Funkwerk moves to front row of technology companies

Monday, 06. September 2004 09:00

Kölleda/Frankfurt, 6 September 2004. "We are delighted about the
inclusion of Funkwerk in the TecDAX and see this as a confirmation of
our success." Thus the comment of Dr. Hans Grundner, Chairman of the
Board of Funkwerk AG, on the decision of Deutsche Börse to list the
specialist in professional communication systems in the TecDAX
selection index. "This moves Funkwerk to the front row of German
technology and growth stocks," says Dr. Grundner.

On Friday evening, the Working Committee for Equity Indices decided
on the composition of the selection indices of Deutsche Börse AG.
Accordingly, as of 20 September 2004, Funkwerk AG feature in the
TecDAX, which covers the 30 leading technology companies of the Prime
Standard segment. As early as on 18 March 2002, Funkwerk had been
included in the NEMAX-50. Since the beginning of 2003, the share has
been quoted in the Prime Standard segment.

Sustained sales and earnings growth

Dr. Grundner saw the inclusion in the TecDAX also as a commendation
of the strategy of Funkwerk AG, which has focused on profitable
growth and a long-term increase in the corporate value since its IPO
in November 2000. Against the generally clear losses in the
technology and telecommunication sector, Funkwerk is said to have
reached all of its growth targets without delays.

In the nearly four years since its IPO, Funkwerk has managed to
multiply its sales by almost six through organic growth and a number
of acquisitions, while its operating result has risen by in excess of
60 per cent each year. Thus, the plans presented at the time of its
IPO have been far exceeded. Says Dr. Grundner: "This is the result of
the committed work of all our staff. Therefore, the inclusion in the
TecDAX is also a commendation for the superior quality of their
performance."

Further information on Funkwerk AG:
Funkwerk specialises in professional communication systems used in
vehicles, transport companies, businesses, and institutions.
Providing cutting-edge technological system solutions, we help our
customers rationalise their business processes, protect both their
staff and their operating functions, and create value added. With its
three business segments, Traffic & Control Communication
(communication, management, and information systems for transport and
logistics companies), Automotive Communication (communication
equipment for vehicles), and Enterprise Networking (personal
security, messaging systems, and innovative access solutions),
Funkwerk occupies a strategically excellent place in future markets.
In the first six months of 2004, Funkwerk generated sales totalling
125.4 million Euro, this corresponding to an increase of 62.2 per
cent as against the first half of the previous year (77.3 million
Euro). Even more rapid was the rise in earnings before interest and
taxes (EBIT), improving by 81 per cent to 12.5 million Euro (2003:
6.9 million Euro).
View document
For further information contact.

Funkwerk AG, Im Funkwerk 5, D-99625 Kölleda/Thuringia Germany, Katrin
Schwarz, Investor Relations, Phone: +49 (0) 36 35/6 00 -3 35, Fax:
+49 (0) 36 35/6 00 -3 99, schwarz@funkwerk.com

rw konzept GmbH, Ysenburgstraße 7, D-80634 Munich Germany, Sebastian
Brunner, Phone: +49 (0) 89/13 95 96 -33, Fax: +49 (0) 89/13 95 96
-34, Mobile: +49 (0) 1 75/5 60 46 73, brunner@rw-konzept.de

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WKN: 575314; ISIN: DE0005753149; Index: Prime All Share, CDAX, TECH All Share;
Listed: Prime Standard in Frankfurter Wertpapierbörse, Freiverkehr in Börse Stuttgart, Freiverkehr in Börse Berlin Bremen, Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr in Börse Düsseldorf, Freiverkehr in Bayerische Börse München, Freiverkehr in Niedersächsische Börse zu Hannover;
Related Links: Funkwerk AG
Author:
Hugin
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