FJH AG / Change of Personnel/Forecast
20.02.2008
Release of a Corporate-announcement, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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FJH: Change to the Executive Board / Order development and preliminary
figures for FY 2007
Munich, 20 February 2008 FJH AG (ISIN DE0005130108), a leading supplier
of software and consulting for the insurance industry and other financial
services, announces changes to the Executive Board.
Stephan Schulak, member of the Executive Board of FJH AG and CFO, resigns
at his own request as member of the Executive Board and from all his other
positions within the FJH Group effective from the end of April 15, 2008 to
pursue an alternative outside of FJH AG. On todays meeting, the
Supervisory Board agreed to his resignation. The Supervisory Board regrets
Schulaks decision, appreciates his contribution and wishes Stephan Schulak
all the best for the future.
The responsibilities previously held by Stephan Schulak will be taken over
by the experienced Executive Board Members Michael Junker and Thomas Junold
as it was prior to Schulaks entrance.
Also thanks to a pleasing order situation in the region USA, order backlog
(firm orders and orders with a probability of at least 80%) as of Jan 1st,
2008 amounted to 40.6 million Euro, about 10% above previous years figure
(37.0 million Euro). Thus, basic conditions are provided to continue the
pleasant development also in 2008.
Based on preliminary, unaudited figures, revenues in fiscal year 2007
achieved 61.3 million Euro (previous year: 56.9 million Euro). EBIT from
todays perspective is expected in a range of +5 million Euro (previous
year: -4.9 million Euro).
The final, audited figures for fiscal year 2007 as well as guidance for the
current fiscal year will be announced March 27th, 2008.
About FJH:
FJH AG is a leading supplier of software and consulting for the insurance
industry and other financial services. Under its brand name FJA the FJH
Group offers a broad range of software solutions to support insurance
companies and pension providers in all key areas and issues. Products
include policy administration systems, process and document management
software and point-of-service solutions through to systems for asset
liability management and corporate management.
FJH has longstanding business relations with around half of all life
insurers in Germany for whom it has successfully implemented numerous major
projects over the last 27 years; its clients also include renowned health
and non-life insurers. Globally, FJHs software is used for 26 countries on
five continents, including the USA and Australia and a number of Eastern
European countries.
Currently, the FJH Group employs around 450 people at its head office in
Munich, its German offices in Hamburg, Cologne and Stuttgart and its
subsidiaries in Switzerland, Austria, the USA and Slovenia.
The Company was founded in 1980 and has been listed on the Frankfurt Stock
Exchange since February 2000. FJH AG was included in the Prime Standard
index in January 2003.
For further information please contact:
FJH AG, Dorothea Kurtz, Elsenheimerstr. 65, D-80687 Munich,
Telefon 089 769 01 7002, Telefax 089 769 01 606, E-Mail
dorothea.kurtz@fjh.com
DGAP 20.02.2008
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Language: English
Issuer: FJH AG
Elsenheimerstraße 65
80687 München
Deutschland
Phone: +49 (0)89 769 01-0
Fax: +49 (0)89 769 88-13
E-mail: investor.relations@fjh.com
Internet: www.fjh.com
ISIN: DE0005130108
WKN: 513010
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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DGAP-News: FJH AG: Change to the Executive Board / Order development and preliminary
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