TTL Beteiligungs- und Grundbesitz-AG
*vwd Ad-hoc-Service: TTL Info. Technology AG english
Ad hoc announcement transmitted by DGAP.
The issuer has the sole responsibility of this announcement.
——————————————————————————–
In the year 2000, TTL Information Technology AG purposefully progressed its
ongoing growth. Consolidated turnover came to 108.7 million DM, 55 % up on the
preceding years figure of 70.0 million DM.
Both project business (the groups core operation) and the Trading Division
continued to perform well. In the project business segment, revenues were
increased by 27.5 %, from 51 million DM to 65 million DM, against the background
of heavy investment spending over recent years. In the Trading Division, sales
revenues, at 44 million DM, are 132 % above the preceding years level of 19
million DM, including the turnover from 1st Data Solution GmbH, acquired at the
beginning of 2000. In the group as a whole, earnings before interest, taxes and
amortization (EBITA) reached 7.0 million DM (preceding year: 12.1 million DM).
Substantial investment has been made here in infrastructure, particularly in
terms of human resources enhancement and skills upgrading at the particularly
productive operations.
The EBITA have been hit by goodwill amortization amounting to 4 million DM
(preceding year: 0 DM) relating to 1st Data Solution and the American affiliate
BDL-Laguna. The figure also reflects amortization of goodwill for C-Connection,
acquired in September, and for the management consultants Gerhard Kowoll EDV
Unternehmensberatung. The financial result of XXX5.8 million DM contains value
adjustments on financial assets amounting to 1 million DM. After taxes have been
taken into account, the net loss for the year comes to XXX3.4 million DM
(preceding year: + 4.5 million DM). Notwithstanding the net loss for the year,
reflecting as it does and one-off adverse factors mentioned above, the net worth
position is characterized by an increase in the high capital-to-assets ratio to
35 % (preceding year: 29 %). Funds on hand have increased to 53.4 million DM
(preceding year: 36.7 million DM), thus providing a secure foundation for the
further internal and external growth being targeted. For the ongoing business
year, TTL plans to increase its turnover by almost 40 % to 150 million DM, with
profits of 5.0 million DM before goodwill amortization and taxes.
You will find detailed information under www.ttl-ag.de in the Investor Relations
section and our annual report.
end of ad hoc announcement, (c) DGAP 26.03.2001
——————————————————————————–
WKN: 750100; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München
260811 Mär 01
Aktuelle News
Aktuelle Berichte
Keine Berichte gefunden
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden