euro adhoc: P&I Personal & Informatik AG / Annual Reports / P&I earnings grow impressively (E)

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P&I earnings grow impressively
Earnings in FY 2002/3 improved by 66 per cent

With impressive earnings the Wiesbaden-based software specialist P&I Personal & Informatik Group ended the 2002/2003 financial year. Earnings before interest and taxes (EBIT) in its ordinary business activities result on March 31 of EUR 3.2 million and is 66 per cent up on the EUR 1.9 million earned in the previous year. Earnings per share is now EUR 0.16 (previous year: EUR 0.12).

Group sales of the specialist for personnel management solutions rose by four per cent to a present EUR 38.1 million (previous year: EUR 36.7 million). The number of salaried employees has fallen on an average of 236 (previous year: 241 employees). The EBIT margin has improved to 5.3 per cent (previous year: 3.9 per cent). Sales per employee rose by six per cent and earnings per employee doubled. In the current financial year P&I plans to grow in its results.

Further inquiry note:
Herr Andreas Granderath
Tel: +49(0)611 7147 267
FAX: +49(0)611 7147 367
Email: aktie@pi-ag.com

Emittent: P&I Personal & Informatik AG Kreuzberger Ring 56 DE-65205 Wiesbaden Tel: +49(0)611 7147 267 FAX: +49(0)611 7147 367 Email: aktie@pi-ag.com WWW: www.pi-ag.com ISIN: DE0006913403 WKN: 691340 Indizes: Prime Standard Börsen: regulated dealing Frankfurter Wertpapierbörse; free trade

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Niedersächsische Börse zu Hannover, Berliner Wertpapierbörse, Hamburger Wertpapierbörse, Börse Düsseldorf, Baden-Württembergische Wertpapierbörse
Branche: Software
Sprache: Englisch

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