nextevolution AG / Final Results 18.04.2008 Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- +++ nextevolution AG closes Business Year 2007 with strong growth +++ 83-percent increase of overall performance up to 27.2 million euro by organic and anorganic growth +++ EBITDA 1.95 million euro (previous year: 463 TEUR) +++ Acquisitions strengthens market position as integrated IT-service provider with the service focus on enterprise content management Mainz / Hamburg, 18.04.2008: nextevolution AG (ISIN DE 000 A0J C0A 2) has closed the expansion driven business year 2007. In the reporting period, the company boosts its overall performance (sales including changes in inventories and other own work capitalized) from 14.9 million euro up to 27.2 million euro. This 83-percent increase refers basically to the acquisitions of BGS AG and CEO AG, the realisation of cross-selling-potentials on group-level and organic growth. The investment- and growth coined business year 2007 was affected by not operating expenses in the amount of approximately 534 TEUR. These figures include inter alia one nonrecurring effects from the segment change to the prime standard in the amount of approximately 210 TEUR, accruals in the amount of approximately 100 TEUR, severance payments in the amount of approximately 134 TEUR and costs for the close-down of the Frankfurt office, that was due to cost standpoints- put together with the Mainz office of the acquired BGS AG, in the amount of approximately 90 TEUR. On this account, the EBITDA is the more informative figure for the business year 2007. The EBITDA increased from 463 TEUR by 1,485 TEUR to 1,948 TEUR. Despite the extraordinary amortisation within impairment tests in the amount of 184 TEUR and amortisation within the purchase price allocation of the acquired assets of the overtaken companies in the amount of over 200 TEUR, nextevolution increased also the EBIT from -87 TEUR by 939 TEUR to 852 TEUR. The company generated a profit for the year of 275 TEUR (previous year: -430 TEUR). The profit for the year after minority interest amounts 28 TEUR and accords to an earnings per share (diluted/undiluted) of 0.03 EUR as of 31.12.2007. The IFRS reported taxes include by the majority deferred taxes. 'The positive development of the financial figures shows, that the chosen strategic alignment enables a sustainable profitability. By the successful acquisitions we could -on the one hand- expand our IT-service strectrum by the segment of customer relationship management (CRM), on the other hand we managed the market entry in the strived public sector. Moreover, the acquisitions enabled nextevolution the expansion of its service focus enterprise content management. The positive Trend of the present corporate development leads to a leading market position. In the forthcoming year we will improve this good market position again. Our target is to interlink the existing service portfolio and to increase the efficiency on goup-level. The linking-up of the existing service portfolio will enforce the organic growth and strengthen nextevolutions IT-know-how in the market. We backed up our expertise as an IT-service provider in the last business year by winning high potential partnerships with worldwide leading companies. Especially the closeness to SAP in terms of a Special Expertise Partnership and the Premier Partnership with IBM strengthened the expertise of nextevolution in the IT-market', said Peter Ohl, Chief executive officer of nextevolution AG. 'The financial figures reflect the operational success again. The organic and anorganic, 83-percent increase in sales shows nextevolutions dynamic growth trend since the listing in march 2006. We could impressively increase the EBITDA from 463 TEUR by 1,485 TEUR to 1,948 TEUR. This figure corresponds close to the figure determined by a research company. Amortisations within impairment tests in the amount of approximately 184 TEUR and amortisations within the purchase price allocation of the acquisitions in the amount of over 200 TEUR affected the result. Moreover, 2007 was affected by nonrecurring, not operational costs in the amount of 534 TEUR, that are basically made up of the segment change to prime standard, severance payments and other accruals. In the historical comparison and under consideration of the nonrecurring costs, the EBIT development is positive. The increase of the EBIT from -87 TEUR up to 852 TEUR shows a good corporate development. Due to impairment tests, the purchase price allocation and the other accruals, that came up within the preparation of the annual financial statements, we could not reach the forecasted EBIT of 1.5 million euro. For the operating business year 2008, we are optimistic to continue the growth course of the company and to increase the profitability. The full-year-consolidation effects of the acquisitions, the ongoing intensive linking-up of the service portfolio and the discontinuation of a good portion of the not operational costs afford a considerble sales- and result improvement potential. After two investment-affected years, while developing a perfect growth basis in the previous years, the result-focus is in the front. We will use the convenient position of the group for a sustainable increase in profitability', said Nils Manegold, chief financial officer of nextevolution. The annual report 2007 can be downloaded under www.nextevolution.de in the section investor relations. The Management Board Contact: nextevolution AG Robert Koch-Straße 41 55129 Mainz T: +49 6131 914 200 F: +49 6131 914 222 unternehmensinformation@nextevolution.de www.nextevolution.de DGAP 18.04.2008 --------------------------------------------------------------------------- Language: English Issuer: nextevolution AG Robert-Koch-Straße 41 55129 Mainz Deutschland Phone: +49 (0)61 31 / 914 202 Fax: +49 (0)61 31 / 914 222 E-mail: unternehmensinformation@nextevolution.de Internet: www.nextevolution.de ISIN: DE000A0JC0A2 WKN: A0JC0A End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: nextevolution AG closes Business Year 2007 with strong growth
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