- 22.12.2006, 08:35:37
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- OTE0002
euro adhoc: feratel media technologies AG / quarterly or semiannual financial statement / feratel matches previous year’s sales and results for the first two quarters (E)
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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
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22.12.2006
"In the first half of the current business year, consolidated sales at TEUR
5,898.3 again reached the level of the previous year (TEUR 5,956.6). The result
from ordinary activities in the first two quarters came to minus EUR 1 million
after minus EUR 1.1 million. The operating result (EBIT) was minus EUR 1.1
million after minus EUR 1.1 million in the previous year. Earnings before
interest, taxes, depreciation and amortization (EBITDA) came to minus TEUR 310.7
after minus TEUR 238.6 in the previous year," says Dr. Markus Schröcksnadel, CEO
at the listed feratel media technologies AG, with reference to the figures
released for the first two quarters of the year.
"It should be noted that the negative results for the first and second quarters
were foreseen. They derive from the fact that sales in the Telecommunications
Division are mainly generated in the second half of the financial year, while
overheads are distributed equally over the full twelve-month period. As in
previous years, a positive result is accordingly anticipated for the third and
fourth quarters of 2006/2007. In the 2005/2006 business year, the result from
ordinary activities of TEUR 686.4 was achieved from sales totaling EUR 16.7
million," Schröcksnadel continues.
Strong presence on foreign markets
In addition to numerous projects on feratel’s core markets in Austria, Germany
and Switzerland, four new cameras and six information kiosks were delivered to
Slovakia alone. In Hungary feratel has signed up Echo tv as a further
broadcasting partner in addition to duna II Autonomia and hir tv.
feratel was successful in the face of international competition in an EU-wide
tender process for delivery of a nationwide reservation system for the Slovenian
Ministry of Economic Affairs. In September the go-ahead was given for work to
begin on the system, which will be used to centralize management of the complete
tourism offering for the whole of the country so as to facilitate booking
procedures. In a first step, the tourism offering will be made available for
booking online via www.slovenia.info, and then a network will be created for the
individual local tourism organizations and a call center created. In the first
two years, the reservation system is expected to handle some 16,000 bookings.
For this year the Slovenian government is targeting sales of about EUR 1.6
million from 9.5 million bednights.
The North Sea Island of Ameland is an important new Deskline? customer in the
Netherlands. The Dutch market is not completely new territory for feratel. A
total of six weather cameras are already used to supply images from The Hague
and the coastal regions. On the other hand, the Ameland contract is significant
in that it gives the IRS Division a presence on the Dutch market, too. In
addition to the Deskline? destination management system, the Ameland contract
also covers a big visitor card project - the first of its type outside of
feratel’s traditional core markets. Two information kiosks will also be supplied
to the West Friesian island.
Outlook
In addition to concentrating on its core markets, feratel will continue to focus
on Eastern Europe. In the next few months orders can be expected to be placed in
Slovakia, the Czech Republic or Hungary. At the same time feratel is continuing
to work to increase its offering of weather cams with the addition of more
attractive summer destinations, for example in Spain.
Both the general economic data and the predictions for the tourism industry in
2007 look very promising. In the first eight months of the 2006 tourism year,
the World Tourism Organization reports 578 million arrivals. In the first nine
months of the year, tourism in feratel core markets Germany and Switzerland saw
very positive developments. For the period from January to October, Austria
reports a slight downturn in bednights but an increase in arrivals. Buoyant
growth in the online travel market is also a catalyst for the rapid
implementation of modern IT and e-commerce applications in tourism.
Working on the assumption that the positive business environment in feratel’s
core markets will continue, the company is upholding its assessment as
formulated in the first quarter already: for financial 2006/2007 feratel is
targeting further growth in sales and improved results.
1st two quarters of 2006/2007 in figures (pursuant to IFRS)
1st two quarters 2006/2007 1st two quarters 2005/2006
TEUR TEUR
Sales 5,898.3 5,956.6
Income from operations 6,185.1 6,253.5
EBITDA -310.7 -238.6
EBIT -1,109.6 -1,134.6
EBT -1,045.6 -1,070.5Further inquiry note:
Herr Fritsch Martin
end of announcement euro adhoc 22.12.2006 07:57:15
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emitter: feratel media technologies AG
Maria-Theresien-Straße 8
A-6020 Innsbruck
phone: +43(0)512 7280
FAX: +43(0)512 7280 80
mail: [email protected]
WWW: www.feratel.com
ISIN: AT0000737804
indexes: Standard Market Auction
stockmarkets: free trade: Börse Berlin-Bremen, Baden-Württembergische
Wertpapierbörse, Frankfurter Wertpapierbörse, Bayerische Börse,
official dealing: Wiener Börse AG
sector: Technology
language: English
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