TDS Informationstechnologie AG / Key word(s): Change in Forecast
08.03.2011 12:55
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Neckarsulm, Germany, 8 March 2011 - In light of recent analyses and
forecasts prepared for annual financial statements, the Executive Board of
TDS Informationstechnologie AG has concluded that EBIT margin for the
fiscal year ending 31 March 2011 will fall more than previously assumed.
Recent guidance suggested a positive EBIT margin for the TDS Group;
however, this margin is now expected to be in negative territory.
Unexpectedly poor development of profitability in HR Services & Solutions
has had a significant adverse impact on earnings before income and tax
(EBIT). The Executive Board now estimates that EBIT will fall to at least
minus EUR3,000 thousand for the full fiscal year. Moreover, the TDS
Executive Board believes revenues for 2010/2011, previously forecast at
EUR135 million, will total around EUR132 million - therefore remaining
stable in comparison with the previous fiscal. Against this backround, the
Executive Board forecasts a slight increase in revenues and an EBIT margin
that is just within positive territory for fiscal 2011/2012.
08.03.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: TDS Informationstechnologie AG
Konrad-Zuse-StraÃe 16
74172 Neckarsulm
Deutschland
Phone: +49 (0)7132 3 66-1200
Fax: +49 (0)7132 3 66-11 88
E-mail: investor@tds.fujitsu.com
Internet: www.tds.fujitsu.com
ISIN: DE0005085609, DE0008164286
WKN: 508560, 816428
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of Announcement DGAP News-Service
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DGAP-Adhoc: TDS Informationstechnologie AG:
| Source: EQS Group AG