syskoplan AG / Half Year Results/Quarter Results
30.07.2010 09:16
Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
Annual targets confirmed
Gütersloh, 07/30/2010 - syskoplan today announced the results of the first
half year 2010. In the group, the software integrator achieved revenues of
EUR 27.9 million, 1% less than in the previous year. Earnings before taxes,
interest and depreciation (EBITDA) amounted to EUR 1.5 million after EUR
1.8 million in the last year bringing EBITDA-margin to 5.5% (previous year:
6.3%). Earnings before taxes (EBT) were EUR 0.8 million coming from EUR 1.1
million in 2009. After tax and minority shares syskoplan group obtained net
profits of EUR 0.4 million until now (previous year: EUR 0.1 million).
Improved second quarter - In the second quarter 2010 syskoplan recorded
revenues of EUR 14.2 million, up by 3% compared to the first quarter of
2010. Revenues rose by 5% in relation to the - weak - second quarter 2009.
In the same period EBITDA more than doubled to EUR 1.1 million (Q2 2009:
EUR 0.5 million). EBITDA-margin came to 7.7%.
Liquidity and staff - Cash flow (according to DVFA/SG) in 2010 up to now
amounted to EUR 1.5 million (previous year: EUR 1.3 million). Liquidity was
5% below last year's level amounting to EUR 14.4 million. The equity ratio
rose to 60% (end of 2009: 58%). 415 employees were active in the group at
the end of June 2010 (previous year: 434).
Status and outlook - Meanwhile, the German economy seems a little more
stable compared with 2009, despite the sovereign debt issue, and
enterprises seem to be in a somewhat healthier state than last year. With
returning consumer and business confidence, at short notice, we see a
short-term period of relative stability where things will not get much
better but neither will they get much worse. We assume that the willingness
to invest will revive again in the second half year so that the market
volume in the area of IT services in 2010 will only be on the level of
2009. Against this background we confirm the presented annual goals, that
is to say sales around EUR 55 million (> +1%) and a slightly improved
EBITDA-margin.
For more information please contact:
syskoplan AG
Michael Lückenkötter
Investor Relations, Mergers & Acquisitions
Bartholomäusweg 26
33334 Gütersloh
Germany
Tel. +49 (0)5241-5009-1017
Email: ir@syskoplan.de
30.07.2010 09:16 Ad hoc announcement, Financial News and Press Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|]
---------------------------------------------------------------------------
Language: English
Company: syskoplan AG
Bartholomäusweg 26
33334 Gütersloh
Deutschland
Phone: +49 (0)5241 5009-1017
Fax: +49 (0)5241 5009-1033
E-mail: michael.lueckenkoetter@syskoplan.de
Internet: www.syskoplan.de
ISIN: DE0005501456
WKN: 550145
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hannover, München, Hamburg, Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------------
DGAP-News: syskoplan AG: Improved Second Quarter
| Source: EQS Group AG