DGAP-News: PSI Aktiengesellschaft für Produkte und Systeme der
Informationstechnologie / Key word(s): Quarter Results/Preliminary
Results
PSI Increases New Orders, Sales and Profits in Third Quarter
23.10.2014 / 13:14
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PSI Increases New Orders, Sales and Profits in Third Quarter
Profit growth in electrical energy and logistics
PSI Group increased its sales in the third quarter by 4 % to 43.0 million
Euros (3rd quarter 2013: 41.4 million Euros). The EBIT, which - due to
one-off expenses - was negative in the same quarter of the previous year,
improved to 1.8 million Euros (3rd quarter 2013: -2.8 million Euros). The
volume of new orders in the third quarter was, at 44 million Euros, 29 %
above the figure for the same period last year and therefore also
significantly above the figure for the second quarter of 2014 (3rd quarter
2013: 34 million Euros, 2nd quarter 2014: 33 million Euros).
The electrical energy business continued its upward trend in the third
quarter with strong new orders and a significant improvement in the EBIT.
In the logistics business, the last remaining encumbrances from the
previous year of one million Euros were finally booked. The business units
automotive and machinery (PSIPENTA) and logistics made significant
contributions to the result in the course of "Industry 4.0".
The new mining control system is currently undergoing its initial
operational tests at a major Chinese customer; an important license payment
was made to PSI by another customer. In infrastructure management, PSI
recorded a high volume of new orders from long-standing and new customers
in Germany, Switzerland and Malaysia, so that a significant increase in the
EBIT is expected for the fourth quarter.
In view of the current geopolitical risks and the delay of export
contracts, the PSI Management Board does not intend to forecast profits for
the entire year of 2014 at present, but expects new orders at the level of
the previous year. The complete report for the first nine months of the
year will be published as planned on 30 October 2014.
On the basis of its own software products, PSI AG develops and integrates
complete solutions for energy management (gas, oil, electricity, heat,
energy trading), production management (mining, metals, automotive,
mechanical engineering, logistics) and infrastructure management for
transport and safety. PSI was founded in 1969 and employs nearly 1,700
persons worldwide. www.psi.de
PSI AG
Karsten Pierschke
Head of Investor Relations and Corporate Communications
DircksenstraÃe 42-44
10178 Berlin
Germany
Phone +49 30 2801-2727
Fax +49 30 2801-1000
E-Mail: KPierschke@psi.de
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Language: English
Company: PSI Aktiengesellschaft für Produkte und Systeme der
Informationstechnologie
DircksenstraÃe 42-44
10178 Berlin
Germany
Phone: +49 (0)30 2801-0
Fax: +49 (0)30 2801-1000
E-mail: ir@psi.de
Internet: www.psi.de
ISIN: DE000A0Z1JH9
WKN: A0Z1JH
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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293036 23.10.2014
DGAP-News: PSI Increases New Orders, Sales and Profits in Third Quarter
| Source: EQS Group AG