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PRESS RELEASE: HUGIN AD-HOC/PC-WARE Information Technologies AG:Ad hoc: PC-WARE Q1 2010/11: Clear gains in business results ove

28.07.2010 -

PRESS RELEASE: HUGIN AD-HOC/PC-WARE Information Technologies AG:Ad hoc: PC-WARE Q1 2010/11: Clear gains in business results over previous year / German Microsoft business delivers most successful result in the history of PC-WARE as a company

PC-WARE Information Technologies AG / / Ad hoc: PC-WARE Q1 2010/11: Clear gains in business results over previous year / German Microsoft business delivers most successful result in the history of PC-WARE as a company processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement.

- Business Volume: EUR 379.9 million (+12.9% y.o.y.)
- Revenue: Eur 226.5 million (+4.7% y.o.y.)
- Gross profit: Eur 37.9 million (+25.7% y.o.y.)
- EBITDA: Eur 4.4 million (Eur +9.1 million y.o.y.)
- EBIT: EUR 3.1 million (EUR +10.4 million y.o.y.)
Leipzig, 28 July 2010 - In the course of the first quarter of the 2010/11 fiscal
year, PC-WARE has succeeded in achieving a considerable increase in its business
results over the previous year. This successful development is attributable to
both organic and inorganic growth within the Group. The restructuring measures
implemented in the last fiscal year are making a noticeably positive
contribution.

In the first quarter of 2010/11, PC-WARE expanded upon its position as the
highest-selling Microsoft Large Account Reseller on the German market. During
software producer Microsoft's last fiscal year, which ended on 30 June 2010,
PC-WARE recorded gains of 5% over the previous year in business volume in the
volume license business, which forms the core business, despite the difficult
overall economic circumstances. This means that PC-WARE has now posted the most
successful result in the company's history in the German Microsoft business.

The overall revenue of the PC-WARE Group rose by 4.7%, to EUR 226.5 million,
over the same quarter of the previous year. This positive development is also
reflected in the gross profit, which rose to EUR 37.9 million in the first
quarter, for a gain of 25.7%, a greater percentage increase than was recorded in
revenue. This growth is attributable to the increase in revenue in the
higher-margin field of data centers. The gross profit margin rose from 13.9% to
16.7%. During the first quarter, EBITDA rose by EUR 9.1 million from the same
quarter of the previous year, to EUR 4.2 million. The figure is now above the
mark announced at the opening of the fiscal year.

The interim report for the first quarter of the 2010/11 fiscal year will be
published on 30 July 2010 in the Electronic Bundesanzeiger and on the company's
website at www.ir.pc-ware.de.

Contact:

PC-Ware Information Technologies AG
Investor Relations
Blochstraße 1
D-04329 Leipzig
Tel. +49 (0)341 25 68-000
ir@pc-ware.de

[HUG#1434362]

--- End of Message ---

PC-WARE Information Technologies AG
Blochstr. 1 Leipzig Germany

WKN: 691090;ISIN: DE0006910904;Index:CDAX;
Listed: Freiverkehr in Börse Stuttgart,
Freiverkehr in Börse Berlin,
Freiverkehr in Börse Düsseldorf,
Freiverkehr in Bayerische Börse München,
General Standard in Frankfurter Wertpapierbörse,
Regulierter Markt in Frankfurter Wertpapierbörse;

This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: PC-WARE Information Technologies AG via Thomson Reuters ONE

http://www.pc-ware.de

(END) Dow Jones Newswires

July 28, 2010 03:17 ET (07:17 GMT)

( dowjones )