euro adhoc: Heiler Software AG / Quarterly or Semiannual Financial Statements / Heiler Software publishes figures for second quarter of 2002/03 (E)

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Stuttgart, May 14, 2003 - Heiler Software AG, one of the leading providers of electronic procurement solutions, is publishing its results for the second quarter per March 31, 2003, today.

Group sales in the second quarter of fiscal 2002/03 were 0.87 million Euro, at the level of the previous year. Earnings before interest and taxes (EBIT) improved from -1.32 million Euro to -0.99 million Euro. The cashflow was 0.21 million Euro, the first time it has been positive since the company went public in November 2000 (previous year: -0.67 million Euro).

In the first half of 2002/03, group sales increased to 3.07 million Euro from 2.10 million Euro in the previous year (+ 46%). The EBIT improved from -2.26 million Euro to -0.74 million Euro.

With shareholders’ equity of 24.6 million Euro or 2.24 Euro per share (equivalent to 94 % of total assets) and cash and cash equivalents of 20.8 million Euro, Heiler Software AG’s financial situation remains extremely solid.

You can find further information in the Internet at

Further inquiry note:
Constanze Hay
Tel.: +49 (0)711 13984150
Tel: +49 (0)711 13984150
FAX: +49 (0)711 13984510

Emittent: Heiler Software AG Mittlerer Pfad 5 DE-70499 Stuttgart Tel: +49 (0)711 13984150 FAX: +49 (0)711 13984510 Email: WWW: ISIN: DE0005429906 WKN: 542990 Indizes: Prime Standard Börsen: regulated dealing Frankfurter Wertpapierbörse; free trade

end of announcement euro adhoc

Niedersächsische Börse zu Hannover, Berliner Wertpapierbörse, Bayerische Börse, Hamburger Wertpapierbörse, Bremer Wertpapierbörse (BWB), Börse Düsseldorf, Baden-Württembergische Wertpapierbörse Branche: Software
Sprache: Englisch