DGAP-News: secunet Security Networks AG / Key word(s): Quarter Results
9-Month Report of secunet Security Networks AG: Solid business
results; forecast confirmed
07.11.2012 / 08:00
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9-Month Report of secunet Security Networks AG: Solid business results;
forecast confirmed
- Revenues for January - September up 26% on previous year
- Considerable EBIT improvement
- Record order book: up 53% on the previous year
- Forecast unchanged: revenue of Euro 60m, EBIT of Euro 5m
[Essen, 7 November 2012] secunet Security Networks AG (ISIN DE0007276503,
WKN 727650), a leading German supplier of high-quality IT security and an
IT security partner of the Federal Republic of Germany, published its
9-Month Report for 2012 today. Both revenue and EBIT for the period January
to September increased sharply compared with the same period last year. At
the end of September, the order book reached a record high level. The
company is therefore standing by its forecasts for revenue and EBIT for
2012.
Between January and September 2012, the secunet Group generated revenue of
Euro 41.4m. This corresponds to an increase of Euro 8.5m or 26% compared
with the previous year (Euro 32.8m). All the company's business units were
able to report growth in revenue. With a sales increase of 91% compared
with the previous year, the Business Security business unit, which supplies
companies in the private sector, achieved the largest increase, followed by
High Security (SINA product line, +29%).
In the first nine months of 2012, secunet considerably improved its
earnings before interest and taxes (EBIT), bringing the previous year's
figure of Euro -0.8m up to +0.7m. The business units Business Security and
Government contributed to this improved result. The high cost of sales in
the High Security business unit had a negative effect, resulting from the
purchase of third-party services and one-off expenses in projects. Sales
and administrative costs increased across the Group at a disproportionately
low rate compared with revenue.
The Group net income for the period January to September improved from Euro
-0.7m last year to Euro +0.8m in the current year (2012). Earnings per
share for the first nine months of 2012 total Euro +0.06; in the previous
year, this figure stood at Euro -0.06.
Compared with the previous year's figure of Euro 33.3m, the order book of
the secunet Group increased by 53% and reached a new record value of Euro
50.9m on 30 September 2012.
'In the first nine months of the current year we have achieved very
satisfactory business results - we see this as evidence of the successful
strategic positioning of our company,' commented Dr Rainer Baumgart,
Chairman of the Management Board of secunet Security Networks AG.
The fourth quarter is traditionally the strongest quarter for secunet in
terms of revenue and earnings. Currently, the earnings so far and the high
order book indicate that the targets set for 2012 will be met. The
company's Management Board therefore confirms its forecasts of Euro 60m for
revenue and Euro 5m for EBIT for 2012.
Contact
Investor Relations
Dr. Kay M. Rathke
Phone +49 201 5454-1227
Fax +49 201 5454-1228
E-Mail: investor.relations@secunet.com
Press
Christine Skropke
Spokesperson
Patrick Franitza
Press Relations Officer
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 280 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 has been the IT security partner of the Federal Republic of Germany
since 2004.
secunet was founded in 1997 and achieved sales of Euro 55.6m in 2011.
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.
End of Corporate News
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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: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart
End of News DGAP News-Service
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191747 07.11.2012
DGAP-News: 9-Month Report of secunet Security Networks AG: Solid business results; forecast confirmed
| Source: EQS Group AG