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Revenue held almost flat while
market declined substantially.
Profit before tax € 7.9 million after charging
restructuring costs of € 54.6 million.
The Board of Management presents its report and
the audited financial statements for the year ended
March 31, 2003.
Principal activities and strategy
Fujitsu Limited and Siemens AG have established
Fujitsu Siemens Computers (Holding) BV (the
Company) as a joint venture holding company
owning companies (which together comprise the
Group) with the purpose of developing, manufacturing,
distributing, marketing, selling, leasing and servicing
computer products in markets across Europe, the
Middle East and Africa. Computer products comprise
server systems, mainframes, storage products, mobiles
and personal computers and related system software
and services.
Serving the needs of large enterprises, small and
medium businesses and consumers, the Group offers
one of the worlds most complete IT product
and solution portfolios. Our leading-edge technology
and innovative products span the entire range of
personal and enterprise computing needs. With manufacturing
facilities in Germany and approximately 7,400 employees
serving our customers, the Group operates in all
key markets across Europe, the Middle East and Africa.
Fujitsu Siemens Computers offers a full range of
IT products for enterprise computing ranging from
best-in-class Intel- and Unix-based servers to mainframes
and enterprise storage solutions. We are also one
of the leading providers of mobiles, PCs and workstations
to business customers, and are the no. 1 supplier
of computers for home users in Europe.
The Group benefits from the strengths and the innovative
power of its parent companies Fujitsu Limited and
Siemens AG. The global co-operation with Fujitsu
and Siemens also provides access to a worldwide
network of service and integration partners.
Our strategic direction remains focused on Mobility
and Business Critical Computing. Business Critical
Computing harnesses the core competencies of Fujitsu
Siemens Computers and is concerned with building
secure, reliable and scalable IT infrastructures,
for both current and future e-business environments.
We continue to address the ever-increasing demand
for advanced solutions that support the mobility
of users with anytime access to Internet services
and applications independent of location
and device.
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