Ad Hoc Disclosures 2004 of transtec AG
transtec AG revises guidance for 2004 - cost-reduction measures to be implemented
Tübingen, Germany, 22 June 2004
At a meeting that took place today, the management board of transtec AG have announced that they have revised their profit guidance for the current year. It is now anticipated that there will be stable turnover in core business activities measured against last year's results (that is, without taking into account the sale of tec2b AG on 30/9/2003) and that there will be a pre-tax loss. The management has approved considerable cost-reduction measures.
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Tübingen, Germany, 22 June 2004
At a meeting that took place today, the management board of transtec AG have announced that they have revised their profit guidance for the current year. It is now anticipated that there will be stable turnover in core business activities measured against last year's results (that is, without taking into account the sale of tec2b AG on 30/9/2003) and that there will be a pre-tax loss. The management has approved considerable cost-reduction measures.
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transtec AG takes a 44% stake in storage developer Lapistor
Tuebingen, Germany, 24 May 2004
transtec AG, Tuebingen, Germany, has taken a 44% equity stake in the newly founded company of Lapistor Ltd., Leeds/Great Britain. The further shareholders are managers and staff of Lapistor, particularly the company’s CEO, Tony Howard, and the financial investor E. Uysal.
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Tuebingen, Germany, 24 May 2004
transtec AG, Tuebingen, Germany, has taken a 44% equity stake in the newly founded company of Lapistor Ltd., Leeds/Great Britain. The further shareholders are managers and staff of Lapistor, particularly the company’s CEO, Tony Howard, and the financial investor E. Uysal.
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transtec AG acquires Triplestor GmbH
Tuebingen, 16 April 2004
Subject to the implementation of the final contractual details, transtec AG in Tuebingen, Germany, is in the process of acquiring Triplestor GmbH in Filderstadt. The two companies have concluded an agreement not to disclose the purchase price.
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Tuebingen, 16 April 2004
Subject to the implementation of the final contractual details, transtec AG in Tuebingen, Germany, is in the process of acquiring Triplestor GmbH in Filderstadt. The two companies have concluded an agreement not to disclose the purchase price.
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Axel Queck to Become New Chief Financial Officer at transtec
Tuebingen, 25 March 2004
In the 3rd quarter of 2004, Axel Queck will become the new Chief Financial Officer at the transtec AG. The transtec Supervisory Board has already agreed to the change in the Board of Management. Queck currently holds the position of Managing Director of Interflex GmbH & Co. KG, located in Stuttgart, Germany. Like his predecessor on the transtec Board of Management, Queck has extensive experience in finance and controlling, as well as proven know-how in the IT industry.
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Tuebingen, 25 March 2004
In the 3rd quarter of 2004, Axel Queck will become the new Chief Financial Officer at the transtec AG. The transtec Supervisory Board has already agreed to the change in the Board of Management. Queck currently holds the position of Managing Director of Interflex GmbH & Co. KG, located in Stuttgart, Germany. Like his predecessor on the transtec Board of Management, Queck has extensive experience in finance and controlling, as well as proven know-how in the IT industry.
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Annual Report 2003 – Preliminary Figures
Positive result before taxes for transtec AG for the entire year
Tuebingen, 26 February 2004
transtec AG has reported a positive result of 0.2 million euros earnings before tax (EBT) for business year 2003 as compared to -0.4 million euros in the previous year.
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Positive result before taxes for transtec AG for the entire year
Tuebingen, 26 February 2004
transtec AG has reported a positive result of 0.2 million euros earnings before tax (EBT) for business year 2003 as compared to -0.4 million euros in the previous year.
read more