REALTECH AG / Final Results
15.02.2008
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
-Revenue up 17% to EUR 63.8 million
-22% increase in software solutions
-Consulting expanded by 16%
-EBIT up 77% to EUR 6.6 million
-Net income more than doubled
-Dividend of 50 euro-cents planned
Walldorf, February 15, 2008. According to provisional figures, the REALTECH
Groups revenue in fiscal year 2007 rose 17% to the record figure of EUR
63.8 million (2006: EUR 54.4 million). This consisted of an increase of 22%
to EUR 14.0 million (EUR 11.4 million) in REALTECHs revenues from software
solutions and a 16% increase in the consulting business area to EUR 49.8
million (EUR 43.0 million).
Income from operations was also higher than ever before in REALTECHs
history. Earnings before interest, tax, depreciation and amortization
(EBITDA) increased by 49% to EUR 7.6 million (EUR 5.1 million), while a 77%
increase to EUR 6.6 million (EUR 3.7 million) was recorded for EBIT. The
main factor involved in this great development was that both business areas
consulting and software each made a positive contribution towards
earnings. All four quarters of fiscal year 2007 were profitable.
Net income, at EUR 4.6 million, was more than doubled compared to the
previous year (EUR 1.9 million), as were earnings per share at EUR 0.87
(EUR 0.37). Net cash and cash equivalents increased slightly year on year
to EUR 28.1 million (from EUR 28.0 million the year before), despite the
EUR 2.6 million of profits (50 euro-cents per share) distributed in May
2007. Cash flow increased by 80% to EUR 4.3 million (EUR 2.4 million).
4th quarter of 2007:
The 4th quarter was more profitable than all previous quarters, with
revenues increasing by 15% to EUR 18.1 million in comparison to the
previous year (Q4/2006: EUR 15.7 million). This included a 20% increase in
software revenues to EUR 4.5 million (EUR 3.8 million), and a 14% increase
to EUR 13.6 million (EUR 11.9 million) in the area of consulting.
EBITDA increased to EUR 3.3 million (EUR 2.1 million), while EBIT increased
to EUR 3.0 million (EUR 1.7 million).
Net income increased to EUR 2.5 million (EUR 1.0 million), corresponding to
earnings per share of EUR 0.47 (EUR 0.18).
At the General Meeting, scheduled to be held in Wiesloch on May 29, 2008,
the Executive and Supervisory Boards of REALTECH AG will propose
distributing a dividend of 50 euro-cents per share for the net profit
recorded for fiscal year 2007. The two committees made this decision on
February 11, 2008. For the REALTECH Group, this means that retained
earnings following profit distribution will amount to a total of EUR 4.6
million.
REALTECH will be publishing its final consolidated financial statements for
2007 on March 27, 2008.
Contact person:
Volker Hensel
Investor Relations
REALTECH AG, 69190 Walldorf
Tel.: +49 6227 837 500
Fax: +49 6227 837 9134
DGAP 15.02.2008
---------------------------------------------------------------------------
Language: English
Issuer: REALTECH AG
Industriestraße 39c
69190 Walldorf
Deutschland
Phone: +49 (0)6227 837-500
Fax: +49 (0)6227 837 9134
E-mail: investors@realtech.com
Internet: www.realtech.com
ISIN: DE0007008906
WKN: 700890
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
---------------------------------------------------------------------------
DGAP-Adhoc: REALTECH AG: Provisional consolidated annual figures for 2007
| Source: EQS Group AG