New perspectives despite the decrease in INFORMERs financial figures

The consolidated financial statements of INFORMER Group in the third quarter of 2004 present a 21,10% sales decrease, in relation to the same period of the year

2003 (2004 € 23,1mil. - 2003 € 29,4 mil.). The financial statements of INFORMER present a 24,50% decrease (2004 € 11,32 mil - 2003 € 14,99 mil.)

The profits of both the Group and the Mother Company indicate a decrease of 80%, approximately. (Gr. 2004 € 0,51mil. - 2003 € 2,43 mil.) (Moth. 2004 € 0,46 mil. - 2003 € 2,44mil.)

After the successful negotiations and the renewal of cooperation with TEMENOS, the financial results at the end of the year 2004 will be quite positive.

The decrease presented in the financial statements of the third quarter of 2004, is the result of:

 

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