DGAP-News: secunet Security Networks AG: 2011 performance in line with forecast
(firmenpresse) - DGAP-News: secunet Security Networks AG / Key word(s): Final
Results/Preliminary Results
secunet Security Networks AG: 2011 performance in line with forecast
26.01.2012 / 08:00
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secunet Security Networks AG: 2011 performance in line with forecast
[Essen, 26 January 2012] secunet Security Networks AG (ISIN DE0007276503,
WKN 727650), a leading German supplier of reliable IT security solutions
and IT security partner of the Federal Republic of Germany, today published
its preliminary business results for fiscal year 2011. Group revenue
totalled 55.6 million euros and earnings before interest and taxes (EBIT)
stood at 3.8 million euros. The business results for 2011 therefore meet
expectations. The order book at the end of the year was pleasingly full,
with around 39.5 million euros.
In fiscal 2011, the secunet Group generated revenue of 55.6 million euros.
This corresponds to a decline of 3.9 million euros or 7% compared to the
previous year (59.5 million euros). The main reason for the decline in
revenue can be traced back to the postponement of major projects in the
High Security business unit.
At the same time, secunet achieved earnings before interest and taxes
(EBIT) of 3.8 million euros in fiscal 2011. Compared to the previous year's
figure of 3.6 million euros, this represents an increase of 6%. The EBIT
margin increased from 6% to 7%.
This result is due to the very strong last quarter of 2011 - in the fourth
quarter of 2011 alone, revenues of almost 23 million euros (41% of annual
sales) and an EBIT of around 4.6 million euros were generated. The reasons
for this included a large delivery of hardware components in the High
Security business unit (SINA).
'Despite significant expenses as a result of project postponements up to
the end of the third quarter of 2011, our performance was in line with our
forecast from May 2011. We are therefore pleased with the result,'
commented Dr Rainer Baumgart, Chairman of the Management Board of secunet
Security Networks AG, adding: 'At the same time, we look to the coming year
with confidence, especially considering the number of current orders.'
This optimistic outlook is supported by the high number of orders, which
totalled 39.5 million euros at the end of 2011, representing an increase of
over 50% compared to the previous year's figure of 26.2 million euros.
Investor Relations
Dr Kay Rathke, CIRO
Head of Investor Relations
Phone: +49 201 5454-1227
Fax: +49 201 5454-1228
E-mail: investor.relations(at)secunet.com
Press contact
Christine Skropke
Head of PR
Patrick Franitza
Public Relations Officer
secunet Security Networks AG
Kronprinzenstr. 30
45128 Essen, Germany
Phone: +49 201 5454-1234
Fax: +49 201 5454-1235
E-mail: presse(at)secunet.com
http://www.secunet.com
About secunet
secunet is one of the leading German providers of high-quality IT security.
Over 280 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 has been the IT security partner of the Federal Republic of Germany
since 2004.
secunet was founded in 1997 and achieved sales of 59.5 million euros in
2010. 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 prognostic statements. Prognostic statements
are statements that do not describe facts of the past; they also include
statements regarding our assumptions and expectations. Every statement in
this press release that conveys our intentions, assumptions, expectations
or predictions (and the assumptions on which they are based) is a
prognostic statement. These statements are based on planning, estimates and
forecasts that are currently available to the management of secunet
Security Networks AG. Prognostic statements therefore only apply to the day
on which they were made. We assume no obligation to further develop such
statements with regard to new information or future events.
End of Corporate News
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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: investor.relations(at)secunet.com
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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Datum: 26.01.2012 - 08:00 Uhr
Sprache: Deutsch
News-ID 107936
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