04.05.2018
secunet Security Networks AG DE0007276503
DGAP-News: Interim result after the first three months of 2018: secunet Group continues to grow
DGAP-News: secunet Security Networks AG / Key word(s): Quarterly / Interim
Statement
Interim result after the first three months of 2018: secunet Group continues
to grow
04.05.2018 / 08:00
The issuer is solely responsible for the content of this announcement.
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Interim result after the first three months of 2018: secunet Group continues
to grow
[Essen, Germany, May 4, 2018] 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 published its Quarterly Group Communication regarding the
period ending 31 March 2018. Both sales and earnings before interest and
taxes (EBIT) have increased. The existing forecast for the full year is
confirmed.
In the period from January to March 2018, secunet Group achieved revenue of
27.2 million euros. When compared to the revenue during the same period of
the previous year (24.7 million euros), this represents an increase of 10%
or 2.5 million euros, which primarily results from growth in the product
business (commercial goods, licenses, maintenance and support) and continued
high volume for services (consulting business).
secunet Group achieved earnings before interest and taxes (EBIT) of 2.5
million euros in the first three months of 2018. Compared to the EBIT in the
same reporting period of the previous year (0.9 million euros), this
corresponds to an improvement of 1.6 million euros, or 173%. The positive
trend in earnings is largely due to the increase in product sales.
As at March 31, 2018, the secunet Security Networks AG order book in
accordance with IFRS was 60.4 million euros, compared with 70.5 million
euros as at the previous year's reporting date, and 57.7 million euros at
year-end 2017.
"Demand for high-quality, trusted IT security remains strong, as shown by
continued high volume in the order book," commented Dr. Rainer Baumgart,
Chairman of the Management Board of secunet Security Networks AG. "Further
progress in digitization highly depends on comprehensive investment in IT
security, which will support our long-term growth."
The Management Board's assessment of business development in the current
year, 2018, remains unchanged: secunet is very well positioned in the IT
security growth market. The procurement of major public authority clients
for secunet in Germany also continues to be affected by the provisional
budget management. In this context, the Management Board continues to expect
sales and EBIT to come in slightly below the previous year's record figures.
The Group Quarterly Communication relating to the period ending 31 March
2018 is available to download from www.secunet.com under The Company /
Investor Relations / Financial Reports and News. Next date in the financial
calendar: Annual General Meeting of secunet Security Networks AG on 9 May
2018.
Contact
Dr. Kay Rathke
Head of Investor Relations
Patrick Franitza
Deputy Press Officer
secunet Security Networks AG
Kurfürstenstrasse 58
45138 Essen, Germany
Tel.: +49 201 5454-1234
Fax: +49 201 5454-1235
Email: [email protected]
http://www.secunet.com
About secunet
secunet is one of the leading German providers of high-quality IT security.
Over 400 experts work in the areas of cryptography, eGovernment, business
security and automotive security, and develop innovative products in these
fields in addition to highly secure and reliable solutions. secunet has more
than 500 national and international customers, including many DAX companies,
public authorities, and organisations. The company is an IT security partner
to the Federal Republic of Germany and a partner of the German Alliance for
Cyber Security.
secunet was founded in 1997 and achieved revenues of EUR 158.3 million in
2017. secunet Security Networks AG is listed on the Prime Standard of the
German Stock Exchange.
Further information can be found at www.secunet.com.
Disclaimer
This press release contains predictive statements. Predictive statements are
statements that do not describe facts of the past; they also include
statements regarding our assumptions and expectations. Any statement in this
press release that conveys our intentions, assumptions, expectations or
predictions (and the assumptions on which they are based) is a predictive
statement. These statements are based on planning, estimates and forecasts
that are currently available to the management of secunet Security Networks
AG. Predictive statements therefore only apply to the day on which they were
made. We assume no obligation to update such statements with regard to new
information or future events.
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04.05.2018 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.
Archive at www.dgap.de
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Language: English
Company: secunet Security Networks AG
Kurfürstenstr. 58
45138 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, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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