Softing AG / Preliminary Results
04.05.2010 14:23
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The Softing Group today announced that based on preliminary figures it
posted sales revenue of EUR 6.9 million (Q1 2009: EUR 6.2 million) in the
first quarter of 2010. At EUR 0.15 million, earnings before interest and
taxes (EBIT) were up almost EUR 1 million year on year (Q1 2009: EUR -0.84
million). Earnings per share were approximately EUR 0.03 (Q1 2009: EUR
-0.09).
Incoming orders in the first quarter of 2010 amounted to EUR 6.7 million,
up 5% compared to the previous year. Orders on hand as of March 31, 2010,
totaled EUR 4.4 million. All this confirms our statement that Softing will
return to the black in 2010.
Dr. Wolfgang Trier, CEO and shareholder of Softing, comments: 'We
experienced very pleasing growth in sales and earnings in the first
quarter, which fills us with optimism for the rest of the year. However,
one must not forget that the reference point for comparing our key figures
is the crisis-ridden year 2009. Furthermore, at this point in time it is
completely uncertain whether the economic recovery will continue through
2010. Compared to our record year 2008, we still have a long way to go.
Nevertheless, after taking a first look back, we face the next legs of our
journey in 2010 with renewed strength.'
The precise figures will be published in the quarterly report on May 14,
2010.
About Softing:
Softing is a global provider of hardware and software for industrial
automation and automotive electronics. The company develops high-quality
standard technology products in close cooperation with its customers.
The Industrial Automation division has established itself as a specialist
provider of fieldbus technology and as a competent partner for the
networking of automation systems. Softing develops solutions for its
customers to connect and diagnose devices, controls and systems involved in
the exchange of data.
Content:
Dr. Wolfgang Trier
Phone.: +49(0)89 45656 0
Email: InvestorRelations@softing.com
Technical realisation:
Phone: +49(0)89 45656 311
Email: koe@softing.com
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Language: English
Company: Softing AG
Richard-Reitzner-Allee 6
85540 Haar
Deutschland
Phone: +49 (0)89 456 56-333
Fax: +49 (0)89 456 56-399
E-mail: InvestorRelations@softing.com
Internet: www.softing.com
ISIN: DE0005178008
WKN: 517800
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart, Hamburg
End of News DGAP News-Service
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DGAP-News: Softing AG: 2010 kicks off with healthy growth
| Source: EQS Group AG