itelligence AG / Key word(s): Half Year Results
21.07.2011 07:57
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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itelligence AG presents figures for H1 2011
Revenues up 28.7% to MEUR 153.5
EBIT doubles to MEUR 6.4 after MEUR 3.2 in the previous year
Orders on hand increase by 16.7% year-on-year to MEUR 229.3
Bielefeld, July 21, 2011 - In the second quarter of 2011, itelligence AG
repeated the dynamic growth it recorded in the first quarter, with revenues
increasing from MEUR 63.1 in the previous year to MEUR 78.6. This
corresponds to revenue growth of 28.7% for the first half of the year, from
MEUR 119.3 to MEUR 153.5. This positive development was primarily driven by
itelligence AG's organic growth (19.4%), while the revenue contribution
from acquired companies amounted to 9.3%. Orders on hand increased by MEUR
32.8 to MEUR 229.3 at the end of the first half of 2011 after MEUR 196.5
one year previously.
The revenue growth in the first half of the year was reflected in all areas
of itelligence AG. Consulting revenues increased by 32.6%, from MEUR 66.5
in the first half of the previous year to MEUR 88.2. The Licenses division
saw revenue growth of 34.8%, from MEUR 9.2 to MEUR 12.4, while revenues in
the Outsourcing & Services division rose by 21.7%, from MEUR 43.4 in the
first half of the previous year to MEUR 52.8.
EBIT (earnings before interest and taxes) increased to an even greater
extent than revenues, doubling from MEUR 3.2 in the first half of the
previous year to MEUR 6.4. Accordingly, itelligence's EBIT margin also
improved to 4.2% compared with 2.7% one year previously. In the first half
of 2011, EBIT was impacted by non-recurring acquisition expenses in the
amount of MEUR 1.0.
Based on this strong development and the successful acquisitions
implemented by the Company, the Management Board is increasing its
forecasts for fiscal year 2011. itelligence now expects to record revenues
of at least MEUR 330 for the year as a whole, while the forecast EBIT
margin remains unchanged at 6.0-6.2%.
Further details will be published together with the Quarterly Report 2/2011
on July 28, 2011.
Contact: Katrin Schlegel, itelligence AG, Phone: +49 (0) 521 - 91 44 8106;
katrin.schlegel@itelligence.de
21.07.2011 DGAP's Distribution Services include Regulatory Announcements,
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Language: English
Company: itelligence AG
Königsbreede 1
33605 Bielefeld
Germany
Phone: +49 (0)521 91448-106
Fax: +49 (0)521 91445-201
E-mail: katrin.schlegel@itelligence.de
Internet: www.itelligence.de
ISIN: DE0007300402
WKN: 730 040
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of Announcement DGAP News-Service
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DGAP-Adhoc: itelligence AG presents figures for H1 2011
| Source: EQS Group AG