DGAP-Adhoc: TDS Informationstechnologie AG: Business results/change in guidance

 | Source: EQS Group AG EQS Group AG 

TDS Informationstechnologie AG  / Key word(s): Change in Forecast

09.11.2010 18:25

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Neckarsulm, Germany, 9 November 2010 - Since the end of the first quarter
of the current fiscal year, a number of factors have had an unexpectedly
negative impact on business development at TDS Informationstechnologie AG
(TDS). In particular, the surprisingly difficult market situation in the
second quarter and the higher than expected start-up costs for the new data
centre have led to a fall in EBIT in the first half of fiscal 2010/2011
over the same period of the previous year, from 5,578 thousand euros to
1,340 thousand euros.

For the full fiscal year 2010/2011, the TDS Executive Board now expects
EBIT margin, previously forecast to be approximately 6 percent, to decline
further, and to fall just within positive territory. Moreover, sales
revenues for the fiscal year are expected to be slightly below previous
guidance of approx. 137 million euros.

More details, including further key performance indicators, will be
provided within the scope of the Group interim report for the first-half of
fiscal 2010/2011, to be published on 11 November 2010.


09.11.2010 DGAP's Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases. 
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Language:     English
Company:      TDS Informationstechnologie AG
              Konrad-Zuse-Straße 16
              74172 Neckarsulm
              Deutschland
Phone:        +49 (0)7132 3 66-1200
Fax:          +49 (0)7132 3 66-11 88
E-mail:       investor@tds.fujitsu.com
Internet:     www.tds.fujitsu.com
ISIN:         DE0005085609, DE0008164286
WKN:          508560, 816428
Listed:       Regulierter Markt in Frankfurt (General Standard);
              Freiverkehr in Hamburg, München, Düsseldorf, Berlin,
              Stuttgart
 
End of Announcement                             DGAP News-Service
 
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