REALTECH AG / Key word(s): Quarter Results 21.10.2010 13:20 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- *Group revenue changed from EUR 46.1 million to EUR 44.5 million *Software revenue of EUR 8.3 million *Consulting revenue of EUR 36.2 million *9-month EBIT of EUR 1.1 million - Q3 EBIT of EUR 0.9 million *Cash flow increased Walldorf, October 21, 2010. REALTECH AG's Group revenue changed in the first nine months of 2010 by 3% to EUR 44.5 million (first nine months of 2009: EUR 46.1 million). This included a 5% fall in software revenue to EUR 8.3 million (EUR 8.8 million). In consulting, revenue fell by 3% to EUR 36.2 million (EUR 37.3 million). In contrast EBITDA (earnings before interest, tax, depreciation, and amortization) increased to EUR 1.9 million (EUR 1.8 million) while EBIT (earnings before interest and tax) fell to EUR 1.1 million (EUR 1.3 million). Net income doubled to EUR 0.6 million (EUR 0.3 million) and earnings per share therefore amounted to EUR 0.11 (EUR 0.05). The cash flow increased to EUR 3.0 million (EUR 2.4 million). As a result of the dividend of EUR 2.7 million distributed in the 2nd quarter, net cash and cash equivalents at the end of September 2010 stood at EUR 7.4 million, compared to EUR 7.3 million at the end of 2009 and EUR 5.6 million at the end of last September. 3rd quarter of 2010: Group revenue of EUR 15.3 million was nearly on the same level as prior year (3rd quarter of 2009: EUR 15.5 million). Software revenue fell by 21% to EUR 2.8 million (EUR 3.5 million). In contrast Consulting revenue increased by 5% to EUR 12.5 million compared to the previous year (EUR 12.0 million). EBITDA fell to EUR 1.1 million (EUR 1.8 million) while EBIT decreased to EUR 0.9 million (EUR 1.5 million). Net income amounted to EUR 0.3 million (EUR 0.9 million), corresponding to earnings per share of EUR 0.06 (EUR 0.16). This development confirms the forecast published on July 8th,, 2010, that because of the short-term challenges in Spain and particularly the structural difficulties in Italy and investments in the software sales partnership with SAP, REALTECH's aim of increasing EBIT by more than 20% in 2010 and achieving moderate growth in revenues is unlikely to be achieved. REALTECH will be publishing its quarterly report for Q3/2010 on November 4, 2010. Contact person: Volker Hensel Investor Relations REALTECH AG, 69190 Walldorf Tel.: +49 6227 837 500 Fax: +49 6227 837 9134 investors@realtech.com www.realtech.com 21.10.2010 13:20 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: REALTECH AG IndustriestraÃe 39c 69190 Walldorf Deutschland Phone: +49 (0)6227 837-500 Fax: +49 (0)6227 837 9134 E-mail: investors@realtech.com Internet: www.realtech.com ISIN: DE0007008906 WKN: 700890 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Hamburg, München, Düsseldorf, Berlin, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: REALTECH AG: Provisional 9-month and quarterly figures for 2010
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