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Hoeft & Wessel AG affirms positive forecast for 2009

Corporate news announcement processed and transmitted by Hugin AS.
The issuer is solely responsible for the content of this
announcement.
----------------------------------------------------------------------
--------------




Operations at U.S. location to be extended

Hanover, 18 June 2009. At the ordinary annual general meeting, Hoeft
& Wessel AG affirmed its positive forecast for the current financial
year. The IT hardware and software specialist anticipates an increase
both in sales revenues and earnings for fiscal 2009. According to the
forecast, sales revenues this year are expected to exceed 98 million
euros, with the operating result (EBIT) amounting to more than 4
million euros.

At the company's annual general meeting, Hansjoachim Oehmen, CEO of
Hoeft & Wessel AG, emphasised the high degree of diversification
within the Hoeft & Wessel Group. "Via our three business divisions,
we provide our individually tailored products and systems in specific
market segments. Moreover, our international business is becoming
increasingly significant. Thanks to this broad positioning, we can
successfully defy the difficult economic fundamentals prevailing at
present."

For the Almex division, which provides ticketing systems for the
public transport sector, the good trends witnessed in previous years
are expected to continue, with further increases in sales revenues.
This year, the Parking division run by the Metric subsidiary has
reported gratifying developments, with sales revenues expected to
rise accordingly. Following a large-scale contract award in the U.S.
along with additional orders placed, the U.S. location will be
extended, accompanied by a two-fold increase in the size of the
workforce. The Skeye division, which supplies mobile terminals to the
retail and logistics sectors, has met with investor reluctance in
these segments, indicating that sales revenues will remain slightly
below the previous year's level.
Additional information:
Hoeft & Wessel AG
Dr. Arnd Fritzemeier, Head of Investor Relations and Public
Relations,
Rotenburger Strasse 20, D-30659 Hanover, Germany
Tel. +49.511.6102-300 ir@hoeft-wessel.com
Fax +49.511.6102-873 www.hoeft-wessel.com



--- End of Message ---

Höft & Wessel AG
Rotenburger Str. 20 Hannover Germany

WKN: 601100;
ISIN: DE0006011000; Index: Prime All Share, CDAX, TECH All Share;
Listed: Prime Standard in Frankfurter Wertpapierbörse, Freiverkehr in
Börse Berlin,
Freiverkehr in Börse Düsseldorf, Freiverkehr in Niedersächsische
Börse zu Hannover,
Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr
in Bayerische Börse München,
Freiverkehr in Börse Stuttgart, Regulierter Markt in Frankfurter
Wertpapierbörse;
Copyright © Hugin AS 2009. All rights reserved.



 
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