euro adhoc: feratel media technologies AG
quarterly or semiannual financial
statement
feratel reports a slight increase in sales with results on target in
the first half of 2005/2006
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
15.12.2005
"The positive developments reported for the first quarter also apply to the first half of the business year. Consolidated sales increased from 5.6 Mio. Euro in the first six months of 2004/2005 to 6 Mio. Euro," said Markus Schröcksnadel, CEO at feratel media technologies AG, at the presentation of the half-year results.
"In keeping with expectations, the result for the first half of the year is - as always - significantly weaker than in the second half of the year. This is because sales in the Telecommunications Division are always concentrated in the second half of the financial year, whereas overheads are distributed equally over the whole year. In addition, sales in the companys incoming activities, where the focus is currently on the winter tourism market, are also mainly posted in the third and fourth quarters. As in past years, we are therefore expecting a positive result in the third and fourth quarters," Schröcksnadel continued.
Consolidated EBIT was on target at minus 1.1 Mio. Euro after 1.1 Mio. Euro in the period-by-period comparison. Earnings before taxes in the half-year came to 1.1 Mio. Euro after 1.1 Mio. Euro the year before.
New developments in the field of webcams for the Internet feratel has released a new and attractive feature for Internet webcams, which makes it possible for cameras using ICAM technology not only to provide stills and streaming cams but also to generate a series of individual images for a website. The positions and timing of the individual images can be freely defined. During the period in which the camera is used for the TV transmission, the capture PC is automatically synchronized with the recording times of the feratel ICAM PC, and the panning system is deactivated during the TV recording for optimum TV transmissions.
First IRS projects in Slovakia und the Czech Republic In the new EU member countries, the last few months have also presented feratel with exciting opportunities in terms of products and tourism know-how. For example, the tourism offices in the Benecko and Jánské Lázne ski areas in the Czech Krkonose Mountains and the Donovaly Ski Area in Slovakia are now working with feratels Deskline® information and reservation system for online information and reservations and back-office functions.
New information terminals were installed in Saasbachwalden (D), Vilshofen (D), Weggis (CH) and Vitznau (CH), and at Salzburg Airport (A). Two information terminals were also supplied to Varna and Albena on the Black Sea.
Particularly healthy developments are reported in the incoming sector, which was launched two years ago. At present the focus is on selling leading Austrian regions on the Russian market.
Outlook The IPO in 2000 and a number of major acquisitions were followed by years of reorganization and consolidation including the sale of individual fields of business that were not part of feratels core activities. Since financial 2002/2003, there has been continuous progress in terms of results, and further improvements to results and a further increase in sales are the goals for financial 2005/2006.
As announced in the first quarter, feratel is working on the assumption that the business environment will remain positive in its core markets in the current business year. An additional positive stimulus for sales and results is expected from the companys new export markets and its incoming activities, which are now developing well.
The 1st half of financial 2005/2006 in figures (pursuant to IFRS) 1st half 2005/2006 1st half 2004/2005 TEUR TEUR Sales 5,956.6 5,589.6 Income from operations 6,253.5 6,045.9 EBITDA -238.6 -233.9 EBIT -1,134.6 -1,060.9 EBT -1,070.5 -1,053.4
end of announcement euro adhoc 16.12.2005 08:00:00
Further inquiry note:
Herr Fritsch Martin
Branche: Technology
ISIN: AT0000737804
WKN: 615165
Index: Standard Market Auction
Börsen: Berliner Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Frankfurter Wertpapierbörse / free trade
Bayerische Börse / free trade
Wiener Börse AG / official dealing
Original-Content von: feratel media technologies AG, übermittelt durch news aktuell