COMPUTERLINKS AG
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COMPUTERLINKS AG

Stefan-George-Ring 23
81929 München

phone +49 (0) 89 930 99 0
Email: info@computerlinks.de

COMPUTERLINKS earnings forecast for 2007

Munich, 12.11.2007 -   The COMPUTERLINKS Group continues on its growth path after 9 months. Against this background the Management Board expects turnover of at least 465 million Euro for the whole year 2007. The EBITDA target stands at 19 million Euro. This will result in earnings per share of at least 1.60 Euro for the whole year 2007.

Group turnover increased by 17.6% to 313.4 million Euro in the first 9 months of the current financial year (same period last year: 266.5 million Euro). EBITDA rose in the first 3 quarters of 2007 from 9.5 million Euro in the same period last year to 11.0 million Euro (+ 15.9%). Net income for the period increased by 12,6 % to 6.2 million Euro in the first 9 months of 2007 (same period last year: 5.5 million Euro) and earnings per share rose from 0.82 Euro to 0.92 Euro (+ 12.5%).

Group turnover for the 3rd quarter of 2007 rose by 21.7% to 108.3 million Euro (3rd quarter of 2006: 88.9 million Euro). Gross margins stood at 14.1% in the 3rd quarter of 2007.  The sustained stabilisation of gross margins over the last 2 years at the level of 14% means that turnover and profitability have grown almost in tandem.  EBITDA  improved in the 3rd quarter of 2007 by 16.7% to 3.7 million Euro (3rd quarter of 2006: 3.2 million Euro).  Net income for the period for the 3rd quarter of 2007 was 2.1 million Euro compared to 1.8 million Euro in the 3rd quarter of 2006 (+ 15.4%).  This resulted in an increase in the earnings per share of 15.3% to 0.31 Euro (3rd quarter of 2006: 0.27 Euro).

The COMPUTERLINKS Group feels it is well positioned for business at the end of the year.  The strong 4th quarter as experienced in previous years should again make an enhanced contribution to the already positive trend this year.
 
Results at a glance (in million Euro)

1.1.-30.9.07     1.1.-30.9.06 Change in % *
Turnover 313.4 266.5 +17.6
EBITDA 11.0 9.5 +15.9
EBT 10.4 8.9 +16.9
Net income for the period 6.2     5.5 +12.6
Earnings per share in Euro 0.92 0.82 +12.5
3rd quarter of 2007 3rd quarter of 2006 Change in % *
Turnover 108.3     88.9 +21.7
EBITDA 3.7 3.2 +16.7
EBT 3.7 2.9 +25.4
Net income for the period 2.1 1.8 +15.4
Earnings per share in Euro 0.31    0.27 +15.3    

*The percentage changes are based on values which have not been rounded off
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