DGAP-News: CENIT AG / Key word(s): 9-month figures CENIT reaches an EBIT growth of 13.6% and a significant increase in sales with own software after 9 months 04.11.2015 / 07:53 --------------------------------------------------------------------- CENIT reaches an EBIT growth of 13.6% and a significant increase in sales with own software after 9 months Stuttgart, 4 November 2015 - After nine months EBIT has increased significantly compared to last year (+13.6%) as well as the sales of own software, which could be increased by around +20% to EUR k 11,027. However, total sales declined slightly by 2.1%. During the first nine months, CENIT group generated sales revenues of EUR k 89,424 (prior year: EUR k 91,364/-2.1%). Sales revenues in CENITs consulting and services segment decreased by -4.7% to EUR k 38,505 (prior year: EUR k 40,422). Sales of third-party software decreased by -4.0% to EUR k 39,695 (prior year: EUR k 41,360). Sales from CENIT's proprietary software increased from EUR k 9,220 to EUR k 11,027 (19.6%). The gross yield (operating output less cost of materials) amounted to EUR k 56,762 (prior year: EUR k 55,520), representing growth of 2.2%. CENIT achieved EBITDA of EUR k 9,203 (prior year: EUR k 8,524/8.0%) and EBIT of EUR k 7,633 (prior year: EUR k 6,719/13.6%). Results per share were EUR 0.66 (prior year: EUR 0.57). Orders Development During the first nine months, the group-wide order intake totaled EUR k 87,774 (prior year: EUR k 90,261). On 30 September 2015, orders in hand amounted to EUR k 33,193 (prior year: EUR k 34,458). Asset and Financial Situation The enterprise has no liabilities in relation to credit institutions, either of a short-term or long term nature. On the balance-sheet date, equity capital totaled EUR k 37,778 (31 Dec. 2014: EUR k 39,352), accounting for an equity ratio of 56.7% (31 Dec. 2014: 58.8%). On the balance-sheet date, bank deposits and liquid assets totaled EUR k 33,260 (31 Dec. 2014: EUR k 33,250). The operative cash flow was EUR k 8,594 (prior year: EUR k 4,598). Employees On 30 September 2015, CENIT group employed 632 staff (prior year: 657). Group-wide personnel costs for the reporting period were EUR k 36,600 (prior year: EUR k 36,453). CENIT is currently training 54 young professionals in various vocations. The trainees include students from the Dual-Training University of Baden-Württemberg (DHBW) in the fields of informatics and economics, as well as trainees in the field of information technology. Outlook For the current year, CENIT Group targets consistent sales. On the whole, CENIT is anticipating a rise of 8-10% in earnings (EBIT). Please visit CENIT's homepage for the full 9 Months Report 2015: www.cenit.com/reports. About CENIT: CENIT has been successfully active for more than 25 years as a leading consulting and software provider for optimizing business processes in the fields of Digital Factory, Product Lifecycle Management (PLM), SAP Solutions, Enterprise Information Management (EIM), Business Intelligence (BI) and Application Management Services (AMS). CENIT supplements standard solutions from strategic partners such as Dassault Systèmes, SAP and IBM with well-established proprietary software developments. These include the FASTSUITE product family for software solutions in the digital factory world, cenitCONNECT for SAP PLM-related processes, cenitSPIN as a high-performance PLM desktop, as well as CENIT ECLISO for efficient information management. The enterprise employs about 700 staff world-wide, serving customers e.g. from the automotive, aerospace, mechanical engineering, tool and mold construction, financial services, commercial and consumer goods industries. www.cenit.com Please send queries to: CENIT AG Investor Relations Industriestrasse 52-54, D-70565 Stuttgart Tel.:+497117825-3320 Fax:+49711782544-4320 Email: [email protected] 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. --------------------------------------------------------------------- 04.11.2015 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: CENIT AG Industriestraße 52 - 54 70565 Stuttgart Germany Phone: +49 (0)711 78 25 - 30 Fax: +49 (0)711 78 25 - 4000 E-mail: [email protected] Internet: www.cenit.com ISIN: DE0005407100 WKN: 540710 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart End of News DGAP News Service --------------------------------------------------------------------- 407977 04.11.2015