DGAP-Adhoc: Integralis AG: Successful start to 2008


Integralis AG / Quarter Results

07.05.2008 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Over 58% increase in operating earnings in the first quarter of 2008

Ismaning (Germany), May 7, 2008 - Integralis AG, the leading international
IT security solutions provider listed in the Prime Standard of the German
Stock Exchange, closed the first quarter of 2008 with a substantial
increase in revenues and earnings.

At the end of the first quarter, the Integralis Group recorded total
revenues of € 39.4 million (previous year € 32.9 million), an increase of
almost 20% over the same period one year earlier.
With 32.1 %, the gross margin remained at the same level as in the previous
two quarters but fell short of the unusually high figure of 37.2 % recorded
in the year ago quarter.
However, the over 29% increase in the cost of materials was more than made
up for by lower other operating expenses of € 2.8 million (previous year €
3.2 million), as personnel expenses did not grow as quickly as revenues. At
€ 1.1 million, EBITDA easily exceeded the figure of € 0.8 million recorded
in the same quarter one year earlier, while operating earnings (EBIT) rose
by over 58 % to € 0.6 million (previous year € 0.4 million).
Earnings before tax (EBT) came to € 0.7 million (previous year € 0.4
million) on account of small net interest income.
Post-tax earnings rose to € 0.8 million (previous year € 0.4 million) as
the deferred tax assets exceeded income tax liabilities by € 0.1 million.
Despite the muted outlook for the global economy, Integralis has entered
the new year notably more successfully than the previous year, the hitherto
most profitable year in its twenty-year history. What is more, the over 68
percent increase in order backlog is providing a solid basis for future
business. The Management Board thus still expects revenue growth of 10% in
tandem with a 50% improvement in EBIT for this year.



Contact:
Integralis AG
Peter Banholzer (IR)
Tel:+49 89 945 73 178
peter.banholzer@integralis.com




DGAP 07.05.2008 
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Language:     English
Issuer:       Integralis AG
              Robert-Bürkle-Str. 3
              85737 Ismaning
              Deutschland
Phone:        +49 (0)89 94573-178
Fax:          +49 (0)89 94573-180
E-mail:       ir@integralis.com
Internet:     www.integralis.com
ISIN:         DE0005155030
WKN:          515503
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News                                     DGAP News-Service
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