Nexus AG
NEXUS: Sales and profit improved over last year’s levels…
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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NEXUS: Sales and profit improved over last year’s levels; international business
increased
Villingen-Schwenningen, May 27, 2004: Nexus AG, the medical software specialist,
was able to increase its sales revenue in the first quarter of 2004 by 6
percent, from KEUR 2,474 in the first quarter of 2003 to KEUR 2,628 this year.
At the same time pre-tax net income also improved by KEUR 107, from a loss of
KEUR 481 in the first quarter to only KEUR -374. Likewise the results after tax
improved over the same period a year earlier from a loss of KEUR 587 to only
KEUR -480.
Sales in the Healthcare Software Division amounted in the first quarter of 2004
to KEUR 1,377 (Q1/2003: KEUR 1,139), which means that we have achieved 21
percent growth. Sales in the Healthcare Service Division declined slightly in
the first quarter of 2004, by 6.3 percent, from KEUR 1,335 to KEUR 1,251, a
trend that was in line with expectations and resulted from the restructuring of
this field of business.
Both the cash flow and the EBITDA have improved. Whereas the cash flow from
operating activity in Q1/2003 was KEUR 589, it now proved possible to generate
KEUR 744. The EBITDA improved substantially from KEUR -20 (Q1/2003) to KEUR 193
in the comparable period in 2004.
The trend was also positive in the rate at which new orders came in during the
first quarter, particularly from outside Germany. The foreign share of sales in
the first quarter of 2004 rose from 16.5 to 22.9 percent. The new orders will
have their impact on sales revenue in the subsequent quarters.
Nexus AG possesses a healthy balance sheet. The equity capital rate is still
high and amounts to 89.9 percent.
For further information:Ms Angelika Lange-Nexus AG 78052 D-Villingen-
Schwenningen Tel.: +49 (0) 77 21/84 82 320 Fax: +49 (0) 77 21/84 82 888
angelika.lange@nexus-ag.de http://www.nexus-ag.de/
end of ad-hoc-announcement (c)DGAP 27.05.2004
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WKN: 522090; ISIN: DE0005220909; Index:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, München, Hannover und Stuttgart
270820 Mai 04
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