DGAP-News: secunet Security Networks AG / Key word(s): Quarter Results
secunet 3-Month Report 2015: increased revenues, improved earnings
06.05.2015 / 08:00
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secunet 3-Month Report 2015: increased revenues, improved earnings
- Revenues increase by 26% to Euro 17.3m
- EBIT improves from -1.3 million euros to -0.6 million euros
- 2015 forecast confirmed
[Essen, 6 May 2015] secunet Security Networks AG (ISIN DE0007276503, WKN
727650), a leading German supplier of high-quality, reliable IT security
and an IT security partner of the Federal Republic of Germany, publishes
its 3-Month Report for 2015 today.
In the first quarter of 2015, the revenues of the secunet Group grew by
26%, from 13.8 million euros in the previous year to 17.3 million euros.
The increase in revenues can be attributed to a sharp rise in the Public
Sector business unit.
The Public Sector business unit continues to contribute the majority of the
secunet Group revenues. This business unit generated 84% of the Group
revenues in the first quarter of 2015 (previous year: 78%). Compared to the
previous year, revenues in the Public Sector rose by 41% from 10.2 million
euros to 14.4 million euros. The Public Sector business unit offers its
customers SINA encryption products, a wide range of products and services
relating to cyber security for public clients as well as technologies for
modern border control systems.
Revenues in the Business Sector (services and solutions for the specific
requirements of companies in the private sector) fell from 3.5 million
euros in the first quarter of 2014 to 2.9 million euros.
The costs in the secunet Group rose less sharply than revenues:
accordingly, the earnings before interest and taxes (EBIT) of the secunet
Group improved compared to the previous year from -1.3 million euros to
-0.6 million euros. The secunet Group generated group earnings for the
first quarter of 2015 of -0.3 million euros compared with -0.9 million
euros in the previous year. Diluted and undiluted earnings per share in the
first quarter of 2015 stood at -0.04 euros compared with -0.14 euros in the
previous year.
"We have made a great start to the 2015 financial year with the results
from the first quarter," says Dr Rainer Baumgart, Chairman of the
Management Board of secunet Security Networks AG. "The consistently high
demand for high-quality and reliable cyber security made in Germany will
continue to be a success factor for secunet."
The order book of the secunet Group according to IFRS was 35.8 million
euros at the end of March 2015. Compared with the figure at 31 March 2014
(35.6 million euros), the order book is almost unchanged. In light of this,
the Management Board is confirming its forecast for the 2015 financial
year: it expects revenues and EBIT to remain at around the same level as in
the previous year.
The 3-Month Report 2015 for secunet Security Networks AG is available to
download at www.secunet.com under Investor Relations > News and
Publications. Next date in the financial calendar: 13 May 2015 Ordinary
General Meeting.
Press contact
Christine Skropke
Spokesperson
Patrick Franitza
Dep. Spokesperson
secunet Security Networks AG
Kronprinzenstrasse 30
45128 Essen/Germany
Phone +49 201 54 54-1234
Fax +49 201 54 54-1235
E-mail: presse@secunet.com
http://www.secunet.com
About secunet
secunet is one of the leading German providers of high-quality IT security.
Over 340 experts work in the areas of cryptography, e-government, business
security and automotive security, and develop innovative products in these
fields in addition to highly secure and reliable solutions. Many DAX
companies as well as numerous authorities and organisations are among
secunet's national and international customers, which total over 500.
secunet is IT security partner of the Federal Republic of Germany and
partner in the Alliance for Cyber Security.
secunet was founded in 1997 and achieved sales of EUR 82.2 million in 2014.
secunet Security Networks AG is listed on the Prime Standard of the German
Stock Exchange
Additional data is available from www.secunet.com
Disclaimer
This press release contains prospective statements. Prospective statements
are statements which do not describe actual facts from the past; they also
comprise of statements about our suppositions and expectations. Every
statement in this press release which reflects our intentions,
suppositions, expectations or forecasts (together with the suppositions
which give rise to such views) constitutes a prospective statement. These
statements refer to plans, estimates and forecasts which the management of
secunet Security Networks AG currently dispose of. Thus prospective
statements only refer to the day on which they were made. We shall accept
no obligation to further develop such statements in the light of new
information or future results.
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06.05.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
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Language: English
Company: secunet Security Networks AG
Kronprinzenstrasse 30
45128 Essen
Germany
Phone: +49 (0)201 - 5454 - 1227
Fax: +49 (0)201 - 5454 - 1228
E-mail: investor.relations@secunet.com
Internet: www.secunet.com
ISIN: DE0007276503
WKN: 727650
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart
End of News DGAP News-Service
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353161 06.05.2015
DGAP-News: secunet 3-Month Report 2015: increased revenues, improved earnings
| Source: EQS Group AG