Ad Hoc Disclosures 2003 of transtec AG

transtec Sells tec2b AG/Positive Result Before Tax Expected

Tuebingen, 24th of September 2003.
Effective 30.09.2003, the transtec AG has sold the tec2b AG in Stuttgart, Germany. DATAGROUP GmbH, located in Pliezhausen, will take over 100% of the tec2b shares. Both parties agreed to keep the sales price confidential. The transaction is subject to approval by the boards.
read more


transtec AG: Net loss improved by 39 % - Decline in sales due to weak demand in the IT sector

Tuebingen, 7th of August 2003.
In the first half of 2003, transtec AG realised a net loss of KEUR – 544 for the period. That means an improvement of 39 percent in comparison with the corresponding half of the previous year when the net loss amounted to KEUR - 895. Sales declined 30 percent to KEUR 40,542 in comparison with the first half of the previous year, due to weak demand on the IT markets.
read more


transtec AG seeks change to the General Standard
Sales below expectations - Result anticipated to be at last year's level

Tübingen, 25th of June 2003.
The management board of transtec AG has resolved to apply for admission to the General Standard of the German Stock Exchange. In its meeting this evening, the supervisory board approved the proposal made by the management board. transtec shares are to be listed in the General Standard at the earliest possible juncture.
read more


transtec takes over Dr. Koch Computertechnik AG

Tübingen, 3rd of June 2003.
After agreement with its works committee, the transtec AG will take over 100 % of the shares of Tuebingen‘s cluster specialist Dr. Koch Computertechnik AG retroactive to January 1st 2003.
read more


transtec AG has agreed the acquisition of Dr. Koch Computertechnik AG

Tübingen, 08. May 2003.
transtec AG has agreed the acquisition of 100% of the shares of the Tuebingen based cluster specialist with the board and owners of Dr. Koch Computertechnik AG. The takeover still requires the acceptance of the transtec supervisory board.
read more


transtec AG: Result Within Budget

Tübingen, 08. May 2003.
transtec AG has partially improved its operating result to EUR -0.12 million in the 1st quarter of 2003, a customary weak time throughout the industry. In the corresponding quarter of the previous year, the operating result amounted to EUR -0.28 million. The net loss for the period was EUR -0.28 million in comparison with EUR -0.38 million in Q1 2002. Sales in the reporting period amounted to EUR 21.42 million in comparison with EUR 28.86 million in the previous year.
read more


Annual report 2002 – preliminary numbers
Positive results for transtec AG in 4th quarter 2002 and for entire year

Tübingen, 26. February 2003.
transtec AG has reported, as already expected, a positive result of 0.8 million euros earnings before interest and tax (EBIT) for the 4th quarter in 2002 as compared to 0.6 million in 2001. The result of 0.6 million euros earnings before tax (EBT) is approximately 56% higher than in the same quarter of the previous year.
read more


back