Ad hoc Announcements

2001-11-21

BOV AG achieves its Q3 sales target and successfully continues its favorable earnigns trend

BOV expects Q4 sales to develop on a stable level / Turnaround expected in 2002

BOV AG booked total output of Euro 6.9 million in Q3 and sales were therefore in line with expectations and concur with recent forecasts by analysts. Despite tough market conditions, in the first nine months, BOV AG has recorded total sales of Euro 22.4 million, a figure 25.1 percent up on the year-before period.

2001-09-11

BOV AG resolves an exclusive technology alliance with IdentCo. AG

Strong demand from IdentCo. Clients for BOV's Web-based B2B platform leads to advances in technology for IdentCo.; BOV acquires a five percent stake in IdentCo.

The Web-based B2B platform BOV has developed for the first German Internet provider of car parts and auto accessories has been so well received by workshops that both the transactions handled through this trading platform and the sales figures of IdentCo. have multiplied considerably in a very short space of time.

2001-08-22

BOV resolves capital increase against contributions in kind in the framework of the takeover contract for Glance

In the framework of the takeover contract concluded with the Glance Group in Zurich, BOV, the Essen-based provider of e-services, has agreed a capital increase against cash contributions by resorting to the authorized capital.

2001-07-30

BOV achieves its first-half sales target

Initiation of cost-cutting measures strengthens future earnings power / One-time factors impact on BOV's preliminary figures in Q2

Despite increasingly difficult market conditions, in first-half 2001 BOV met its target, booking sales of Euro 15.3 million. In this context, although BOV topped its Q1 sales expectations, sales growth slowed appreciably in Q2.

2001-05-22

Sales and earnings in 1st quarter higher than expected

Temporary slow-down in growth expected in 2nd and 3rd quarters

BOV has entered the new financial year 2001 with success. In the first three months of this year, the company, which specialises in e-services, has exceeded expectations both for sales and for earnings. Group sales to the sum of EUR 7.8 million increased by 56 % in comparison with the same period last year (EUR 5.0 million).