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DGAP-Ad hoc: Brain International AG english

BRAIN International achieved year&acut;s target 2001

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement.


BRAIN International achieved year&acut;s target 2001

Breisach am Rhein, 28. January 2002 - BRAIN International achieved in 2001 preliminary revenue of 112,3 Mio. EUR (2000: 119 Mio. EUR). With this result the global software company nearly met their planned target of 112,5 Mio EUR. After the elimination of divested business activities, total revenue of 109,2 Mio. EUR is 2,7% higher than the previous year (106,3 Mio. EUR) and exceeded the adjusted plan of 108,5 Mio. EUR. On the adjusted basis, product revenues, which includes license and maintenance fees, was 49,9 Mio. EUR. This exceeded the previous year&acut;s result by 8% (2000: 46,2 Mio. EUR). 2001 License fees revenue alone was 25,3 Mio. EUR vs. 22,7 Mio. EUR in 2000, an 11% increase. In its continuing internationalization efforts, the company generated for the first time over 50% of the total license revenues from abroad. Considerable growth was realized in the non-German European and North American market segments. The preliminary earnings before interest and taxes (EBIT) is in the range of minus 5,1 Mio. EUR (2000: minus 40,8 Mio. EUR). The previously reported strengthening of the company&acut;s equity is an extraordinary item which is expected to lead to a significant improvement to the net income result, top executive management estimates. BRAIN International&acut;s management plans for fiscal year 2002 further sales growth as well as a positive operating result.

The Board

end of ad-hoc-announcement (c)DGAP 28.01.2002


WKN: 525 250; ISIN: DE0005252506; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, München , Stuttgart, Hannover

Autor: DGAP import (),07:54 28.01.2002

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