Press releases

Improved results in 2003 /
Extraordinary income from the NORD L/B write-off
TRIPLAN: Financially stronger in 2004

Bad Soden, 02 April 2004.
TRIPLAN AG, Bad Soden, an engineering services and IT solutions provider in plant construction and building technology, has announced its interim figures for 2003: They show that total output fell for cyclical reasons by 14 % to 30.2 m EUR (previous year 35.2 m EUR). Despite the drop in sales there was an improvement in the results. Of special significance is the complete write-off relating to the company bank NORD / LB which produced an extraordinary result of 5.6 m EUR.

This conjoint solution makes the TRIPLAN Group free of debt. The current equity ratio is over 50 %, with share capital of around 6.5 m EUR. „We’re going into 2004 financially stronger. This enhances the market’s confidence in the long-term presence of the TRIPLAN Group, including software development capacity within the ITandFactory subsidiary,“ underscores chairman Ralf Heimberg. The company starts with a considerably improved competitive situation.

For the current year, 2004, TRIPLAN AG plans to consolidate its company goals by optimising and reorganising the engineering division, improving sales, cooperation and marketing operations in both divisions, increasing market presence and with a broader market realignment. The company will also focus on cost management.

Contact:
TRIPLAN AG
Auf der Krautweide 32
65812 Bad Soden

Phone: +49 6196 / 60 92 - 0
Fax: +49 6196 / 60 92 - 203
e-mail: info@triplan.com