in logistics and IT services business working group has so held in 2003 in a declining market revenues with 1598.3 million francs are (2002: 1653.3 million). Reduced by one-off effects of a total of 11.3 million francs in connection with the sale of the business system so ComsystAG net income fell by 1.8 million francs, substantially lower than in the previous year (2002: 19.7 million), the company announced today with.

In the corporate area of ​​distribution, sales amounted to 1516.1 million francs in the previous year (2002: 1523.2 million). Due to the strong price erosion and margin pressure, operating profit declined by 19 percent to 25.5 million francs (2002: CHF 31.4 million). The company’s systems business area had a decrease in sales to 82.2 million (2002: CHF 130 million) experienced and reported an operating loss of 9.9 million francs. This special charges of EUR 6.8 million francs are included. So the ComsystAG on 5 February 2004 to the German group sold Bechtle.

So While in Switzerland and Germany together around 8 per cent more units sold than last year. However, since the average prices fell by up to 30 percent, reaching the segment sales with CHF 1516.1 million just last year’s level (2002: 1523.2 million), of which 915.3 million francs on the Swiss market. The German subsidiary’s revenues in local currency in the previous year. In Franconia currency effects, sales growth resulted in 600.8 million (2002: CHF 582.7 million).

So overall the Group employed 1040 staff in the reporting year (2002: 1,177). The Board of Directors is proposing for the fiscal year a dividend of 5.00 francs (2002: 7.00 francs). Compared to a net profit for 2003, which was impacted by one-time special effects, so calculated for the current year with a significantly higher net profit.

in logistics and IT services business working group has so held in 2003 in a declining market revenues with 1598.3 million francs are (2002: 1653.3 million). Reduced by one-off effects of a total of 11.3 million francs in connection with the sale of the business system so ComsystAG net income fell by 1.8 million francs, [...]

in logistics and IT services business working group has so held in 2003 in a declining market revenues with 1598.3 million francs are (2002: 1653.3 million). Reduced by one-off effects of a total of 11.3 million francs in connection with the sale of the business system so ComsystAG net income fell by 1.8 million francs, [...]

in logistics and IT services business working group has so held in 2003 in a declining market revenues with 1598.3 million francs are (2002: 1653.3 million). Reduced by one-off effects of a total of 11.3 million francs in connection with the sale of the business system so ComsystAG net income fell by 1.8 million francs, [...]

in logistics and IT services business working group has so held in 2003 in a declining market revenues with 1598.3 million francs are (2002: 1653.3 million). Reduced by one-off effects of a total of 11.3 million francs in connection with the sale of the business system so ComsystAG net income fell by 1.8 million francs, [...]

in logistics and IT services business working group has so held in 2003 in a declining market revenues with 1598.3 million francs are (2002: 1653.3 million). Reduced by one-off effects of a total of 11.3 million francs in connection with the sale of the business system so ComsystAG net income fell by 1.8 million francs, [...]

in logistics and IT services business working group has so held in 2003 in a declining market revenues with 1598.3 million francs are (2002: 1653.3 million). Reduced by one-off effects of a total of 11.3 million francs in connection with the sale of the business system so ComsystAG net income fell by 1.8 million francs, [...]

in logistics and IT services business working group has so held in 2003 in a declining market revenues with 1598.3 million francs are (2002: 1653.3 million). Reduced by one-off effects of a total of 11.3 million francs in connection with the sale of the business system so ComsystAG net income fell by 1.8 million francs, [...]