Fujitsu

 

Fujitsu Siemens Computers Reports Higher Than Expected First-Half Profit Before Tax

Profit Before Tax (PBT) Tops 80 Percent Growth Year-on-Year


Munich/Germany, November 10, 2004 —Fujitsu Siemens Computers, the leading European IT company, today announced an upward revision in profit before tax (PBT) to € 20.4 million for the first-half of fiscal year 2004. The company achieved an overall growth in PBT of 80 percent year-on-year. Revenue remained as previously reported at € 2,560 million or a year-on-year growth of 15 percent. The first-half of the 2004/2005 fiscal year runs from April 2004 through September 2004.

“Profitability is the key to innovation in the IT market. It provides capital companies need to reinvest in technology that truly make a business impact for the customer,” said Bernd Bischoff, President and CEO of Fujitsu Siemens Computers. “In today’s highly competitive market, IT companies need to take the responsibility of not just pushing boxes out to the customer, but providing them with solutions that enable them to directly add to the bottom line either through reduced TCO or in increased productivity. Through innovative solutions like FlexFrame, easyXchange and CentricStor, we have proven that we are capable of helping the CIO to do just this.”

Outlook: profitable performance
For the remainder of the fiscal year, Fujitsu Siemens Computers targets include: 5 percent revenue growth (at current exchange rates) and to continue to outgrow the market by 5 percent for the full fiscal year. The company’s primary growth areas are defined as: Mobiles, servers, and supporting services.


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About Fujitsu Siemens Computers:
Fujitsu Siemens Computers is the leading European IT provider with a responsible strategic focus on next-generation Mobility and Business Critical Computing products, services and solutions. With a portfolio of exceptional depth, our offering extends from handhelds through desktops to enterprise-class IT infrastructure solutions. Fujitsu Siemens Computers has a strong presence in all key markets across Europe, the Middle East and Africa. Leveraging the strengths, innovation and global reach of our joint shareholders, Fujitsu Limited and Siemens AG, we make sure we meet the needs of customers: large corporations, small and medium enterprises and private users.

For further information about Fujitsu Siemens Computers, please visit: www.fujitsu-siemens.com

PR Contacts:
Amy M.K. Flécher
Director Communications
Tel.: + 49 (0) 89 3222 4460
Mobile: +49 (0) 171 86 50 101
Fax: + 49 (0) 89 3222 4466
amy.flecher@fujitsu-siemens.com