Ad-hoc-Message due to §15 WpHG (German Securities Trading Act).

Alphaform AG: With half year results 2008

Feldkirchen, 30 Jul 2008

We have been able to compensate our expected negative implications of the F1-business in our revenues. However, it was not able yet to compensate the corresponding margins completely.

  • At €5,495,000, revenues in the second quarter of 2008 are up 7.7% on the corresponding prior-year figure of €5,104,000. Revenues for the period from 1 January to 30 June improve by €391,000 or 5.1%, from €10,242,000 in 2007 to €10,769,000 in 2008.
  • The Group’s booked business amounts to €1.4 million as of 30 June 2008 (previous year: €1.7 million).
  • EBITDA decrease from €880,000 in the second quarter of 2007 to €503,000 in the second quarter of 2008. In the period from 1 January to 30 June EBITDA decrease from €1,550,000 in 2007 to €1,075,000 in 2008.
  • Consolidated net income after interest and taxes decline year-on-year by €254,000, from €529,000 in the second quarter of 2007 to €275,000 in the second quarter of 2008. For the period from 1 January to 30 June, consolidated net income after interest and taxes decline by €309,000, from €911,000 in 2007 to €602.000 in 2008.
  • Net cash from operating activities for the first six months of 2008 amounts to minus €665,000 – higher revenues at the end of the second quarter are leading to higher trade receivables with parallel reduction of trade liabilities – compared to a slight positive Cash Flow of €36,000 in the first six months of 2007.
  • The number of employees on the reporting date 30 June 2008 was 146 (previous year: 131 employees).

Starting with the 3rd quarter 2008 the business development of the last weeks has been confirmed. The scope of F1-business still does not meet our expectations. We are confident to compensate this impact by the established counter measures to a high degree.

The entire interim report on Q2 2008 will be published on 13 August 2008 and will be available on our website www.alphaform.de - rubric IR/Reports.

End of Ad hoc publication © DGAP 30 Jul 2008
 

Alphaform AG
Investor Relations
Tel.: 089-90 500 235
Fax: 089-90 500 219
e-Mail: ir@alphaform.de 

WKN: 548795; ISIN: DE0005487953;
Index: Listed on the Geregelter Markt of the Frankfurt Stock Exchange (Prime Standard); regulated unofficial trading in Berlin-Bremen, Düsseldorf, Hamburg, Hanover, Munich und Stuttgart

 
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