Foris – positive Entwicklung? - 500 Beiträge pro Seite

[Mr_Stop_Loss]

Hey,

Foris – positive Entwicklung

Die Foris AG [ Kurs / Chart ] hat am Freitag ihre Halbjahresbilanz
veröffentlicht. Demnach stieg der Umsatz im Berichtszeitraum im
Vergleich zum ersten Halbjahr 1999 um 4.700 Prozent auf 14,5
Millionen Mark. Größter Umsatzträger ist dabei die Veräußerung von
Vorratsgesellschaften: Alleine im zweiten Quartal erzielte das
Unternehmen in diesem Bereich Erlöse von 8,5 Millionen Mark - 60
Prozent mehr als im ersten Quartal 2000.

Wegen des starken Wachstums weist Foris einen Fehlbetrag von 2,5
Millionen Mark aus. Der Vorstand rechnet mit einer positiven
Ertragsentwicklung im zweiten Halbjahr und erwartet daher weiterhin ein
positives Jahresergebnis.

Das aktuelle Optionsvolumen liegt den Angaben zufolge bei 85,5
Millionen Mark. Dieser Betrag ergebe sich, wenn alle finanzierten
Verfahren gewonnen würden. Nach der Senkung der
Erfolgsbeteiligungsquote sei mit einem weiteren Anstieg im dritten und
vor allem vierten Quartal zu rechnen.

Des weiteren gab Foris bekannt, dass sich der Vorstand freiwillig
verpflichtet hat, seine im Juli auslaufende Lock-Up-Verpflichtung um
sechs Monate zu verlängern.


© 14.07.2000 www.stock-world.de

[drageh]

Hier noch ergänzend, leider nur in englisch:


ots Ad hoc-Service: FORIS AG <DE0005775803> FORIS Continues on Expansion Course

[14.07.2000 - 11:45 Uhr]


The sender is solely responsible for the contents of this
announcement.
-----------------------------------------------------

Berlin, Bonn, Munich, New York (ots Ad hoc-Service) - FORIS AG,
market leader of litigation financing in Germany, is presenting its
semi-annual financial statements today and can look back on positive
development in the first half of 2000.

1. The demand for litigation financing increased by 20% in the
second quarter over the first. This positive development demonstrates
that FORIS` market position has further solidified, promising further
growth.

2. As the first provider on the market, FORIS` reduction of the
contingent percentage is leading to further reinforcement of the
positive demand trend. FORIS is thus aiming at litigation with high
amounts in controversy, at litigation with higher probabilities of
success, and above all at commercial clients opting for litigation
financing not due to financial problems but as a result of balanced
risk management.

3. The current option volume of DM 85.5 million represents the
amount FORIS would earn if all cases financed were won. The company
anticipates a further increase in the third and particularly the
fourth quarters, as the new contingent percentage will take effect
with the corresponding delay conditioned by the conclusion of
agreements.

4. Alone with the sale of shelf companies (i.e., limited liability
companies and joint stock corporations), FORIS has earned turnover in
the second quarter of DM 8.5 million, which represents a 60% increase
over the previous quarter. Gross rofit from this business segment
amounted to over DM 1 million in the first half. This business is to
be further heavily expanded.

5. The company`s total turnover amounted to DM 14.5 million in the
first half. The concrete increase registered 74% in the second
quarter over the first and 4700% over the first half of 1999. Due to
growth the net loss amounts to DM 2.5 million. Based on the trend in
earnings to be expected in the second half of the year the Management
Board confirms its prognosis of a positive net annual profit.

6. FORIS is consistently pursuing the goal of becoming the central
Internet portal for the legal market. All lawyers meanwhile have the
opportunity to register online in the FORIS Lawyers Directory at no
charge. Clients can thus inform themselves at any time on the Net.
Further services such as the FORIS Academy and FORIS Translation
Service are available for attorneys. Further agreements are about to
be signed to expand the service range. The company will be reporting
about these soon.

7. Based on the Management Board`s well-founded confidence in the
future corporate and share price development, the Board has
voluntarily agreed to extend the lockup obligation expiring in July
by a further 6 months.