DGAP-News: First half of 2015 for secunet: increase in revenues, improvement in earnings


DGAP-News: secunet Security Networks AG / Key word(s): Half Year
Results
First half of 2015 for secunet: increase in revenues, improvement in
earnings

05.08.2015 / 08:00

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First half of 2015 for secunet: increase in revenues, improvement in
earnings

  - Revenues grew in the first half of the year by 23%

  - EBIT increased by 1.5 million euros compared to the previous year

  - 2015 forecast unchanged

[Essen, 5 August 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, published
its Half-Year Report for 2015 today.

In the first half of 2015, the secunet Group increased revenues by 23% from
28.8 million euros in the previous year to 35.3 million euros.

The growth in revenues can be attributed to the increase in sales for
products and services relating to cyber security and for the SINA
cryptographic products, which the Public Sector business unit supplies to
public clients. This sees the Public Sector business unit continue to
account for the majority of the secunet Group revenues at 85% (previous
year: 77%). Compared to the previous year, revenues in the Public Sector
business unit rose by 34% from 22.3 million euros to 29.9 million euros.

Revenues in the Business Sector business unit, which offers services and
solutions to meet the specific requirements of companies in the private
sector, were 5.4 million euros in the first half of 2015, compared to 6.5
million euros in the same period of the previous year.

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 0.3
million euros. The secunet Group generated group earnings for the first
half of 2015 of 0.5 million euros compared to -0.9 million euros in the
previous year. Diluted and undiluted earnings per share at the end of the
first half of 2015 stood at 0.07 euro, compared to -0.14 euro in the
previous year.

"The consistently positive business performance from secunet in the first
half of this year confirms our long-term strategic focus," says Dr Rainer
Baumgart, Chairman of the Management Board of secunet Security Networks AG.
"We offer our customers high-quality, reliable cyber security made in
Germany, and in doing so, we meet their needs and lay the foundations for
future growth."

The order book of the secunet Group according to IFRS was 39.3 million
euros at the end of June 2015 and is up 12% compared to 30 June 2014 (35.1
million euros). The revenues in the second half of 2014 were heavily
influenced by the effects of recovery in purchases by major customers.
These effects are not expected in 2015. 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 Half-Year 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: 9-Month Report 2015 on 4
November 2015.


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 350 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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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                                           
 
 
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