Viscom AG / Half Year Results

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Hanover, 1 August 2007, Revenue development of the Viscom Group during the first half of 2007 again remained behind expectations. The Group earned revenues of € 19,179 thousand, a drop of 21.6 % from the previous year's second quarter (€ 24,474 thousand). In addition to normal seasonal fluctuations, a reserved purchasing stance on the part of certain customers who are awaiting the imminent deliverability of a new inspection system and the currently reduced investment activity of a key customer of the Viscom AG are manifest in this development.

The comparatively high order intake during the period under review can partially offset the significance of the lag in revenues: with € 24.7 million it stands at nearly the same level as the previous year (€ 24.9 million). The order backlog at the end of this half-year is particularly encouraging; at € 14.1 million it is significantly over the value at the previous year's second quarter (€ 8.8 million).

During the period under review, EBIT reached € -1,053 thousand, after € 4,092 thousand for the comparable period last year; results after taxes amounted to € 633 thousand (previous year, € 566 thousand). This decline is primarily due to the high ratio of fixed costs in operating overheads, with the result that there is no corresponding reduction in expenses to offset the decreased revenues. The Viscom Group raised its personnel base by 17.3 % year on year to prepare for its technical and regional expansion. The additional staff costs are now showing their impact to its fullest extent. As well, Viscom continues to invest heavily in research and development.
Based on the factors stated above, the Company management projects revenues between € 51 and 54 million and an EBIT margin between 6 and 9 % for the year 2007. This is a departure from the original revenue projections, € 57 to 60 million with a double-digit EBIT.



Contact:
Viscom AG
Investor Relations
Katharina Blanke
Carl-Buderus-Str. 9-15
30455 Hannover
Tel.: +49-511-94996-861
Fax:  +49-511-94996-555
katharina.blanke@viscom.de


DGAP 01.08.2007 

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Language:     English
Issuer:       Viscom AG
              Carl-Buderus-Strasse 9-15
              30455 Hannover
              Deutschland
Phone:        +49 (0) 511 94 996 861
Fax:          +49 (0) 511 94 996 501
E-mail:       katharina.blanke@viscom.de
Internet:     www.viscom.de
ISIN:         DE0007846867
WKN:          784686
Indices:      
Listed: Amtlicher Markt in Frankfurt (Prime Standard), Hannover; Freiverkehr in Berlin, Düsseldorf, München, Stuttgart  
End of News DGAP News-Service  

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