12 August 2008: Funkwerk reports sales increase and earnings growth in the second quarter

With sales of 69.8 million Euro (2007: 69.7 million Euro) the operating profit (EBIT) rose to 1.1 million Euro (previous year: 1.5 million Euro). Over the first six months, this resulted in a sales increase of 3.8 per cent on 131.4 million Euro (2007: 126.6 million Euro), with EBIT of 1.2 million Euro (2007: 1.7 million Euro). “With the second half of the year traditionally being stronger, we expect an increase in revenue and a disproportionate increase in earnings and cash flows,” said Chairman of the Board Dr. Hans Grundner, in presenting the semiannual report. For the entire year, the specialist in professional communication systems expects an increase in sales to around 310 million Euro (2007: 291 million Euro).

28 July 2008: Algerian oil company opts for safety technology from Funkwerk

Heat, dust, significant temperature variations and the risk of explosions. These are the extreme conditions facing oil and gas producers in the desert to secure our energy supply. Hence, the security and protection of efficient plants are of ever increasing importance. Over the last few years, Funkwerk AG has made a name for itself in this field. As a result, the German technology group has now been awarded the third major contract from Algeria for the installation and commissioning of a security system for property protection.

26 July 2008: Funkwerk wins further major contract

Funkwerk AG has just been commissioned to provide the biggest Algerian oil and gas company with a turnkey security system for property protection. The relevant contract was signed today in Algier, generating a total of around 30 mill. Euro.