Revenue reaches EUR6.7 billion and profit before tax EUR120m

Fujitsu Siemens Computers, the leading European IT company, is smiling with good reason. Bernd Bischoff, President and CEO, announced at Cebit in Hanover that the company expects to end the fiscal year 2005 (ending 31 March 2006) with revenue of EUR6.7 billion*, continuing a trend with 12% year-on-year growth over the previous fiscal year. In addition, profit before tax (PBT) reached an all time high at EUR120* million, an improvement of 27%* over the previous fiscal year.

In the second half of fiscal year 2005, the company recorded EUR3.8* billion in revenue. Profit before tax reached EUR93* million, which is 26% better than the previous year.

"Fiscal Year 2005 has been a great year for our company, and across EMEA we are smiling," said Bernd Bischoff, President and CEO, Fujitsu Siemens Computers. "We have made significant investments in dynamic data centre and mobility over the past year bringing excellent product and solutions to market."

In product and solutions, Fujitsu Siemens Computers continues with its impressive growth in the mobile space, showing 29%* year-on-year revenue growth for consumer mobiles and 23%* growth in business mobiles. Overall, storage business has now reached the EUR500 million revenue mark. The company`s premier solutions, FlexFrame for mySAP and FlexFrame for Oracle, continue to prove that the company is a leader in grid computing. The company has also won new customers with its PRIMERGY BladeFrame product, brought to market in fall 2005. In addition, Fujitsu Siemens Computers professional products met the European Union RoHS standards well ahead of the July 2006 deadline.

Overall the company recorded 25%* growth in the consumer segment, 20%* growth in the SME segment proving that its retail and channel strategy are what customers in Europe, Middle East and Africa (EMEA) want. "Overall our estimates show that the channel segment is about 80% of the market, while direct is around 20%. We will leave our competition to fight over the 20% and continue to concentrate on the 80%," commented Bischoff.

Fujitsu Siemens Computers also continued to grow revenue year-on-year in various regions across EMEA: recording 51%* in Middle East and Africa, 48%* in Eastern Europe, 37%* in Iberia, 19%* in the Nordics and 14%* in the Benelux region. In addition, the company grew a healthy 3% in Germany, where it is the market leader.

For the fiscal year 2006, which runs from 1 April 2006 through 31 March 2007, Fujitsu Siemens Computers will continue to build resources to help customers innovate through its focus on two key strategic areas: mobility and dynamic data centre. A crucial way to achieving this will be a quick integration of Product Related Service (PRS) into the overall business and the company expects PRS to be profitable this time next year.

"The addition of PRS capabilities into our portfolio is a natural fit for our business. Their capabilities contribute significantly to our dynamic data centre offerings and deliver additional value to customers," commented Bischoff. "This also adds value across our product portfolio as it enhances our `design-2-service` methodology which is based on service data - resulting in higher levels of quality and serviceability of products."

* Subject to final audit approval

You can find the presentation on www.fujitsu-siemens.com/rl/cebit/press.htm.