DGAP-News: itelligence AG generates best results in the history of the Company


itelligence AG / Final Results

13.03.2008 

Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------

itelligence AG generates best results in the history of the Company

· Revenues improve by 16.5% to MEUR 190.9
· EBIT climbs up 62.0% to MEUR 11.5 
· Earnings per share rise from EUR 0.25 to EUR 0.36
· Orders on hand increase by 28.0% to MEUR 150.3

Bielefeld, March 13, 2008 – itelligence AG, one of the leading
international full-service IT providers for SAP, has confirmed the positive
development of the last few years with the presentation of its final
figures for the past fiscal year. Revenues growth of 16.5% to MEUR 190.9
(previous year: MEUR 163.8) significantly exceeded forecasts, which were
between MEUR 175 and MEUR 185. In the fourth quarter, the Company increased
its total revenues by 16.8% from MEUR 47.0 to MEUR 54.9. Orders on hand
rose to MEUR 150.3 by the end of the year (previous year: MEUR 117.4), an
increase of 28.0%. The number of employees throughout the Group grew by 15%
from 1,071 to 1,228 at the end of 2007.

Herbert Vogel, CEO of itelligence AG, said about fiscal year 2007: 'This
fiscal year really went excellently. We forecast a good 2007 at the start
of the year – but we beat our original projections for revenues and
earnings. All the employees in the Company played a crucial part in this.'

The largest increase in revenues was in the Consulting area, which saw a
rise of +18.3%. MEUR 113.1 was generated here in the past fiscal year
(previous year: MEUR 95.6). Thus, at 59.2%, the Consulting area is still
the strongest in itelligence AG. The Licenses area also posted growth of
15.5% to MEUR 23.8 (previous year: MEUR 20.6), as did the Outsourcing &
Services area, which contributed MEUR 53.6 (previous year: MEUR 46.9) to
total revenues, an increase of 14.3%. As in previous years, Germany and
Austria were again the region with the highest revenues. A share of MEUR
96.3 (up 34,7%) was generated in these countries compared to MEUR 71.5 last
year. Thus, this region accounted for 50.4% (previous year: 43.7%) of total
revenues at itelligence AG. The Americas segment generated 23.9% (previous
year: 27.5%), Western Europe 16.6% (previous year: 17.3%) and Eastern
Europe 7.4% (previous year: 9.4%) of total revenues of itelligence AG.

Significant improvement in consolidated net profit and earnings per share

itelligence AG increased its net profit in accordance with IFRSs
significantly from MEUR 5.5 in 2006 to MEUR 8.1 in fiscal year 2007. This
corresponds to growth of 47.3%. Parallel to this, earnings per share
increased by 44% from EUR 0.25 to EUR 0.36. Operating earnings (EBIT)
climbed to MEUR 11.5 (previous year: MEUR 7.1), an increase of 62.0%. The
EBIT margin thus improved from 4.3% to 6.0%. In the fourth quarter, the
Company generated EBIT of MEUR 3.7 (previous year: MEUR 3.3).

As in 2006, cash flow development was extremely positive in 2007. At MEUR
14.7, cash flow from operating activities virtually doubled (previous year:
MEUR 8.8).

Positive outlook for 2008

The new CFO Norbert Rotter is confident for fiscal year 2008: 'We are
assuming that we will generate sales of between MEUR 210 and MEUR 214 and
an EBIT margin within a range of 6.2% to 6.4%. We also intend to continue
growing more strongly than the IT services market.'

A detailed account of fiscal year 2007 can be found in the Annual Report on
the Company’s homepage at www.itelligence.de.

itelligence is one of the leading international full-service IT providers
for SAP employing more than 1,220 highly qualified employees in 16
countries and in 5 regions (Americas, Asia, Western Europe, Eastern Europe
and Germany/Austria). As a mySAP Business, Service and Support Alliance as
well as Global Partner Hosting and Global Partner Services, itelligence
realizes complex projects in the SAP environment for over 2,500 customers
worldwide. In 2006, itelligence obtained the status as Gold Partner SAP in
Germany, U.S. followed in 2007. The company’s services range from SAP
strategy consulting and licensing through proprietary industry-specific SAP
solutions to outsourcing and services. In 2007, itelligence generated total
sales of MEUR 190.9.

Katrin Schlegel
Fon: +49 (0) 521-91 448 106
Fax: +49 (0) 521-91 445 201
Katrin.Schlegel@itelligence.de  
itelligence AG
Königsbreede 1
33605 Bielefeld
http://www.itelligence.de


DGAP 13.03.2008 
---------------------------------------------------------------------------
Language:     English
Issuer:       itelligence AG
              Königsbreede 1
              33605 Bielefeld
              Deutschland
Phone:        +49 (0)521 91448-106
Fax:          +49 (0)521 91445-201
E-mail:       katrin.schlegel@itelligence.de
Internet:     www.itelligence.de
ISIN:         DE0007300402
WKN:          730 040
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News                                     DGAP News-Service
---------------------------------------------------------------------------