BRAIN FORCE Group
30.08.2004 08:01
Ad-hoc: Brain Force Software AG: Profit for the first half of 2004 exceeds prior year value by EUR 1.69 million

The provisional figures published on August 2nd 2004 were confirmed by the today released semi annual report 2004. The figures for the first half of 2004 show that the Brain Force Software group has achieved an EBIT of EUR 1.03 million (previous year: TEUR -690), the EBITDA stood at EUR 1.82 million (previous year: TEUR 546) with turnover of EUR 31.80 million (previous year: EUR 28.46 million).

The profit for the period before minority interest stood at TEUR 417, thereby raising the result by EUR 1.69 million compared to the previous year's period loss of EUR -1.27 million.

At the midway point of the year earnings per share amount to EUR 0.05 (previous year: EUR -0.30). For the full year 2004 earnings per share are expected at EUR 0.16.

The semi annual report 2004 is published on the company home page (www.brainforce.com) under 'Investor Relations'.