Integralis AG / Final Results/Quarter Results
14.08.2008
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
- Further 18.4% increase in revenues
- Operating profit up 51.1%
- Substantial increase in cash flow from operating activities to 2.6
million
- Highest order backlog in the Companys history
Ismaning, August 14, 2008 - Integralis AG, the internationally leading IT
security systems provider listed in the Prime Standard, was able to
continue its strong start to the year seamlessly in the second quarter of
2008.
Figures at a glance:<pre>
Jan. - Jan. - Change
June 2008 2007 %
Revenues mn 80.4 68.0 18.4
EBITDA mn 2.5 2.2 12.8
EBIT mn 1.6 1.0 51.1
EBIT margin % 1.9 1.5 27,7
Net profit for period mn 1.6 1.6 Unch.
Cash flow from operating mn 2.6 -0.3 n.a.
activities
Earnings per share* 0.14 0.15 -6.6</pre>
Integralis achieved consolidated revenues of EUR 80.4 million in the first
half of 2008 (previous year 68.0 million). At 18.4%, revenue growth
continued with unabated momentum despite muted economic conditions and the
persistently strong euro. United Kingdom and the GAS region (Germany,
Austria, Switzerland) accounted for the lions share of consolidated
revenues. After a weak first quarter, US business also turned the corner.
The gross margin stood at 32.6% at the end of the first half, with a
slightly higher figure of 33.0% achieved for the second quarter. As a
result of the sharp rise in technology sales, the cost of materials rose to
54.2 million (previous year 43.1 million). However, at 17.8 million
(previous year 16.6 million), personnel costs did not grow as quickly as
revenues. As it was possible to lower other operating expenses slightly (
6.0 million vs. 6.1 million), Integralis achieved EBITDA of 2.5 million
in the first half of the year (previous year 2.2 million). The increase
in EBIT was even more pronounced as amortisation charges recognised in
connection with the order backlog of an acquired company had exerted
additional pressure in the previous year. In the first six months of
2008,Integralis generated EBIT of 1.6 million (previous year 1.0
million), a year-on-year increase of 51.1 percent. At 1.6 million,
post-tax earnings, however, were exactly on a par with the previous year (
1.6 million) due to the fact that greater deferred taxes had been
recognised in the previous year and the Groups now improved profitability
has resulted in increased income tax expense. On an encouraging note, the
strong net cash inflow from operating activities of 2.6 million (previous
year net cash outflow of 0.3 million) is strengthening the Groups
internal financing resources.
Despite the challenges posed by the economy, CEO Georg Magg considers
Integralis to be well poised for the future. 'We have the largest order
backlog in our history and are expecting to receive further major MSS
contracts in the third quarter. The recently announced portfolio extension
and regional expansion into growth markets is reinforcing Integralis
future strategic orientation on its path to achieving greater sustained
profitability,' says Georg Magg, confirming that the company is on track to
achieving its previous guidance.
About Integralis
As a leading international IT security solutions provider, Integralis
offers its customers expert consulting and tailored services to protect
their critical business processes. The Integralis product portfolio is
based on leading-edge technologies and strategic partnerships oriented to
planning, implementing and operating overarching information security
architectures. Backed by top-quality skills and experience, the Integralis
consulting team supports customers IT security projects by offering
structured methodical and technical consulting and implementation services.
Integralis services provide 7/24 multilingual support for the day-to-day
operation of customers security systems around the world. Services
comprise the telephone hotline, remote monitoring and administration as
well as on-site support. Under the Integralis name, a global network of
branches serves a large number of blue-chip companies and public
authorities as well as many national and international businesses.
Integralis AG is listed in Deutsche Börse AGs Prime Standard (ticker
symbol AAGN, ISIN DE0005155030). Further information on Integralis is
available on the Internet at www.integralis.com.
Contact:
Integralis AG
Peter Banholzer (IR)
Tel:+49 89 945 73 178
peter.banholzer@integralis.com
DGAP 14.08.2008
---------------------------------------------------------------------------
Language: English
Issuer: Integralis AG
Robert-Bürkle-Str. 3
85737 Ismaning
Deutschland
Phone: +49 (0)89 94573-178
Fax: +49 (0)89 94573-180
E-mail: ir@integralis.com
Internet: www.integralis.com
ISIN: DE0005155030
WKN: 515503
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
---------------------------------------------------------------------------
DGAP-News: Integralis AG:Integralis reporting further revenue and earnings growth in the first half of 2008
| Source: EQS Group AG