Pironet NDH AG / Half Year Results 29.08.2008 Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Pironet NDH catches up and confirms prediction Cologne, Germany, August 29, 2008 Sales revenues of the Pironet NDH group have again increased significantly in the first half of the year. Sales are up by approximately 6.8% and have reached a value of 28.5 million. New all-time highs were achieved in both quarters. In the software and services sectors, a development in the opposite direction has occurred. Whilst sales in the software division reduced from 7.5 million last year to 6.4 million, service sales increased by 15.1% to 22.1 million. The decline in software sales with a simultaneous increase in depreciations (2.7 million after 2.3 million) is reflected in the profit levels. EBIT slipped from 1.4 million to 0.9 million. At the same time, the EBIT margin decreased from 5.1% to 3.2%. However, profitability has been considerably improved throughout the course of the year. EBIT in the first quarter was at 0.3 million, but this was increased to 0.6 million during the period from April to June. The EBIT margin improved between the first and second quarters, rising from 2.3% to almost 4.1%. With slightly weaker financial results (0.5 million after 0.6 million), the same trend applies to EBT (Q.1: 0.5 million; Q.2: 0.9 million), which fell by 30% to 1.4 million. The same pattern is observed for after-tax results. With 1.0 million after 1.6 million the result is considerably weaker, but perceptibly upwards-moving on a quarterly comparison basis. Pironet NDH is entering the second half of the year with optimism. The company is well positioned, has innovative, trend-setting products and wants double-digit growth. Its optimism is founded and substantiated with orders in hand as of 30 June worth 48 million the highest in the company's history. Taking the year as a whole, the board of directors of Pironet NDH AG is expecting a considerable improvement in sales and revenue. Growth will gather pace in the second half of the year. The objective is to exceed the 60 million turnover mark (2007: 53.9 million) with an over-proportionate growth in operating profit. To do so, software sales will need to pick up, which is expected to happen in the fourth quarter. The Board of Directors About Pironet NDH Pironet NDH (established in 1995) offers innovative solutions for the creation, synchronization and distribution of digital content of all kinds, as well as for the optimization of internal and external business processes. The company's main areas of expertise include consulting and conceptual services, software products and the operation of business-critical infrastructures and applications. The listed technology firm is based in Cologne and employs over 450 people across several branches and offices throughout Europe. Its clients include both medium-sized companies and international corporate groups. Further information at: www.pironet-ndh.com Press contact: Pironet NDH Investor Relations Theodor-Heuss Str. 92-100 51149 Cologne Tel.: +49.2203.935 30-3951 Fax: +49.2203.935 30-3959 E-Mail: ir@pironet-ndh.com DGAP 29.08.2008 --------------------------------------------------------------------------- Language: English Issuer: Pironet NDH AG Theodor - Heuss Strasse 92 - 100 51149 Köln Deutschland Phone: +49 (0)220 393530 - 39 Fax: +49 (0)220 393530 - 39 E-mail: ir@pironet-ndh.com Internet: www.pironet-ndh.com ISIN: DE0006916406 WKN: 691640 Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Hannover, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: PIRONET NDH AG:Pironet NDH catches up and confirms prediction
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