Utimaco Safeware AG / Half Year Results
14.01.2008
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Ad Hoc Report in Accordance with § 15 WpHG
(German securities trade act)
Utimaco Reports a Strong Second Quarter 2007/2008
Oberursel, 14th January 2008 According to current calculations, Utimaco
Safeware has achieved record revenues of around 18.5 million in the
second quarter (October to December 2007) of fiscal year 2007/2008 (July
2007 to June 2008). This represents an increase of around 23% compared to
the same period in the previous year (previous year 15.0 million).
Revenues include an order worth more than a million Euros for the new
SafeGuard Enterprise product generation. Against the background of the
transitional phase to the new product portfolio, the company had expected
to see a sideways movement in its revenue streams in the first six months
of this fiscal year. However, unexpectedly strong performance in the second
quarter resulted in revenues increasing by around 13% to 29.5 million
(previous year 26.1 million) in the first six months.
According to preliminary estimates the company expects an EBITDA in the
second quarter of 2007/2008 of around 6.0 million (previous year: 5.3
million). Consequently the EBITDA after the first six months of fiscal year
2007/2008 would be approximately 7.5 million (previous year 8.1
million). When comparing the current earnings with those for the same
period in the previous year, it should be taken into account that, in the
current fiscal year 2007/2008, there are no gains to the result from the
capitalization of development costs for SafeGuard Enterprise. In the second
quarter of the previous fiscal year the software capitalization equaled
1.1 million, and totaled 1.8 million in the first six months of the
previous fiscal year.
The final results for the first six months of fiscal year 2007/2008 will be
published on 28th February 2008 and discussed in an analysts conference.
Utimaco Safeware AG, with headquarters in Oberursel, near Frankfurt am
Main, Germany, is listed in the Prime Standard in the Frankfurt securities
exchange (ISIN DE0007572406).
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Information and Explaination of the Issuer to this News:
'We expected to see double-digit growth and the first large orders for our
new SafeGuard Enterprise product generation by the second part of fiscal
year 2007/2008', said Christian Bohne, CFO of Utimaco Safeware AG. 'We can
now face fiscal year 2007/2008 with confidence and underpin our forecasts
of a double-digit growth rate in the second half of the fiscal year and
stable profitability for the fiscal year as a whole.'
Utimaco Safeware AG The Data Security Company
Utimaco is the leading provider of data security solutions. The Data
Security Company enables both large and medium-sized companies and
organizations to protect their electronic assets against attack and
guarantee the confidentiality and integrity of their data in accordance
with all the relevant legal data protection requirements. In response to
twenty-first century threats, Utimacos complete range of solutions
provides full 360 degree protection unlike end-point encryption solutions
which only cover specific security needs. Only SafeGuard solutions can
protect and manage data both during storage (data at rest), during
transmission (data in motion) and during processing (data in use). With its
global network of certified partners and subsidiaries in Europe, the USA
and Asia, Utimaco can support its customers directly, wherever they are.
Utimaco Safeware AG, with headquarters in Oberursel, near Frankfurt,
Germany, is listed on the Frankfurt Stock Exchange (ISIN DE0007572406). For
more information, go to: http://www.utimaco.com.
Utimaco Safeware AG
Hohemarkstr. 22
61440 Oberursel
www.utimaco.com
Jutta Stolp, CIRO
Investor
Relations
Tel.: +49 (61 71) 88 - 11 17
jutta.stolp@utimaco.de
DGAP 14.01.2008
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Language: English
Issuer: Utimaco Safeware AG
Hohemarkstraße 22
61440 Oberursel
Deutschland
Phone: +49 (0)6171 88 - 0
Fax: +49 (0)6171 88 - 1290
E-mail: info@utimaco.de
Internet: www.utimaco.de
ISIN: DE0007572406
WKN: 757240
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hannover, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service
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DGAP-Adhoc: Utimaco Safeware AG:Utimaco Reports a Strong Second Quarter 2007/2008
| Source: EQS Group AG