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Munich, 11 September 2008: ce GLOBAL SOURCING AG, which is listed on the Open Market of the Frankfurt Stock Exchange, today voluntarily published the financial results for the first half of fiscal year 2008.
Key figures support succesful restructuring With consolidated net sales of 11,072 kEUR (py: 13,465 kEUR) the group achieved in first half 2008 a negative profit of -405 kEUR (py: +83 kEUR). The total assets per 30.06.2008 amount to 8,021 kEUR (31.12.2007: 8,668 kEUR).The shareholders' equity is 4,409 kEUR (31.12.2007: 4,854 kEUR). The shareholders' equity rate therefore is 55 percent (31.12.2007: 56 percent) at the 30.06.2008.
Outlook for 2008 Herbert E. Graus, CEO of ce GLOBAL SOURCING AG: "With the planned new business and the induced expansion of activities in areas with strong margins we will reach an even result for 2008 - despite losses in the first 6 month of this year. Besides revenue increasing actions we try to optimise our existing cost structure."
Service The half year report is now available for download on our website www.ce-global.de under the section "Investor Relations". Unfortunately we provide a German version only.
For additional information please contact ce GLOBAL SOURCING AG, Investor Relations, Tel.: +49 (89) 13 92 889 - 0, Fax: +49 (89) 13 92 889 - 29, Email: ir@ce-global.de
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About ce GLOBAL SOURCING AG The ce GLOBAL SOURCING AG sees itself as a "Electronic-Procurement-provider". The company operates as an extern partner of original parts producer (OEM) and Electronic Manufacturing Services (EMS) and takes over the purchase-, storage-, and shortage management, as well as, the providing of semiconductors and electronic components. Domicile of the company is Munich. Besides the ce has offices in Canada, the USA, Taiwan, Japan, China, Australia, the Netherlands, Italy, England, Switzerland, it also has representatives in Russia, the Ukraine and Hong Kong. World-wide ce has about 60 employees.
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ce GLOBAL SOURCING AG Klausenburger Str. 9 München Germany
WKN: 508222; ISIN: DE0005082226; Index: CLASSIC All Share; Listed: General Standard in Frankfurter Wertpapierbörse;
