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DGAP-Ad hoc: ComTelco Intl. Inc. english - 500 Beiträge pro Seite

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DGAP-Ad hoc: ComTelco Intl. Inc. english

Negative 3rd quarter

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


Negative 3rd quarter

ComTelco International Inc. recorded a net loss in the group of US$ 3.2 million in the 3rd quarter. Sales were US$ 2.3 million, the EBIT/DA was negative at US$ 0.6 million.

For the first nine months of the current fiscal year (March 1, 2001 - February 28, 2002) the net loss came to US$ 3.1 million with corporate sales of US$ 9.2 million. The EBIT/DA of the nine-month result was still positive at US$ 0.1 million.

The reason for the worsening of the results was the negative trend in US business and the appreciable economic downturn. In addition, the corporation made further value adjustments. A substantial loss, which will primarily result from the restructuring of US business, is also expected for the ongoing 4th quarter.

ComTelco International Inc. Securities Identification Number (WKN): 913 272 Ticker: CED Reuters: CEDG.F Bloomberg: CED GR

For queries: Ulrich Beckmann, Executive Chairman

Tel.: +49 (2331) 922 46 199 Fax.: +49 (2331) 922 46 191 Email: investor@comtelco.com Internet: http://www.comtelco.com

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


WKN: 913272; ISIN: US2058361096; Index: Listed: Geregelter Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, München und Stuttgart

Autor: DGAP import (),08:00 28.01.2002

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