DGAP-News: itelligence AG publishes detailed key figures for Q1 2012
(firmenpresse) - DGAP-News: itelligence AG / Key word(s): Quarter Results
itelligence AG publishes detailed key figures for Q1 2012
24.04.2012 / 08:57
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itelligence AG publishes detailed key figures for Q1 2012
Dynamic growth continues
Revenues up 25.6% to MEUR 94.1
itelligence records revenue growth of 68.9% in Western Europe
Bielefeld, April 24, 2012 - With the publication of its first quarterly
report for 2012, itelligence AG is confirming its positive performance in
the early part of the current fiscal year. The 25.6% increase in total
revenues to MEUR 94.1 (previous year: MEUR 74.9) is attributable to the
acquisitions in the previous year (+12.4%) as well as strong organic growth
(+13.2%). Orders on hand continued to develop positively, increasing by
18.4% to MEUR 274.3 at the end of the first quarter of 2012 (previous year:
MEUR 231.6).
itelligence enjoyed particularly strong growth in Western Europe, with
revenues rising by 68.9%, from MEUR 12.2 to MEUR 20.6. The largest revenue
contribution was provided by the Germany/Austria/Switzerland region, which
saw growth of 14.7% to MEUR 43.0 after MEUR 37.5 in the previous year. The
USA was the second strongest geographical segment in terms of revenues,
generating MEUR 21.3 after MEUR 19.2 in the previous year (+10.7%), while
the Eastern Europe segment contributed MEUR 6.8 to the Company's revenue
growth, up 47.9% on the prior-year figure of MEUR 4.6. Finally, the Asia
segment, which is currently under development, more than doubled its
revenues year-on-year to MEUR 1.4 (previous year: MEUR 0.6).
Herbert Vogel, CEO of itelligence AG: 'We believe it is an extremely good
sign that we have been able to record growth in almost all segments and
divisions in the first quarter of fiscal year 2012. This provides us with
excellent foundations for strong growth at itelligence AG in the current
year even allowing for the possibility of only moderate expansion in the
wider market.'
itelligence AG also recorded earnings growth once again, with EBIT
improving by 8.6% in the first three months of 2012, from MEUR 3.5 to MEUR
3.8. The EBIT margin amounted to 4.0% after 4.7% in the same period of the
previous year as a result of bad debt allowances totaling around MEUR 0.3
and the slightly lower level of consultant utilization. Despite this,
itelligence's consolidated net profit increased from MEUR 1.9 to MEUR 2.4,
while earnings per share improved from EUR 0.07 to EUR 0.08.
Norbert Rotter, CFO of itelligence AG: 'The way we have started the current
year serves to confirm our forecasts of total revenues of MEUR 375-400 and
an EBIT margin of between 6.2% and 6.4% in 2012. As in previous years, we
will also continue to look for suitable companies that will complement us
either geographically or technologically.'
A detailed presentation of the first quarter of 2012 can be found in the
Interim Report 1/2012 on the Company's website at www.itelligence.de.
itelligence is one of the leading international full-service providers of
solutions in support of SAP solutions, employing more than 2,300 highly
qualified employees in 20 countries and in five regions (America, Asia,
Western Europe, Eastern Europe and Germany/Austria/Switzerland). As a
frequently awarded SAP partner, among others global value-added reseller,
SAP Certified in Cloud Services and SAP Gold Partner Business ByDesign,
itelligence realizes complex projects in the SAP solution-based environment
for over 4,000 customers worldwide. In 2006, itelligence obtained
gold-level status as an SAP channel partner as part of the SAP
PartnerEdge(TM) program in Germany, and in the U.S. in 2007. The company's
services in support of SAP solutions range from consulting and licensing to
outsourcing and services to proprietary industry-specific SAP. In 2011,
itelligence generated total sales of MEUR 342.4.
End of Corporate News
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Language: English
Company: itelligence AG
Königsbreede 1
33605 Bielefeld
Germany
Phone: +49 (0)521 91448-106
Fax: +49 (0)521 91445-201
E-mail: katrin.schlegel(at)itelligence.de
Internet: www.itelligence.de
ISIN: DE0007300402
WKN: 730 040
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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166269 24.04.2012
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Datum: 24.04.2012 - 08:57 Uhr
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