04.05.2016
secunet Security Networks AG DE0007276503
DGAP-News: secunet Security Networks AG: Increased turnover and improved earnings in Q1 2016
DGAP-News: secunet Security Networks AG / Key word(s): Quarterly / Interim
Statement
secunet Security Networks AG: Increased turnover and improved earnings in Q1
2016
04.05.2016 / 08:00
The issuer is solely responsible for the content of this announcement.
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secunet Security Networks AG: Increased turnover and improved earnings in
Q1 2016
[Essen, 4 May 2016] 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 Statement regarding the period ending 31
March 2016. The Company recorded year-on-year growth in all units, and
earnings before interest and taxes improved. The forecast for the full year
is confirmed.
In the period from January to March 2016, the secunet Group achieved
revenue of 19.4 million euros. Compared to sales in the same reporting
period of the previous year (17.3 million euros), this represents a rise of
13%, or 2.2 million euros. The increase in sales is primarily due to a rise
in sales for services in the areas of consulting and development.
The secunet Group achieved earnings before interest and taxes (EBIT) of 0.2
million euros in the first three months of 2016. Compared to the EBIT in
the same reporting period of the previous year (-0.6 million euros), this
corresponds to an improvement of 0.8 million euros. The positive trend in
earnings is due to the increase in capacity utilisation in service
provision, as well as increased product sales.
Dr Rainer Baumgart, Chairman of the Management Board of secunet Security
Networks AG: "There continues to be high demand for trustworthy,
high-quality cybersecurity solutions Made in Germany, as proven by the
growth secunet is recording in all areas. We offer high-quality, High
Security solutions and highly qualified consulting services - and this is a
strategy that is continuing to pay off."
The value of the secunet Group order book as defined by IFRS was 42.8
million euros on 31 March 2016, up 20% on the order book as at the previous
year's reporting date (35.8 million euros).
"2016 has started well for secunet. Our estimates of the framework
conditions for our business have not changed. We therefore confirm our
forecast for the 2016 financial year," comments Dr Baumgart. Revenue is
still expected to match the previous year's - adjusted by extraordinary
items - with an EBIT margin staying approximately consistent in a
year-on-year comparison.
The Group Quarterly Statement relating to the period ending 31 March 2016
is available to download from www.secunet.com under Investor Relations /
News and Publications / Financial Reports. Next date in the financial
calendar: Ordinary General Meeting of secunet Security Networks AG on 12
May 2016 in Essen.
Press contact
Christine Skropke
Press Officer
Patrick Franitza
Deputy Press Officer
secunet Security Networks AG
Kurfürstenstraße 58
45138 Essen, Germany
Tel.: +49 201 5454-1234
Fax: +49 201 5454-1235
E-mail: [email protected]
http://www.secunet.com
About secunet
secunet is one of the leading German providers of high-quality IT security.
Over 380 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. Many DAX
companies as well as numerous authorities and organisations are among
secunet's national and international customers, which number over 500 in
total. secunet is an IT security partner of the Federal Republic of Germany
and a partner of the German Alliance for Cyber Security.
secunet was founded in 1997 and achieved revenues of 91.1 million euros in
2015. 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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04.05.2016 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
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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: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart
End of News DGAP News Service
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