DGAP-Adhoc: itelligence AG publishes preliminary figures for fiscal 2011

itelligence AG  / Key word(s): Final Results/Forecast

20.01.2012 07:35

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 preliminary figures for fiscal 2011
Revenues improve by 25.8% to MEUR 342.3
Above-average EBIT growth of 36.9% to MEUR 20.4
EBIT margin amounts to 6.0% after 5.5% in previous year
Further revenue and earnings growth forecast for 2012

Bielefeld, January 20, 2012 - itelligence AG successfully concluded fiscal
year 2011 with an extremely strong fourth quarter. According to its
preliminary figures for the past fiscal year, revenues increased by 25.8%,
from MEUR 272.2 in 2010 to MEUR 342.3. This meant that itelligence clearly
exceeded its published revenue forecast of MEUR 330 for 2011 as a whole. In
the fourth quarter of 2011, itelligence generated revenue growth of 22.9%
to MEUR 102.4 (previous year: MEUR 83.3). Orders on hand rose by 17.8%,
from around MEUR 200 at year-end 2010 to MEUR 235.5 as of December 31,
2011.

In percentage terms, itelligence AG's earnings growth was stronger than its
revenue growth, with EBIT amounting to MEUR 20.4 in fiscal year 2011 after
MEUR 14.9 in the previous year - an increase of 36.9%. EBIT in fiscal year
2011 was impacted by non-recurring acquisition expenses of MEUR 1.0 and
amortisation expenses for capitalized customer relationships and orders on
hand from acquisitions in the amount of MEUR 0.9.
As forecast, the EBIT margin amounted to 6.0% in fiscal year 2011 (previous
year: 5.5%). EBIT increased to MEUR 9.1 in the fourth quarter (previous
year: MEUR 7.6), resulting in an EBIT margin of 8.9% (previous year: 9.1%).

itelligence's Management Board is forecasting further revenue and earnings
growth in fiscal year 2012. Revenues are expected to total MEUR 375-400,
with earnings again enjoying above-average growth. The target EBIT margin
is between 6.2% and 6.4%.

Further figures and details can be found in the 2011 Annual Report, which
will be published on March 20, 2012.

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


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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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