DGAP-News: CENIT AG / Key word(s): Half Year Results
CENIT increases sales with its own software significantly, half-year
result 2015 grows by 14%
06.08.2015 / 08:00
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Stuttgart, 6 August 2015 - In the first half of 2015, CENIT AG has
continued its positive EBIT development. This rose by around 14% to EUR k
4,864. Equally pleasing is the significant increase by 25.5% in the sale of
proprietary software. Compared to the same period last year, the Group
generated consistent sales. The PLM segment recorded a slight increase by
0.4%, while in the EIM segment revenues fell by 5.5%.
During the first six months, CENIT group generated sales revenues of EUR k
59,183 (prior year: EUR k 59,700/-0.9%). Sales revenues in CENITs
consulting and services segment decreased by -5.8% to EUR k 25,368 (prior
year: EUR k 26,926). Sales of third-party software sank by approx. -1.5% to
EUR k 25,984 (prior year: EUR k 26,367). Sales proceeds from CENIT's
proprietary software increased from EUR k 6,141 to EUR k 7,707 (25.5%).
The gross yield (operating output less cost of materials) amounted to EUR k
38,154 (prior year: EUR k 36,960), representing growth of 3.2%. CENIT
achieved EBITDA of EUR k 5,904 (prior year: EUR k 5,481/7.7%) and EBIT of
EUR k 4,864 (prior year: EUR k 4,264/14.1%). Results per share were EUR
0.43 (prior year: EUR 0.36).
Orders Development
During the first six months, the group-wide order intake totaled EUR k
66,601 (prior year: EUR k 58,821). On 30 June 2015, orders in hand amounted
to EUR k 39,216 (prior year: EUR k 33,022).
Asset and Financial Situation
The enterprise has no liabilities in relation to credit institutions,
either of a short-term or long term nature. On the balance-sheet date,
equity capital totaled EUR k 35,869 (31 Dec. 2014: EUR k 39,352),
accounting for an equity ratio of 54.4% (31 Dec. 2014: 58.8%). On the
balance-sheet date, bank deposits and liquid assets totaled EUR k 33,999
(31 Dec. 2014: EUR k 33,250). The operative cash flow was EUR k 9,139
(prior year: EUR k 9,098).
Employees
On 30 June 2015, CENIT group employed 629 staff (prior year: 671).
group-wide personnel costs for the reporting period were EUR k 24.779
(prior year: EUR k 24.589). CENIT is currently training 49 young
professionals in various vocations. The trainees include students from the
Dual-Training University of Baden-Württemberg (DHBW) in the fields of
informatics and economics, as well as trainees in the field of information
technology.
Outlook
For the current year, the CENIT Group targets sales growth by 3%. On the
whole, CENIT is anticipating a rise of approximately 5% in earnings (EBIT),
which will be contributed to by both business divisions.
Please visit CENIT's homepage for the full 6 Months Report 2015:
www.cenit.com/reports.
About CENIT:
CENIT has been successfully active for more than 25 years as a leading
consulting and software provider for optimizing business processes in the
fields of Digital Factory, Product Lifecycle Management (PLM), SAP
Solutions, Enterprise Information Management (EIM), Business Intelligence
(BI) and Application Management Services (AMS). CENIT supplements standard
solutions from strategic partners such as Dassault Systèmes, SAP and IBM
with well-established proprietary software developments. These include the
FASTSUITE product family for software solutions in the digital factory
world, cenitCONNECT for SAP PLM-related processes, cenitSPIN as a
high-performance PLM desktop, as well as CENIT ECLISO for efficient
information management. The enterprise employs about 700 staff world-wide,
serving customers e.g. from the automotive, aerospace, mechanical
engineering, tool and mold construction, financial services, commercial and
consumer goods industries.
Please send queries to:
CENIT AG
Investor Relations
Industriestrasse 52-54, D-70565 Stuttgart
Tel.:+497117825-3320
Fax:+49711782544-4320
Email: aktie@cenit.de
Additional Information:
This press/ad hoc report may contain future-oriented statements regarding
the business, financial and earnings situation of, as well as profit
projections for, CENIT. Such future-oriented statements are characterized
by terms or statements such as "the company may" or "the company will",
"expects", "assumes", "is considering", "intends to", "plans", "believes",
"will continue to" and/or "estimates", as well as similar terms and
statements. Such statements contain no guarantee that the projections will
in fact be achieved. Rather, such statements involve risks, imponderables
and assumptions that are difficult to predict and, in addition, are based
on assumptions as to future events which may prove to be incorrect. For
this reason, actual events may diverge significantly from the assumptions
contained in the respective statement. In a future-oriented statement by
which CENIT expresses expectations or assumptions with regard to future
events, these expectations or assumptions are made in good faith, and it
shall be assumed that they are made upon an appropriate basis; however, it
cannot be guaranteed that the said statements, expectations or assumptions
shall indeed occur, or be attained or fulfilled. The actual operative
result may diverge significantly from such future-oriented statements and
is subject to certain risks. In this regard, please refer to the Business
Report of CENIT AG.
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06.08.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
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Language: English
Company: CENIT AG
IndustriestraÃe 52 - 54
70565 Stuttgart
Germany
Phone: +49 (0)711 78 25 - 30
Fax: +49 (0)711 78 25 - 4000
E-mail: aktie@cenit.de
Internet: www.cenit.com
ISIN: DE0005407100
WKN: 540710
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of News DGAP News-Service
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382579 06.08.2015
DGAP-News: CENIT increases sales with its own software significantly, half-year result 2015 grows by 14%
| Source: EQS Group AG