6650
stefan.ahrens@caatoosee.com

Branche: Software
ISIN: DE0006178353
WKN: 617835
Börsen: Börse Düsseldorf, Handelsüberwachung der Berliner
Wertpapierbörse, Baden-Württembergische Wertpapierbörse,
Bayerische Börse, Bremer Wertpapierbörse (BWB), Frankfurter
Wertpapierbörse, Hamburger Wertpapierbörse, Niedersächsische
Börse zu Hannover

Original content of: caatoosee ag i.L., transmitted by news aktuell

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