Ad hoc Announcements

Announcements according to §15 WpHG


Swiss company IGS increases by EUR 7.6 million the order volume for the major project being implemented by BOV

Following on from the successful conclusion of the overall concept phase, the Swiss company Informatikgesellschaft für Sozialversicherungen GmbH (IGS) has extended the volume of the general contractor contract signed with the BOV Group at the end of 2001 by EUR 7.6 million.



Downward revaluation of asstes and provision for risks for further consolidation measures leave their mark on BOV AGs results for 2002

Balanced EBITDA planned for 2003

At their end of period press conference on March 20, 2003, BOV AG is disclosing the audited figures for the 2002 financial year. As a consequence of the reduced budgets for IT investment available to our customers and the departure from the consolidation of two participating interests as of June 30, 2002, total operating performance fell by EUR 5.8 million to EUR 23.3 million.



BOV AG closes 4th quarter 2002 with a total operating performance of EUR 5.6 million

Amortisation of goodwill and provisions for risks for further restructuring measures as extraordinary expenditure are expected to have their additional effect on earnings for the fourth quarter of 2002 before interest and taxation in the order of magnitude of some EUR 9 million.



BOV AG applies for inclusion in the Prime Standard

The Supervisory Board from BOV AG, located in Essen, Germany, has unanimously decided to apply to the Deutsche Börse AG for the inclusion of BOV shares in the Prime Standard and terminate their membership in the Neuer Markt.



BOV improves results in Q3 by EURO 0.5 million

Stable trend in revenues despite adverse market situation

In the third quarter of 2002, the BOV Group has recorded a total operating performance of EURO 5.8 million with acumulative operating performance for the first nine months of the 2002 financial year of EURO 18.4 million. This means that the overall performance for the third quarter, still characterised in the months of July and August by the lower seasonal capacity utilisation, was at the same level on average as in the two previous quarters.



Please contact us. We will be pleased to help you.   Contact form