InVision Software AG / Key word(s): Quarter Results 15.11.2010 17:05 --------------------------------------------------------------------------- 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 15.11.2010 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. 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: InVision Software AG HalskestraÃe 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 ---------------------------------------------------------------------------
DGAP-News: InVision Software AG Achieves Highest Revenues for the First Nine Months of the Year in the History of the Company
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