15.07.2013
InVision AG DE0005859698
DGAP-News: InVision AG Publishes Preliminary Figures which Confirm an Increase in Operating Profit by approx. 220 Percent for the First Half of 2013
DGAP-News: InVision AG / Key word(s): Preliminary Results/Half Year
Results
InVision AG Publishes Preliminary Figures which Confirm an Increase in
Operating Profit by approx. 220 Percent for the First Half of 2013
15.07.2013 / 06:28
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InVision AG Publishes Preliminary Figures which Confirm an Increase in
Operating Profit by approx. 220 Percent for the First Half of 2013
Ratingen (Germany), 15th July 2013 - According to preliminary results,
InVision AG (ISIN: DE0005859698) increased its EBIT (Earnings Before
Interest and Taxes) by approximately 220 percent, to approximately EUR 0.5
million in the first half of 2013. In the first half of the previous year
the EBIT equalled EUR 0.17 million.
The Company achieved total revenues of approximately EUR 6.4 million, which
represents a decrease of approximately 5 percent compared to the same
period of the previous year (6M 2012: EUR 6.8 million). This decline is
mainly attributable to the downturn of licence revenues of approximately
EUR 0.8 million and this is due to the transformation of the Company's
business model that was finalised last year. Services revenues were at
approximately EUR 1.2 million in the first half of the year (6M 2012: EUR
1.3 million), whereas revenues from Software and Subscriptions totalled
approximately EUR 5.2 million (6M 2012: EUR 5.5 million).
Since the end of the last financial year, liquid funds rose by
approximately 60 percent to approximately EUR 4 million (31st December
2012: EUR 2.5 million). Additionally, the Company invested approximately
EUR 0.2 million in the buyback of treasury shares in the second quarter of
2013.
The Company continues to record sustained high demand for cloud-based
services and therefore expects rising subscription revenues to continue for
the second half of this year. Concurrently, the annual cost base has been
reduced to approximately EUR 11 million; therefore a further increase in
profitability is expected.
InVision AG will provide a definitive earnings forecast with its complete
financial report for the first half of 2013. This report will be available
for download from 12th August 2013, from the Company's website at:
http://www.invisionwfm.com/uk/global_pages/investor_relations/financial_re
ports.
About InVision:
Since 1995, InVision has been helping its clients to optimise their
workforce management, increase their productivity and quality of work and
reduce their costs. The InVision group incorporates the brands injixo, a
cloud platform with training, workforce management and industry network,
The Call Center School, offering training, consulting and publications for
call centre professionals, Core Practice, offering strategic workforce
management consulting, and InVision WFM, a software solution for workforce
management. InVision AG (IVX) is listed in the Prime Standard Segment of
the Frankfurt Stock Exchange.
Further information: www.invisionwfm.com
Contact:
Jutta Handlanger, Head of Corporate Communications
InVision AG, Halskestraße 38, D-40880 Ratingen, Germany
phone: +49 (0)2102 728-444, eMail: [email protected]
End of Corporate News
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15.07.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: InVision AG
Halskestraße 38
40880 Ratingen
Germany
Phone: +49 (0)2102 / 728-0
Fax: +49 (0)2102 / 728-111
E-mail: [email protected]
Internet: www.invision.de
ISIN: DE0005859698
WKN: 585969
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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