Fujitsu Siemens announces record €6.7 billion revenue for 2005

Profit before tax (PBT) reached an all time high at €120* million - an improvement of 27* percent over the previous fiscal year.

In the second half of fiscal year 2005, the company recorded €3.8* billion in revenue. Profit before tax reached €93* million - 26 percent better than the 2004.

"Fiscal Year 2005 has been a great year for our company, and across Europe, Middle East and Africa we are smiling," said Bernd Bischoff, President and CEO, Fujitsu Siemens Computers. "We have made significant investments in Dynamic Data Center and Mobility over the past year which has been reflected in our impressive growth."

The Middle East and Africa was the fastest growing region for Fujitsu Siemens Computers where year-on-year revenue grew by a 51 percent.

"The Middle East and Africa region has flourished in the past year thanks to our improved channel strategies and increasing market awareness,"

said Bischoff.

In product and solutions, Fujitsu Siemens Computers continues with its impressive growth in the mobile space, showing 29* percent year-on-year revenue growth for consumer mobiles and 23* percent growth in business mobiles.

Overall, storage business has now reached the €500 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 autumn 2005.

Overall the company recorded 25* percent growth in the consumer segment and 20* percent growth in the Small & Medium Enterprise segment.

"Our estimates show that the channel segment is about 80 percent of the market, while direct is around 20 percent. We will leave our competition to fight over the 20 percent and continue to concentrate on the 80 percent," commented Bischoff.

Fujitsu Siemens Computers also continued to grow revenue year-on-year in various other regions across Europe, Middle East and Africa (EMEA): 48* percent in Eastern Europe, 37* percent in Iberia, 19* percent in the Nordics and 14* percent in the Benelux region. In addition, the company grew a healthy three percent 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 Center. A crucial way of 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 Center 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."