06.11.2013
secunet Security Networks AG DE0007276503
DGAP-News: secunet Security Networks AG publishes its 9-month report for 2013
DGAP-News: secunet Security Networks AG / Key word(s): Quarter Results
secunet Security Networks AG publishes its 9-month report for 2013
06.11.2013 / 08:00
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secunet Security Networks AG publishes its 9-month report for 2013
[Essen, 6 November 2013] 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, publishes its
9-month report for 2013 today. In the first nine months of the financial
year, the company posted sales on par with the previous year. The EBIT
recorded is slightly negative. The forecast for the 2013 financial year has
been adjusted due to projects being postponed by customers but the medium-
to long-term outlook for the company's development remains positive.
The secunet Group posted sales of Euro 41.3 million from January through
September 2013 and is therefore at the same level as the previous year
(Euro 41.4 million). This development is due to delays in the completion of
major projects.
In the first nine months of 2013, earnings before interest and taxes (EBIT)
amounted to Euro -0.04 million (previous year: Euro 0.8 million). After-tax
earnings from January through September 2013 stood at Euro -0.1 million
compared with Euro 0.4 million in the same period of the previous year.
Accordingly, earnings per share in the first nine months of the year were
Euro -0.02, having been Euro 0.06 in the previous year.
'We achieved record results in the third quarter of 2012 - this must be
taken into account when comparing to the current year,' says Dr Rainer
Baumgart, Chairman of the Board of Management at secunet Security Networks
AG. 'What's more, when we look at the year as a whole, we must consider
that the fourth quarter is traditionally characterised by substantially
higher sales and EBIT.'
The fourth quarter of the current financial year will also be decisive in
achieving this year's financial goals. Nevertheless, major projects planned
for the upcoming quarter of 2013 have been postponed by customers. The
Board of Management has therefore already adjusted the forecast for 2013:
sales of Euro 64 million with an EBIT of Euro 4 million are expected.
'secunet has clearly been set back in the short-term by the delay of major
projects,' says Dr Rainer Baumgart.
As of 30 September 2013, the secunet Group's order volume according to IFRS
stood at Euro 39.9 million, compared to Euro 44 million in the previous
year. Other orders not included in the order volume are expected to result
from existing framework agreements. In light of the current discussion on
information security, the company expects to see increasing demand for IT
security and high-security.
'Our high-security products are still in very high demand,' adds Dr Rainer
Baumgart. 'We are also enjoying increasing success in related areas such as
automated border control, as well as getting involved in other major
strategic projects with long-term effects. We therefore remain optimistic
about our medium- to long-term outlook.'
Investor Relations contact
Dr. Kay Rathke, CIRO
Head of Investor Relations
Phone +49 201 54 54-1227
Fax +49 201 54 54-1228
E-mail: [email protected]
Press contact
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: [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 67.2 million in 2012.
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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06.11.2013 Dissemination of a Corporate News, transmitted by DGAP - a
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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: [email protected]
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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