ots Ad hoc-Service: 4MBO Int. Electronic AG <DE0005487805>

Plochingen (ots Ad hoc-Service) - Ad hoc-announcement edited and sent by DGAP. The sender is solely responsible for the contents of this announcement.

4MBO International Electronic AG brings the financial year 2000 to a successful conclusion

  • Profit forecast exceeded: EBIT is DM 12.8 million
  • Group turnover increased by 94 percent up to DM 382.3 million.

4MBO International Electronic AG (SIN 548 780) brought the financial year 2000 to an end with the best results in the history of the company. The earnings before interest and taxes (EBIT) for 4MBO at 31st December 2000 are, according to provisional calculations, DM 12.8 million (Euro 6.5 million). In the previous year the EBIT was DM 0.2 million (Euro 0.1 million) - the actual increase amounts to DM 12.6 million (Euro 6.4 million).

According to the provisional calculations, the group turnover in the financial year 2000 will be DM 382.3 million (Euro 195.5 million). According to IAS, the jump in turnover from DM 185 million is the of an increase of 94 percent on the previous year (1999: DM 197 million or Euro 100.7 million).

The improvement in results is attributable to the significant increase in the gross trading profit, DM 17.5 million (Euro 8.9 million) in 1999 up to DM 48.5m (Euro 24.8 million). This is equal to an improvement in the gross trading profit margin from 8.9 up to 12.7 percent.

In the financial year 2000 the total operational expenditure increased disproportionately by 32.1 percent up to DM 21.1m (Euro 10.8m) - in the previous year: DM 15.9 million or Euro 8.1 million). The profits before tax and interest per employee went up from DM 2,240 to DM 68,518. In the year 2000 the group employed an average of 187 staff (previous year: 108).

The already high level of orders for the current financial year has made 4MBO confident that it will achieve its growth targets of DM 646.9 million (Euro 330.7 million) for turnover and DM 27 million (Euro 13.8 million) for EBIT. 4MBO will represent the final and detailed set of figures for the past financial year 2000 at its balance sheet conference in Stuttgart on the 23rd March 2001.

Contact:

4MBO International Electronic AG Pabrikstrasse 45 D-73207 Plochingen

Investor Relations: Public Relations:

Christopher Baur Eberhard Kaiser Phone: +49-(0)7153-663-245 Phone:
+49-(0)7153-663-416 Telefax: +49-(0)7153-663-278 Telefax:
+49-(0)7153-663-278 e-mail: ir@4mbo.de e-mail: presse@4mbo.de

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