DGAP-Adhoc: itelligence AG publishes figures for first nine months of 2011

itelligence AG  / Key word(s): Quarter Results

20.10.2011 07:48

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
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itelligence AG publishes figures for first nine months of 2011

Revenues up 27.1% to MEUR 239.9
EBIT improves by 53.4% to MEUR 11.2
Orders on hand increase by 20% year-on-year to MEUR 231.0

Bielefeld, October 20, 2011 - itelligence AG continued its strong
performance during the year to date in the third quarter of 2011, with
revenues rising from MEUR 69.5 in the third quarter of the previous year to
MEUR 86.4. This corresponds to revenue growth of 27.1% for the first nine
months of the year, from MEUR 188.8 to MEUR 239.9. This positive
development was driven primarily by itelligence AG's organic growth
(17.2%), while the revenue contribution from acquired companies amounted to
9.9%. Orders on hand increased by MEUR 38.5 to MEUR 231.0 at the end of the
third quarter of 2011 after MEUR 192.5 one year previously.

Within its revenue areas, itelligence AG again saw particularly strong
growth in Consulting revenues, which totaled MEUR 137.2 in the first nine
months of 2011 after MEUR 101.9 in the same period of the previous year -
an increase of 34.6%. The Licenses division recorded revenue growth of
17.4%, from MEUR 17.2 to MEUR 20.2, while Outsourcing & Services increased
its revenues to MEUR 82.0, up 18.3% on the figure of MEUR 69.3 for the
first three quarters of 2010.

itelligence AG's earnings continued to an even greater extent than revenue
growth, with EBIT (earnings before interest and taxes) rising by 53.4% in
the first nine months, from MEUR 7.3 to MEUR 11.2. Accordingly,
itelligence's EBIT margin improved from 3.9% to 4.7% in the same period. In
the year to date, EBIT has been impacted by non-recurring acquisition
expenses in the amount of MEUR 1.0.

Based on this stable development, the Management Board is confirming the
guidance it raised after the first half of the year 2011. itelligence
expects to record revenues of at least MEUR 330 and an EBIT margin of
between 6.0% and 6.2% for fiscal 2011 as a whole.

Further details will be published together with the Interim Report 3/2011
on October 27, 2011.

Contact: Katrin Schlegel, itelligence AG, tel: +49 (0) 521 - 91 44 8106;
katrin.schlegel@itelligence.de


20.10.2011 DGAP's Distribution Services include Regulatory Announcements,
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Language:     English
Company:      itelligence AG
              Königsbreede 1
              33605 Bielefeld
              Germany
Phone:        +49 (0)521 91448-106
Fax:          +49 (0)521 91445-201
E-mail:       katrin.schlegel@itelligence.de
Internet:     www.itelligence.de
ISIN:         DE0007300402
WKN:          730 040
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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