DGAP-News: InVision Software AG Achieves Highest Revenues for the First Nine Months of the Year in the History of the Company


InVision Software AG  / Key word(s): Quarter Results

15.11.2010 17:05
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CORPORATE NEWS

InVision Software AG Achieves Highest Revenues for the First Nine Months of
the Year in the History of the Company
  - 51 percent revenues growth in the third quarter, 17 percent in the
    entire year
  - Net result up EUR 0.8 million
  - Full year guidance confirmed

Ratingen (Germany), November 15th, 2010 - InVision Software AG (ISIN:
DE0005859698), a leading international provider of enterprise-wide
workforce management solutions, achieved the highest revenues for the first
nine months of 2010 in the history of the company and confirms its
preliminary figures for the first three quarters of 2010. Group revenues
went up 17 percent to EUR 10.7 million. Growth dynamics increased
considerably during the course of the year. In the third quarter of 2010,
revenues were up 51 percent year on year. The operating result (EBIT)
amounted to EUR -0.2 million after the first nine months. In the third and
second quarter of 2010 however, the company generated positive EBIT of
around EUR 0.5 million respectively. Liquid funds increased from EUR 4.5
million at the end of 2009 to EUR 6.2 million as of 30 September 2010. Net
profit in the first nine months of 2010 was EUR 0.8 million compared to a
loss of EUR 3.1 million in the previous year's period. Earnings per share
came to EUR 0.37 (previous year: EUR -1.39).

Total revenues increased in all business areas. Licence revenues rose by 19
percent, maintenance revenues 12 percent and service revenues 23 percent.
In the first nine months of 2010, the highest rise in demand was recorded
in Germany, Austria and Switzerland, where revenues were 41 percent up on
the previous year. Foreign business development also became increasingly
dynamic during the course of the year and order backlog on 30 September
2010, was significantly up year on year.

InVision Software AG is confirming its 2010 guidance and continues to
expect group revenues to rise by 25 percent to EUR 15 million. The company
also anticipates EBIT of EUR 1.0 million.

The complete Financial Report Q3-2010 is available on the company website
at
http://www.invisionwfm.com/uk/global_pages/investor_relations/financial_re
ports.

About InVision Software
InVision Software is a world-leading supplier of enterprise-wide workforce
management solutions which enable companies to optimise their staff
planning and scheduling processes. InVision empowers customers to reduce
personnel costs, increase productivity, improve employee satisfaction and
to boost revenue by leveraging better customer service. Founded in 1995 and
based in Ratingen (Germany), InVision currently employs around 170 WFM
specialists and has offices across Europe, North America, and South Africa.
InVision Software AG (IVX) is listed in the Prime Standard Segment of the
Frankfurt Stock Exchange. Among InVision's clients are numerous
international blue chip companies, such as ABN Amro, Allianz, BMW, Deutsche
Telekom, IKEA, Sky and Vodafone.

Further information: www.invisionwfm.com

Contact:
edicto GmbH, Dr. Sönke Knop
Eschersheimer Landstrasse 42-44
60322 Frankfurt am Main
phone: +49 (69) 90550-551
fax: +49 (69) 90550-577
email: kontakt@edicto.de




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Language:     English
Company:      InVision Software AG
              Halskestraße 38
              40880 Ratingen
              Deutschland
Phone:        +49 (0)2102 / 728-0
Fax:          +49 (0)2102 / 728-111
E-mail:       info@invision.de
Internet:     www.invision.de
ISIN:         DE0005859698
WKN:          585969
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in München, Düsseldorf, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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