DGAP-News: syskoplan AG / Key word(s): Quarter Results
syskoplan AG: Q1: Sales EUR 16 million, EBITDA EUR 1.6 million
06.05.2011 / 09:00
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Guidance 2011 Confirmed
Gütersloh, 05/06/2011 - syskoplan today announced the results of the first
quarter 2011. In the group, the software integrator achieved revenues of
EUR 16.0 million, 17% more than in the previous year. Earnings before
taxes, interest and depreciation (EBITDA) amounted to EUR 1.6 million after
EUR 0.5 million in the last year bringing EBITDA-margin to 10.2% (previous
year: 3.3%). Earnings before taxes (EBT) were EUR 1.4 million coming from
EUR 0.1 million in 2010. Altogether, syskoplan group after tax and minority
shares obtained a net profit of EUR 0.8 million until now (previous year:
net loss EUR -0.1 million).
Last effects of the economic crisis were to be observed in the first
quarter 2010 and explain the marked increase of 17% in the first quarter
2011, now under review. Compared to the last half year of 2010 a clear
normalization of the quarterly results becomes evident (revenue +1%
compared to Q3 2010, revenue -3% compared to Q4 2010).
Liquidity and staff - Cash flow (according to DVFA/SG) up to now amounted
to EUR 1.5 million in 2011 (previous year: EUR 0.4 million). Liquidity
slightly fell to EUR 21.4 million (end of 2010: EUR 22.0 million, Q1 2010:
EUR 16.4 million). The equity ratio remained unchanged at 58%. 408
employees were active in the group at the end of March 2011 (previous year:
417).
Status and outlook - syskoplan carries on expecting the demand for IT
services stemming from delayed IT investments to normalize. The Federal
Association for Information Technology, Telecommunications and New Media
(Bitkom) in its recent study estimates the German market for IT Services to
grow by 4.3% in 2011. This view is backed by the quarterly development of
syskoplan showing a sales increase of 17% on a quarter to quarter basis due
to base effects, but showing a constant trend compared to the three
preceding quarters. Against this background we confirm the presented annual
goals, that is to say a medium one-digit percentage rate for the sales
increase and a slightly improved EBITDA-margin (compared to 10.1% achieved
in 2010).
For more information please contact:
syskoplan AG
Michael Lückenkötter
Director Corporate Development
Investor Relations
Bartholomäusweg 26
33334 Gütersloh
Germany
Tel. +49 (0)5241-5009-1017
Email: ir@syskoplan.de
About syskoplan AG
'Passion for IT': This has been the driving force behind syskoplan for the
past 25 years. The companies in the syskoplan Group develop and implement
innovative IT solutions based on adaptable and agile IT platforms and
extended with customer-specific components. The benefits for the customers
of the syskoplan Group are great: They receive high performance, flexible
and efficient IT. These solutions tailored specifically to the needs of the
customer enable them to stand out in the market thereby creating
sustainable competitive advantages.
As a network of specialized companies, the syskoplan Group combines the
performance of a large corporation with the agility and flexibility of
small units. Common values are at the core of all business behavior in the
syskoplan Group. These values are the foundation of the successful work we
do for our customers. Approximately 410 employees generated sales of EUR 60
million in fiscal year 2010. At the center of the Group is syskoplan AG,
founded in 1983 and listed on the Frankfurt stock exchange since November
2000.
The integration of the syskoplan Group into the international network of
their main shareholder Reply S.p.A. ensures access to the know-how of
approximately 3,150 IT experts. Reply focuses on developing and
implementing solutions based on new communication channels and digital
media.
End of Corporate News
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Language: English
Company: syskoplan AG
Bartholomäusweg 26
33334 Gütersloh
Deutschland
Phone: +49 (0)5241 5009-1017
Fax: +49 (0)5241 5009-1510
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, Hamburg, Hannover,
München, Stuttgart
End of News DGAP News-Service
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123264 06.05.2011
DGAP-News: syskoplan AG: Q1: Sales EUR 16 million, EBITDA EUR 1.6 million
| Source: EQS Group AG