EANS-News: Customers place new orders with Hoeft & Wessel

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6-month report

Subtitle: Business development in the first half of the year in line
with expectations

Hannover/Germany, 02/08/2012. (euro adhoc) - The Hoeft & Wessel Group
again recorded an increase in its order intake in the second quarter
of the current financial year. The total volume of orders newly
entered in the order books in the first six months of the year came
to EUR 43.6 million, substantially up on the previous year (2011: EUR
32.8 million). These included orders for ticket vending machines from
the Belgian state-owned railway SNCB, from a Polish partner for the
industrial region of Upper Silesia and from the Danish national
railway. Follow-up orders for on-board computers with ticket printers
for line buses were ordered by a partner in South Africa. Two cities
in the U.S. opted for car park terminals from the British subsidiary
Metric. In the German retail sector, Rossmann and Rewe ordered
additional mobile data capture terminals. The order portfolio saw a
corresponding substantial rise in the first half of 2012, to EUR 49.3
million (31 December 2011: EUR 43.9 million).

In the first half of fiscal 2012, the manufacturer of ticketing and
car park terminals as well as mobile terminals generated EUR 38.1
million in sales revenues, down by 12 per cent year-on-year in line
with planning figures (2011: EUR 43.4 million). As a result of
provisions and expenditure incurred within the scope of the
reorientation, the operating result (EBIT), at -EUR 5.5 million,
turned out substantially negative, as expected (2011: -EUR 1.3
million).

Following an unexpectedly poor business trend in 2011, in the year
2012 Hoeft & Wessel AG had launched a reorientation programme. With a
substantial streamlining and a more effective organisational
structure, the company is intensifying its customer orientation.
Hoeft & Wessel is one of the leading suppliers of ticketing systems
and mobile terminals in Europe. Moreover, together with the British
subsidiary Metric, the group of companies is one of the world's
biggest manufacturers of state-of-the-art car park terminals.

Michael Hoeft, CEO of Hoeft & Wessel AG: "We are well on our way
towards achieving our reorientation with the objective of being able
to take care of our customers even better and more extensively in
future."

>> Link to the IR section with financial reports: http://www.hoeft-
wessel.com/en/investor-relations/financial-reports/

>> Press kit with photos:
http://www.presseportal.de/pm/12945/hoeft_wessel_ag/

The Company The Hoeft & Wessel Group is the leading IT and
engineering technology Group for ticketing, parking and mobile
solutions in Germany and Great Britain. Established in 1978 by the
two entrepreneurs who gave the company its name, the enterprise has
developed into a group of companies with sales revenues of approx.
EUR 80 million and a workforce of more than 400 employees. Its main
locations are Hannover, Germany, and Swindon, UK, to the west of
London.

Further inquiry note:
Arnd Fritzemeier
Tel.: +49-511-6102-300
E-Mail: PR@hoeft-wessel.com

end of announcement euro adhoc
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company: Höft & Wessel AG
Rotenburger Str. 20
D-30659 Hannover
phone: +49-511-6102-0
FAX: +49-511-6102-411
mail: ir@hoeft-wessel.com
WWW: http://www.hoeft-wessel.com
sector: Technology
ISIN: DE0006011000
indexes: Prime All Share, Technology All Share
stockmarkets: free trade: Hannover, Berlin, München, Hamburg, Düsseldorf,
Stuttgart, regulated dealing/prime standard: Frankfurt
language: English