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Half-Yearly Report

as of June 30, 2003

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WEB.DE AG’s first six months 2003 at a glance

■Record sales revenues: 42% increase in revenues to 15.2 million EURO in the first half of 2003

■Profit and positive earnings before interest, tax, depreciation and amortization (EBITDA) for three quarters in a row ■Positive cash flow: increase by 4.1 million EURO in liquid funds to 99.3 million EURO

■10% additional Com.Win functions and products per month

■Com.Win Business launched as multiple user solution for business customers ■WEB.DE Club now with more than 100,000 paying members

■Patent filled for WEB.DE three-way spam protection: Europe’s largest computer magazine, ComputerBild, declares WEB.DE to be the test winner in spam protection (edition 15/03)

■Klaus-Dieter Scheurle elected by the Annual General Meeting to the Supervisory Board of WEB.DE AG with a large majority

■WEB.DE share again outperforms the TecDAX: increase of +64% or 2.89 EURO to 7.39 EURO by the WEB.DE share during the first half of 2003

WEB.DE AG financials at a glance

(in mln. EURO, except for share details)

Revenues Gross profit

Marketing & Advertising Research & Development Operating result EBITDA

Income for the period under review Earnings per share (in EURO) Operating cash flow Liquid funds and securities Balance sheet total

Q1-Q2/02 10.7 7.8 (7.2) (6.0) (6.5) (4.0) (6.1) (0.17) (6.4) 95.2 153.3 Q1-Q2/03 15.2 11.4 (5.5) (6.3) (1.3) 2.0 0.5 0.01 3.4 99.3 148.1 Q2/2002 5.9 4.4 (3.7) (2.9) (2.7) (1.6) (2.6) (0.07) (2.3) 95.2 153.3 Q1/2003 7.3 5.5 (2.7) (3.1) (0.7) 1.0 0.2 0.01 1.6 98.3 148.2 Q2/2003 7.9 6.0 (2.8) (3.3) (0.6) 1.0 0.3 0.01 1.8 99.3 148.1

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Contents

Contents

Half-Yearly Report as of June 30, 2003 Management Report

Financials as of June 30, 2003

WEB.DE AG Consolidated Profit and Loss Statement WEB.DE AG Consolidated Balance Sheet

WEB.DE AG Consolidated Cash Flow Statement WEB.DE AG Development of Shareholders’ Equity Imprint and Corporate Calendar

4 8 13 14 15 16 17

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The second quarter 2003 met the expected good development so that WEB.DE AG accounts for record revenues and positive cash flow during a highly satisfactory and profitable first half year 2003. Despite the difficult general economic conditions at present, WEB.DE AG has generated profits for three quarters in a row.

During Q2/2003 revenues increased from 5.9 million EURO in Q2/2002 by 36% to 7.9 million EURO. Dur-ing the first half year 2003 WEB.DE was thus able to generate revenues of 15.2 million EURO versus 10.7 million EURO in the first half of the previous year (+42%). The gross profit on sales rose in Q2/2003 to 5.9 million EURO (y-o-y); during the first half year 2003 it increased by 46% to 11.4 million EURO, with a gross margin of 75% after 73% in the first six months 2002. Consequently, WEB.DE is on plan.

Higher revenues as well as the lean operating expense basis have further consolidated the earning strength of WEB.DE AG: The earnings before interest, tax, depreciation and amortization (EBITDA) amounted to 1.0 million EURO in Q2/2003; in the first half of 2003 they rose to 2.0 million EURO compared to -4.0 million EURO in the first half of 2002. In Q2/2003 the profit for that period amounted to 0.3 million EURO (Q2/2002: -2.6 million EURO). Compared to the first half year 2003, the company generated a profit of 0.5 million EURO versus a loss of -6.1 mil-lion EURO during the first half year 2002.

During the second quarter WEB.DE again achieved a positive operating cash flow of 1.8 million EURO. In the comparable prior year period it still amounted to -2.3 million EURO. Liquid funds amounted to 99.3 EURO million on the reporting date June 30, 2003; this corresponds to an increase of 4.1 million EURO com-pared to the end of period date June 30, 2002.

The business model of WEB.DE AG which secures margins of more than 70% is based, in the long-term, on the extraordinarily solid and future-proof revenue sources of Online Advertising, e-Commerce and Digital Services. The business model has thus proven its sustainability and therefore is the fundament for the expansion in the sector of Web-Telecommu-nication.

In the profitable growing portal business, WEB.DE was able to further consolidate its market position through the continuous extension of its product and customer basis. A study by the renowned US market research institute Forrester Research of April 2003 underpins the strong market position of WEB.DE. According to this study, T-Online and WEB.DE rank first and second amongst the portals on the German market “the US-oriented portals like Yahoo, AOL or MSN fight for third place”. The success formula be-hind our strong market position is the high customer retention of WEB.DE. It is embodied in a strong tech-nology basis and excellent product quality. The most recent example is the three-way spam protection of WEB.DE, for which a patent application has been filled back in Q2/2003. It protects WEB.DE users from unsolicited electronic mail.

Dear Shareholders,

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Management R

epor

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Management R

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t

A test by ComputerBild, Europe’s largest computer magazine, has selected the three-way spam pro-tection of WEB.DE as test winner in its issue 15/03. WEB.DE was clearly ahead of its competitors GMX and Arcor, which each identified less than 75% un-solicited mail.

The success of fee-based Digital Services continued during the second quarter 2003: The WEB.DE Club, which provides WEB.DE users for a annual fee of 60 EURO with a particularly attractive mix of the most relevant, fee-based value-added functions, wel-comed its 100,000th paying member in June 2003. This clearly demonstrates the high acceptance of fee-based, value-added functions by WEB.DE users.

In the second business line, Web-Telecommunication, which is particularly future-potential just like the Internet portal, WEB.DE combines very high margin software business (70%+) with the recurring rev-enue streams of telecommunications. Web-Telecom-munication serves as a strategic and technological spearhead of WEB.DE AG. The Com.Win product family launched during Q4/2002 is particularly inno-vative and well prepared for international deploy-ment with more than 29 key patent applications. It already now enables extremely comfortable tele-phony services. WEB.DE Com.Win, today available in version 1.7, will in future integrate all communi-cation forms.

Due to WEB.DE’s typical fast development cyle Com.Win users are offered 10% additional Com.Win functions and products on a monthly basis – and this since the launch in October 2002. The past quarter, too, saw the emergence of essential new functionalities: the contact data of Com.Win users can be synchronized in an easy and safe manner with the usual handheld computers like Palm etc. In addition, Com.Win allows telephoning “with a click” in standard business applications like Outlook, Lotus Notes, SAP/R3 or from the Microsoft Internet Ex-plorer. This means that, in future, the annoying typing of a phone number from the phone book or a data-base will become absolutely unnecessary. WEB.DE is winner at the Spam protection test

Provider 1. 2. GMX 3. Arcor 4. T-Online freenet.de daybyday epost

* Automatic identification of unsolicited electronic mail

* No automatic Spam protection

Identified Spam*

91 %

74 % 70 % no protection* no protection* no protection* no protection*

WEB.DE

15/03

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Management R

epor

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As announced WEB.DE is offering Com.Win in a mul-tiple user solution for business customers since June 2003. Companies are directly offered, without any need for a change in telco contracts and installation, an ultramodern and highly comfortable commu-nication infrastructure which is immediately ready for use with every online PC, every telephone system and every corporate e-mail system. Hence, it secures companies essential advantages. With its web-based telecommunication products, WEB.DE broadly targets the telecommunications market which, accor-ding to a study by the European Information Obser-vatory “EITO 2003”, amounts to EUR 64 billion in Germany and as much as US$ 1,200 billion world-wide. WEB.DE generates income both from subscrip-tions and license fees as well as from usage fees for e.g. telephone minutes, SMS, FAX or storage space.

Consequently, WEB.DE also launched essential customer benefit-oriented further devel-opments in the new business line Web-Telecommunication. In the second half of 2003, too, this will be a focus of the company’s efforts in Web-Telecommunication which will advance the Com.Win product family with its eight development teams. In future Com.Win users will continue to benefit from 10% additional Com.Win functions and products every month.

Q2/2003 was also a very successful year for WEB.DE on the capital market: apart from the new entry into the analyst coverage of WestLB, a particularly high interest in WEB.DE AG was shown during the road shows in London, Zurich, Geneva and Frankfurt. The price of the WEB.DE share reflected this interest in a positive manner. Whilst the share price was at 5.35 EURO on April 1, 2003, it closed at 7.39 EURO

(+38%) on June 30, 2003 and has currently exceeded 8 EURO. Hence, the WEB.DE share has once again outperformed the TecDAX, the technology selection index of the largest and most liquid technology securities below the DAX. Referred to the first half year 2003, WEB.DE’s share price development of the WEB.DE share has been highly satisfactory with a plus of 2.89 EURO or 64%.

The Annual General Meeting of WEB.DE AG in Karls-ruhe on July 17, 2003 voted for all the resolutions submitted by the administration with clear majori-ties. Klaus-Dieter Scheurle, former President of the German Regulatory Authority for Telecommunica-tions and Posts, today Managing Director of Credit Suisse First Boston, was elected by an overwhelming majority to the new Supervisory Board of WEB.DE AG. The Supervisory Board then elected Mr. Scheurle as Deputy Chairman of the Supervisory Board. Furthermore, the share-holders of WEB.DE AG voted in favor of continuing the share buyback program and all global author-izations for capital measures submitted by the Executive Board with view to the issuing of bonds with warrants and convertible bonds by July 17, 2008. This provides WEB.DE AG with the necessary flexibility for its international growth and future investments which may become necessary in the Web-Telecommunication segment in the medium and long term.

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Management R

epor

t

For the second half of 2003 we expect, after the seasonally slower growth in the summer quarter Q3/2003, a clear increase in revenues during the fourth quarter of 2003. We confirm our growth course and expect a positive net income for the year as well as positive earnings before interest, tax, depreci-ation and amortizdepreci-ation (EBITDA) for the full year 2003. In the Web-Telecommunication business line, the focus will continue to be on the intensive develop-ment of the Com.Win product family both for retail and business customers. A significant stepping up of revenues is expected from 2004 in this business segment – also from international licenses.

We cordially thank you, dear Shareholders, for your continuing confidence in WEB.DE AG in the past quarters and in the quarters to come. We will work very hard in future on further extending our profit-ably growing portal business and our goal to develop WEB.DE into the world’s largest provider of Web-Telecommunication in only ten years. Our efforts will continue to focus on reaching our revenues and profitability targets as well as a value-based, re-sponsible corporate management with a view to enhancing shareholder value.

Your Executive Board of WEB.DE AG Karlsruhe, July 2003

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Revenues and gross profit

During the second quarter 2003 the revenues of WEB.DE AG increased from 5.9 million EURO (Q2/ 2002) by 36% or 2.0 million EURO to 7.9 million EURO in Q2/2003. In the first half year 2003 revenues climbed from 10.7 million EURO during the compar-able prior year period by 4.5 million EURO or 42% to 15.2 million EURO. WEB.DE AG hence reports the strongest quarterly revenues and the strongest half year revenues ever in its corporate history.

The gross profit enjoyed a similarly positive devel-opment; it went up from 4.4 million EURO in Q2/2002 by 1.6 million EURO to 6.0 million EURO in Q2/2003. On a half year basis the gross profit on sales rose from 7.8 million EURO in the first half of 2002 by 46% or 3.6 million EURO to 11.4 million EURO during the first half year 2003. During the first half year 2003 the margin amounted to 75% versus 73% during the comparable prior year period.

Revenue structure

In Q2/2003 revenues from e-Commerce of 1.7 million EURO were clearly above last year’s level (+71%). During the first half year 2003, revenues in e-Com-merce rose by 0.8 million EURO or 33% to 3.2 million EURO and accounted for 21% of total revenues.

Although revenues in the media business (Online Advertising) increased slightly compared to Q1/ 2003, this business line did not perform according to expectations due to the war in Iraq and the poor general economic climate. Revenues from Online Advertising of 2.7 million EURO in Q2/2003 were slightly below the level of Q2/2002.

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Financials

Financials as of June 30, 2003

■Revenues

■Gross profit on sales 16 14 12 10 8 6 4 2 0 Q1-Q2/02 Q1-Q2/03

Revenue development and gross profit (in mln. EURO)

Revenue structure during

the first half year 2003 (in mln. EURO)

Total: 15.2 5.2 3.2 6.8 D ig it a l Se rvic es Adve rti sin g e- Comme r ce

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Compared to the first half year 2003, Online Adver-tising generated with revenues of 5.2 million EURO, a slight plus of 3% versus the first half year 2002. Online Advertising accounted for 34% of total rev-enues in the first six months.

Digital Pay Services generated revenues of 3.5 million EURO during the second quarter of 2003 which were clearly above the comparable prior year quarter. Compared to the first half year 2003, revenues rose from 3.2 million EURO in the first half year 2002 by 3.5 million EURO or 114% to 6.8 million EURO. Fee-based Digital Services and, more particularly, the WEB.DE Club – now boasting more than 100,000 members – are the clear growth driver and already account for 45% of overall revenues of WEB.DE AG.

Operating expenses

The operating expense structure of WEB.DE AG remained stable and lean throughout the entire first half year 2003. Thanks to active cost management and active cost controlling, total operating expenses of 8.6 million EURO remained flat versus the com-parable prior year quarter (8.6 million EURO) – despite a 36% rise in revenues. The comparison on a half year basis even shows a decline from 17.2 million EURO during the first six months of 2002 to 16.6 million EURO (-3%) during the first half year 2003.

The expenditure on research and development amounted to 6.3 million EURO during the first half year 2003 versus 6 million EURO during the com-parable prior year period. This rise in research and development expenditure to 3.3 million EURO in Q2/2003 (+11% versus Q2/2002) underlines the intensive development activities in the field of Web-Telecommunications.

Net income for the period under review and earnings before interest, taxes, depreciation and amortization (EBITDA)

In line with the significant increase in revenues both in Q2/2003 and in HY1/2003 at a stable operating expense basis, the earnings before interest, taxes, depreciation and amortization (EBITDA) improved significantly during the first half year 2003 to +2.0

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Financials

■ Revenue costs

■ Marketing and Advertising ■ General administrative expenses ■ Research and Development 20 18 16 14 12 10 8 6 4 2 0 Q1-Q2/02 Q1-Q2/03

Lean operating expense structure

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million EURO versus a negative EBITDA of -4.0 million EURO during the first half year 2002.

In Q2/2003 WEB.DE AG generated a profit of 0.3 mil-lion EURO versus a loss of -2.6 milmil-lion EURO in Q2/ 2002. During the first half year 2003 the net income for the period increased to 0.5 million EURO versus a loss of -6.1 million EURO in the first half year 2002. WEB.DE AG hence generated a profit for the third quarter in a row. During the first half year 2003 it recorded positive earnings per share of 0.01 EURO (first half year 2002: -0.17 EURO per share)

Balance sheet, cash flow and own shares

On the reporting date June 30, 2003 the balance sheet total of WEB.DE AG at 148 million EURO was almost unchanged versus Q1/2003.

The liquid funds including securities held to maturity and securities available for sale totaled 99.3 mil-lion EURO as of June 30, 2003. This corresponds to a 1.0 million EURO rise versus Q1/2003 and a 4.1 million EURO increase versus the comparable prior year quarter.

The operating cash flow was again clearly positive during Q2/2003 at +1.8 million EURO (Q1/2003: +1.6 million EURO) and showed a significant improve-ment versus the prior year quarter Q2/2002, when the operating cash flow still amounted to -2.3 million EURO. Despite investments in fixed assets as well as in intangible assets of 0.6 million EURO each, liquid funds rose to 99.3 million EURO as of June 30, 2003.

The shareholders’ equity of WEB.DE AG amounted to 131 million EURO or 89% of the balance sheet total as of June 30, 2003 and hence was slightly higher than in Q1/2003 (88%).

In the course of focusing on the core business, share-holdings in Radio 96 Baden Airport GmbH, Rhein-münster, and in Radio Karlsruhe GmbH & Co. KG, Karlsruhe, were divested during the last quarter.

10

Financials

EBITDA development (in mln. EURO) 3 2 1 0 -1 -2 -3 -4 -5 Q1-Q2/02 Q1-Q2/03 -4.0 +2.0

Development of operating cash flow (in mln. EURO) Q1-Q2/02 Q1-Q2/03 3 2 1 0 -1 -2 -3 -4 -5 -6 -7 -6.4 +3.4

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Financials

During the second quarter 2003 WEB.DE AG acquired a total of 11,295 own shares for a total price of 0.07 million EURO. On the reporting date June 30, 2003 WEB.DE AG held a total of 1,925,620 own shares with an average share price of 5.71 EURO. This cor-responds to an arithmetic share in the capital stock of 1,925,620 EURO or 5.04% of the capital stock.

Human Resources

As of June 30, 2003 WEB.DE AG employed 316 people (with part-timers included on a proportionate basis) versus 285 employees as of June 30, 2002. The staff structure was as follows:

Stock Option Plan

As of June 30, 2003 the company had issued a total of 1,560,902 options for the subscription of WEB.DE shares to employees of WEB.DE AG and its subsidia-ries. One option right entitles the holder to acquire one WEB.DE share.

As far as the structure of the Stock Option Plan is concerned reference is made to the Annual Report 2002, page 30f.

Directors’ Holdings

The reportable shareholdings of executive and non-executive directors as of June 30, 2003 are as follows:

Cinetic GmbH, Karlsruhe, of which Matthias and Michael Greve each hold 50% of the shares, contin-ues to hold 21,584,505 shares of WEB.DE AG. Felix Greve indirectly holds 540,000 shares of WEB.DE AG through three asset management companies.

Accounting principles

The interim financial statement was prepared in conformity with generally accepted accounting prin-ciples valid in the United States of America (US-GAAP). The accounting and valuation principles as well as the consolidation principles are in conformity with APB 28 (“Interim Financial Reporting”) and correspond to the principles at the end of 2002. Accruals and deferrals, which would not be admissible in annual reporting, were not made.

Employee structure Executive Board Distribution, Marketing and Conversion Development and System Administration Digital Services and Content Services Customer Services Administration and Accounting Total Department 6 79 85 48 38 29 285 Q2/02 5 65 111 63 44 28 316 Q2/03 Matthias Greve Michael Greve Matthias Ehrlich Matthias Hornberger Robert Gratzl none none 95,000 181,430 181,430 Options none 10 none 546 4,000 Shares Executive Board Hansjörg Reiter Dr. Peter Pagé Felix Greve none none none Options none none none Shares Supervisory Board

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12

Financials

Segment reporting

During the second quarter of 2003, too, the company only operated in one segment, i.e. portals. In this segment WEB.DE AG mainly generated income in the business lines Online Advertising, e-Commerce as well as Digital Services including telecommuni-cations.

Outlook

Despite the difficult general economic climate, WEB.DE AG looks optimistically to the future.

For the second half of 2003 WEB.DE AG expects, after the seasonally weak growth summer quarter Q3/2003, a significant rise in revenues during Q4/2003. The digital nature of the business model ensures particularly high gross margins and econo-mies of scale. During the second half of 2003, too, the intensive efforts in product development will be upheld. As announced, the focus will continue to be on an intensive development of the Com.Win family both for retail and business customers. WEB.DE AG confirms its growth course and expects a positive net income for the full year 2003 as well as positive earnings before interest, tax, depreciation and amortization (EBITDA). From fiscal year 2004 onwards, significant revenues and profit contribu-tions are expected in Web-Telecommunicacontribu-tions from the Com.Win product.

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Consolidated P

rofit and L

oss S

tatement

WEB.DE AG Consolidated Profit and Loss

Statement (US-GAAP) as 0f June 30, 2003

(in T EURO, except for share details)

10,697 (2,887) 7,809 (7,209) (1,085) (5,981) (6,466) 363 (6,103) (0.17) (0.17) 36,720,102 Q1-Q2/2002 15,208 (3,769) 11,439 (5,497) (972) (6,332) (1,362) 1,875 513 0.01 0.01 36,600,169 Q1-Q2/2003 5,854 (1,444) 4,410 (3,659) (550) (2,947) (2,745) 133 (2,613) (0.07) (0.07) 36,924,284 Q2/2002 Q2/2003 7,935 (1,976) 5,959 (2,816) (483) (3,278) (618) 926 308 0.01 0.01 36,582,884 Revenues Cost of sales Gross operating profit Marketing and advertising General administration costs Research and development Operating result

Financial income Net result for the period

Earnings per share from continuing activities Earnings per share

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Consolidated Balance Sheet

WEB.DE AG Consolidated Balance Sheet

(US-GAAP) as 0f June 30, 2003

L I A B I L I T I E S (in T EURO) Short-term liabilities

Bank accounts payable Trade accounts payable Advance payments received Provisions

Deferred revenues Other short-term liabilities Total short-term liabilities

Long-term financial leasing liabilities

Shareholders’ equity Common shares at 1 EURO Capital reserve

Treasury stock

Other comprehensive income Accumulated total result Total shareholders’ equity Total liabilities 06/30/2003 0 904 1,958 1,710 2,706 1,384 8,662 8,317 38,198 102,824 (10,984) 300 769 131,107 148,086 03/31/2003 0 1,308 2,035 1,728 2,218 1,644 8,933 8,385 38,198 102,824 (10,919) 276 462 130,841 148,159 12/31/2002 31 1,583 1,693 2,111 1,955 1,557 8,930 8,452 38,198 102,824 (10,405) 499 257 131,373 148,755 A S S E T S (in T EURO) Short-term assets Cash and cash equivalents Marketable securities Trade accounts receivable Due from associated companies

Prepaid expenses and other short-term assets Total short-term assets

Assets up for sale

Property, plant and equipment Intangible assets

Goodwill Financial assets Lendings

Marketable securities Total long-term assets Total assets 06/30/2003 10,315 22,559 3,738 155 3,460 40,227 0 18,199 3,967 6,729 3,997 8,561 66,406 107,859 148,086 03/31/2003 6,886 24,963 4,537 371 2,853 39,610 0 18,662 3,918 6,729 4,209 8,561 66,470 108,549 148,159 12/31/2002 11,770 18,834 4,606 491 2,159 37,860 287 19,208 3,872 6,989 4,209 8,561 67,769 110,608 148,755

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Consolidated Cash Flo

w S

tatement

WEB.DE AG Consolidated Cash Flow Statement

(US-GAAP) as of June 30, 2003

(in T EURO) Q2/2003 Q1-Q2/2003 Q1-Q2/2002

Net cash provided by operating activities Net result for the period

Depreciation/amortization on intangible assets and tangible assets

Result from sales and depreciation of marketable securities Change in assets and liabilities

Trade accounts receivable Due from associated companies Other assets and prepaid expenses Short-term liabilities

Inflow/outflow from operating activities

Net cash used by investing activities Investments in intangible assets

Investments in property, plant and equipment Sales of investments

Acquisition of investments Change in marketable securities Issuance of loans

Inflow/outflow of funds from investing activities

Net cash used by financing activities Discharge of long-term liabilities Acquisition of treasury stock

Outflow of funds from financing activities

Increase/decrease of cash and cash equivalents Cash and cash equivalents at the beginning of the period Cash and cash equivalents at the end of the period

(6,102) 2,511 (583) (1,097) (500) (298) (366) (6,435) (864) (1,841) 0 (594) (4,749) (2,436) (10,484) (126) (899) (1,025) (17,944) 30,078 12,134 513 3,359 (377) 868 336 (1,040) (268) 3,391 (1,125) (1,033) 212 0 (1,286) 0 (4,132) (135) (579) (714) (1,455) 11,770 10,315 308 1,587 (271) 799 216 (607) (270) 1,762 (564) (608) 212 0 (2,760) 0 1,800 (68) (65) (133) 3,429 6,886 10,315

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WEB.DE AG Development of Shareholders’ Equity

for the period January 1, 2003 to June 30, 2003

16 Shar eholders’ Equity (in T EURO) December 31, 2002 Acquisition of treasury stock

Profit/loss for the period Other comprehensive income June 30, 2003 131,373 (579) 512 (199) 131,107 Total (10,405) (579) (10,984) Treasury stock 499 (199) 300 Other comprehensive income 257 512 769 Accumulated total result 102,824 102,824 Capital reserve 38,198 38,198 Common stock

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Imprint

■ Publisher WEB.DE AG Amalienbadstrasse 41 D-76227 Karlsruhe Tel. +49 (0) 721 94329-0 Fax +49 (0) 721 94329-22 http://webde-ag.de Contact: Richard Berg,

Head of Investor Relations Nina Vorbeck,

Manager Retail Investors investor.relations@webde-ag.de

■ Design/Production

Art Crash Werbeagentur GmbH Weberstrasse 9

D-76133 Karlsruhe

Corporate calendar

Roadshow USA

Publication of report Q1-Q3

German Mid Cap Conference 2003, Frankfurt/Main German Equity Forum, Frankfurt/Main

08/06-08/2003 10/23/2003 11/24-26/2003 11/26-27/2003

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WEB.DE AG Amalienbadstrasse 41 D-76227 Karlsruhe Tel. +49 (0) 721 94329-0 Fax +49 (0) 721 94329-22 http://webde-ag.de http://web.de

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