18.03.2015
secunet Security Networks AG DE0007276503
DGAP-News: secunet Security Networks AG: Annual Financial Statements 2014, Distribution of Profits, Forecast for 2015
DGAP-News: secunet Security Networks AG / Key word(s): Final Results
secunet Security Networks AG: Annual Financial Statements 2014,
Distribution of Profits, Forecast for 2015
18.03.2015 / 08:00
---------------------------------------------------------------------
secunet Security Networks AG: Annual Financial Statements 2014,
Distribution of Profits, Forecast for 2015
- Revenue and EBIT for 2014 at record level
- Distribution of profits expected to grow
- Forecast for 2015: Consolidation at a high level
[Essen, 18 March 2015] secunet Security Networks AG (ISIN DE0007276503, WKN
727650), a leading German supplier of high-quality, reliable IT security
and an IT security partner of the Federal Republic of Germany, today
publishes its Annual Financial Statements and Annual Report for the
financial year 2014.
In the 2014 financial year, the revenue of the secunet Group grew by 18.3
million euros or 29%, from 63.9 million euros in the previous year to 82.2
million euros. This revenue performance was influenced particularly
positively by a strong increase in the product business (revenues from
trade goods, licences, maintenance and support), which was also due to the
effects of recovery from postponed projects from the previous year. At the
same time, revenues from services (the consulting business) remained almost
constant.
The Public Sector contributed the majority of revenues of the secunet Group
in the 2014 financial year with 84% (previous year: 78%). Compared to the
previous year, revenues in the Public Sector rose by 38%, from 50.1 million
euros to 68.9 million euros. The Public Sector business unit offers its
customers SINA encryption products as well as a wide range of products and
services relating to cyber security for public clients. Customers from the
public sector in Germany and abroad, as well as from international
organisations, therefore continue to constitute the focus target group of
secunet. At the same time, revenues in the Business Sector (services and
solutions for the specific requirements of companies in the private sector)
fell slightly from 13.8 million euros in the previous year to 13.3 million
euros.
As a result of the significantly higher revenues in the Public Sector, the
contribution of the Business Sector to the Group revenues fell by 22% in
2013 to 16% in the past 2014 financial year.
In relation to the strong increase in revenue, the costs in the secunet
Group increased slightly by 26%. This resulted in an increase in earnings
before interest and taxes (EBIT) of the secunet Group by 79% or 2.9 million
euros compared to the previous year, rising from 3.7 million euros to 6.6
million euros. The secunet Group generated a Group net income of 4.4
million euros in the 2014 financial year, which corresponds to an increase
of 2.0 million euros or 84% compared to the previous year (2.4 million
euros). Diluted and undiluted earnings per share in 2014 stood at 0.68
euros, compared with 0.37 euros in the previous year.
The dividend payment to shareholders is expected to increase. Net income
for the year for secunet Security Networks AG increased from 2.5 million
euros in 2013 to 4.3 million euros in 2014. In the Annual General Meeting,
due to take place on 13 May 2015 in Essen, Germany, the Management Board
and the Supervisory Board of secunet Security Networks AG will recommend
that a dividend of 0.27 euros be paid out for each no-par value share that
is entitled to dividend (previous year: 0.15 euros).
"We achieved record results in the 2014 financial year: Our excellent
solutions in the area of cyber security contributed significantly to this
success", says Dr Rainer Baumgart, Chairman of the Management Board of
secunet Security Networks AG.
The order book of the secunet Group in accordance with IFRS is 37.5 million
euros at the end of 2014 and has therefore decreased by 7% compared to the
amount of 40.3 million euros as at 31 December 2013. In the long-term
growth trend of secunet Security Networks AG, as history has shown, a year
of strong growth is regularly followed by stabilisation at the higher level
reached. Against this background, the Management Board is expecting
revenues and the EBIT for the 2015 financial year to remain at around the
same level as for the previous year.
The Annual Report for secunet Security Networks AG is available to download
at www.secunet.com under Investor Relations > News and Publications. Next
dates in the financial calendar: 25 March 2015 Analysts' Conference in
Frankfurt am Main, 6 May 2015 3-Month Report 2015.
Press contact
Christine Skropke
Spokesperson
Patrick Franitza
Dep. Spokesperson
secunet Security Networks AG
Kronprinzenstrasse 30
45128 Essen/Germany
Phone +49 201 54 54-1234
Fax +49 201 54 54-1235
E-mail: [email protected]
http://www.secunet.com
About secunet
secunet is one of the leading German providers of high-quality IT security.
Over 300 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 is IT security partner of the Federal Republic of Germany and
partner in the Alliance for Cyber Security.
secunet was founded in 1997 and achieved sales of EUR 82.2 million in 2014.
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.
---------------------------------------------------------------------
18.03.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
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: [email protected]
Internet: www.secunet.com
ISIN: DE0007276503
WKN: 727650
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
334025 18.03.2015
|
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu
secunet Security Networks AG ISIN: DE0007276503 können Sie bei EQS abrufen
Software , 727650 , YSN , XETR:YSN