04.08.2020 CENIT AG  DE0005407100

DGAP-News: CENIT in the first half year 2020 with a sales decline of nearly 12% compared to the previous year


DGAP-News: CENIT AG / Key word(s): Half Year Results
CENIT in the first half year 2020 with a sales decline of nearly 12% compared to the previous year

04.08.2020 / 07:56
The issuer is solely responsible for the content of this announcement.

Stuttgart, August 4th, 2020 - During the first six months, CENIT group generated sales revenues of EUR k 74,689 (prior year: EUR k 84,495/-11.6%). Sales revenues in CENITs consulting and services segment decreased by -15.9% to EUR k 20,378 (prior year: EUR k 24,229). Sales of third-party software fell by approx. -11.2% to EUR k 46,701 (prior year: EUR k 52,601). Sales proceeds from CENIT's proprietary software decreased as well from EUR k 7,604 to EUR k 7,323 (-3.7%).

The gross profit (operating output less cost of materials) amounted to EUR k 36,878 (prior year: EUR k 42,079), representing a decrease of -12.4%. CENIT achieved EBITDA of EUR k 3,808 (prior year: EUR k 4,984/-23.6%) and EBIT of EUR k 781 (prior year: EUR k 2,061/-62.1%). Results per share were 0.04 EUR (prior year: 0.16 EUR).

Orders Development

During the first six months, the group-wide order intake totaled EUR k 80,087 (prior year: EUR k 87,853). On June 30th, 2020 orders in hand amounted to EUR k 52,620 (prior year: EUR k 56,748).

Asset and Financial Situation

On the balance-sheet date, equity capital totaled EUR k 40,873 (31 Dec. 2019: EUR k 40,940), accounting for an equity ratio of 45.3% (31 Dec. 2019: 45.8%). On the balance-sheet date, bank deposits and liquid assets totaled EUR k 25,304 (31 Dec. 2019: EUR k 18,461). The operative cash flow was EUR k 9,414 (prior year: EUR k 12,636).


On June 30th, 2020, CENIT group employed 717 (prior year: 751). Group-wide personnel costs for the reporting period were EUR k 28,650 (prior year: EUR k 31,060).


The global economic environment continues to be characterized by great uncertainties due to the corona virus pandemic, especially in our main sectors of automotive, aerospace and mechanical engineering. It therefore remains difficult to predict the negative effects. For this reason, we continue to refrain from making reliable sales and earnings forecasts for the 2020 financial year.

Please visit CENIT's homepage for the full 6 Months Report 2020: www.cenit.com/reports.


About CENIT:
CENIT is your partner for successful digital transformation. With a broad solutions and services portfolio, CENIT enables clients to optimize their horizontal and vertical business processes. Our solutions are based on innovative technologies in: product lifecycle management, the digital factory and enterprise information management. With interdisciplinary knowledge of the processes involved and their considerable expertise in the field, CENIT consultants provide customers with end-to-end advice to ensure that solutions are implemented with an understanding of the entire value chain. With a holistic approach and based on trusted partnerships, CENIT takes responsibility for solutions on behalf of our clients. From the initial consultation to the introduction of innovative IT solutions, right through to ensuring a cost-effective operation. The CENIT team adapts to each client, taking a practical approach, which enables measurable, operational optimizations. CENIT has been helping prestigious customers in key industries to gain competitive advantages for 30 years! CENIT has around 800 employees worldwide who work with customers from: automotive, aerospace, industrial equipment, tool and mold manufacturing, financial services, and trade and consumer products industries.

Please send queries to:
Investor Relations
Tanja Marinovic
Industriestrasse 52-54, D-70565 Stuttgart
Email: aktie@cenit.de

Additional Information:
This press/ad hoc report may contain future-oriented statements regarding the business, financial and earnings situation of, as well as profit projections for, CENIT. Such future-oriented statements are characterized by terms or statements such as "the company may" or "the company will", "expects", "assumes", "is considering", "intends to", "plans", "believes", "will continue to" and/or "estimates", as well as similar terms and statements. Such statements contain no guarantee that the projections will in fact be achieved. Rather, such statements involve risks, imponderables and assumptions that are difficult to predict and, in addition, are based on assumptions as to future events which may prove to be incorrect. For this reason, actual events may diverge significantly from the assumptions contained in the respective statement. In a future-oriented statement by which CENIT expresses expectations or assumptions with regard to future events, these expectations or assumptions are made in good faith, and it shall be assumed that they are made upon an appropriate basis; however, it cannot be guaranteed that the said statements, expectations or assumptions shall indeed occur, or be attained or fulfilled. The actual operative result may diverge significantly from such future-oriented statements and is subject to certain risks. In this regard, please refer to the Business Report of CENIT AG.

04.08.2020 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.

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Language: English
Company: CENIT AG
Industriestraße 52 - 54
70565 Stuttgart
Phone: +49 (0)711 78 25 - 30
Fax: +49 (0)711 78 25 - 4000
E-mail: aktie@cenit.de
Internet: www.cenit.com
ISIN: DE0005407100
WKN: 540710
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1108415

End of News DGAP News Service

1108415  04.08.2020 


Die wichtigsten Finanzdaten auf einen Blick
  2013 2014 2015 2016 2017 2018 2019 2020e
Umsatzerlöse1 118,92 123,39 121,48 123,77 151,70 169,99 171,71 160,00
EBITDA1,2 10,63 11,66 12,69 14,06 15,27 11,95 15,24 9,40
EBITDA-Marge3 8,94 9,45 10,45 11,36 10,07 7,03 8,88 5,88
EBIT1,4 8,33 9,33 10,60 11,85 12,84 9,03 9,20 3,90
EBIT-Marge5 7,00 7,56 8,73 9,57 8,46 5,31 5,36 2,44
Jahresüberschuss1 5,88 6,36 7,32 8,15 8,99 6,13 6,96 2,80
Netto-Marge6 4,94 5,15 6,03 6,58 5,93 3,61 4,05 1,75
Cashflow1,7 6,97 9,40 9,47 9,06 3,92 9,62 11,68 8,40
Ergebnis je Aktie8 0,70 0,76 0,87 0,97 1,07 0,73 0,82 0,35
Dividende8 0,35 0,90 1,00 1,00 1,00 0,60 0,00 0,20
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2019 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: KPMG

WKN Kurs in € Einschätzung Börsenwert in Mio. €
540710 12,700 Kaufen 106,27
KGV 2021e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
17,16 18,81 0,927 16,14
2,64 9,10 0,62 5,415
Dividende '19 in € Dividende '20e in € Div.-Rendite '19e
in %
0,00 0,20 0,00 02.07.2020
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
12.05.2020 04.08.2020 04.11.2020 31.03.2020
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
16,85% 16,27% -7,30% -6,62%
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IT-Services , 540710 , CSH , XETR:CSH