12 May 2009: Economic crisis slows Funkwerk in first quarter

The intensifying global economic crisis led to a slowdown of business at Prime Standard listed Funkwerk AG (ISIN DE0005753149) in the first quarter of 2009. At €64.6m, the total operating performance of the technology company specialising in professional information and communication technology in this period was down by 3.4% on the previous year (€66.9m), while revenues reduced by 8% to €56.7m (2008: €61.6m).

Adhoc-Release - 08 April 2009: Funkwerk closes fiscal 2008 with steady sales

Funkwerk AG (DE 0005753149) was able to close the 2008 financial year with a steady overall result and even managed to further consolidate its market lead in key areas. The unfavourable general economic setting notwithstanding, the specialist in professional communication and information systems listed in the Prime Standard reported total sales of €290.2m in 2008 (2007: €290.6m). The profitability – based on earnings before interest and taxes (EBIT) – reached €13.2m (2007: €14.4m) and thus exceeded the expectations by around 30%.

Adhoc-release - 19 February 2009: Funkwerk: Earnings and free cash flow for 2008 exceed expectations

Funkwerk AG (ISIN DE0005753149) ended the 2008 financial year with earnings (EBIT) and cash flow results above projections. According to the preliminary figures now available, the specialist in professional communication and information systems listed in the Prime Standard reports stable sales of some € 290m (2007: € 290.6m) for the preceding financial year, despite the adverse global economic conditions. At around € 13m (2007: € 14.4m), the operating result (EBIT) exceeded all expectations and includes special effects from acquisitions in the amount of some € 6m.