IDS Scheer AG / Quarter Results/Forecast 22.04.2008 Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- IDS Scheer reports preliminary figures on first quarter of 2008 Saarbruecken, April 22, 2008 According to preliminary calculations, IDS Scheer AG will report total sales for the first quarter of 2008 of around 94.3 million (Q1 2007: 96.0 million). Adjusted for currency translation effects, sales will reach the previous year's level. The EBITA margin (earnings before interest, taxes and amortization of intangible assets) will be approximately 4.4% (Q1 2007: 10.8%). On the basis of the preliminary quarterly figures, the Executive Board has recognized the need to adjust its forecast for the year and introduce a package of comprehensive measures. The Executive Board is now forecasting that the company will generate total sales of at least 400 million at constant currency rates in fiscal year 2008. For operating profit, an EBITA margin of between 8% and 9% is now forecast for the full year (previous forecast for 2008 at constant currency rates: sales growth of at least 6% year-on-year and an EBITA margin of at least 10%). For the coming years, IDS Scheer is anticipating steady rises in margins. In order to achieve its goal of increasing profitability in the long term and further expand the leading global market position in business process management, the Executive Board has resolved far-reaching measures. The key points cover the international organization, sales and marketing organization, cost structures and product innovations focusing on the serviceability of ARIS in operating business. At the same time, the company will be investing in improving its controlling instruments. The restructuring expenses in the current fiscal year will be in the region of 2 to 4 million and have been taken into account in the above forecast. As of March 31, 2008, IDS Scheer has increased the consulting order backlog, particularly in Germany, by 33% as against the end of 2007 to 107 million. This is due to the new value added strategy of 'Improve Business Performance' that was launched at the beginning of the year. This positive trend combined with focused product development and the measures that have been resolved give the Executive Board cause for confidence that the second quarter will show significant improvements against the first quarter and that the year-on-year sales and earnings increases will be seen particularly in the second half of the year, as announced before. The final figures for the first quarter of 2008 will be published in the form of the full interim report on May 8, 2008. Note to journalists and analysts: The following conference calls will be held on Wednesday, April 23, 2008, to allow the CEO and President, Thomas Volk, and the CFO, Jörg Vandreier, to comment on these figures: 10:00 am (CET): Press conference call (in German) 11:00 am (CET): Conference call for analysts and investors (in English) The access numbers for the conferences are available on Tel. +49 (0) 681-210-1050 or -3201. DGAP 22.04.2008 --------------------------------------------------------------------------- Language: English Issuer: IDS Scheer AG Altenkesseler Straße 17 66115 Saarbrücken Deutschland Phone: +49 (0)681 210-1050 Fax: +49 (0)681 210-1231 E-mail: invest@ids-scheer.com Internet: www.ids-scheer.com ISIN: DE0006257009 WKN: 625700 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Hannover, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: IDS Scheer AG: Preliminary figures on first quarter of 2008
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