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Ludwigsburg, 17 June 2002 - Jetter AG (Neuer Markt: JTT) could
increase its sales in the fourth quarter to 3.9 Mio. EUR (previous
quarter: 3.2 Mio. EUR). The initiated cost cutting measures showed
first results, with EBIT for the quarter at -1 Mio. EUR (3rd quarter:
-1.5 Mio. EUR) and significantly better than in the preceding
quarters. Nonetheless sales for the fiscal year (31 March) declined
by 40.8% to 14.1 Mio. EUR. EBIT for the year was -5.8 Mio. EUR
(previous year: +0.3 Mio. EUR). The consolidated loss amounted to
-6.3 Mio. EUR, or -2.69 EUR/share, after +16 KEUR (+0.01 EUR/share)
in the previous year.
These results are partly due to the economic framework. Jetter’s most
important markets, Asia and North America, and the most significant
customer segment, the suppliers of semiconductor manufacturers’,
suffered a crisis whose importance and duration exceeded all
The main focus of development during the fiscal year was the
completion of the JetWeb suite, which has been introduced to the
market beginning in March 2002. Cost cutting measures were therefore
limited to areas that could not compromise the development or market
introduction of these products. At the same time, Jetter used the
economic slump to develop, together with their customers, new
generations of JetWeb-based machines. Jetter is therefore perfectly
positioned for participation in the expected economic recovery.

Management will present the financial statements in detail during the
annual press conference on 27 June 2002 in Ludwigsburg.

For further information, please contact:
Jetter AG, Günter Eckert, Head of Administration and Finance
Tel.: +49 7141-2550-514 Fax.: +49 7141-2550-555
E-Mail: geckert@jetter.de

end of announcement euro adhoc 16.06.2002

Further inquiry note:
Günter Eckert

Branche: Semiconductors & active components
ISIN: DE0006264005
WKN: 626400
Index: CDAX Gesamtindex, CDAX Technology, Nemax All Share, Nemax Technology
Börsen: Deutsche Börse AG Frankfurt / Neuer Markt
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Hamburger Wertpapierbörse / free trade
Handelsüberwachung der Berliner Wertpapierbörse / free trade

Autor: news aktuell (© news aktuell),17:08 16.06.2002

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