DGAP-News: InVision Software AG: InVision Software AG Achieves Positive EBIT for the First Half Year of 2012, According to Preliminary Results
(firmenpresse) - DGAP-News: InVision Software AG / Key word(s): Preliminary
Results/Half Year Results
InVision Software AG: InVision Software AG Achieves Positive EBIT for
the First Half Year of 2012, According to Preliminary Results
16.07.2012 / 10:53
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InVision Software AG Achieves Positive EBIT for the First Half Year of
2012, According to Preliminary Results
- EBIT of approximately EUR +0.2 million, revenues of approximately EUR
6.8 million
- Liquid funds increased by approximately 80 percent to approximately EUR
3 million
Ratingen (Germany), 16th July 2012 - According to preliminary results,
InVision Software AG (ISIN: DE0005859698) achieved revenues of
approximately EUR 6.8 million in the first half year of the financial year
2012. This is slightly above the revenues for the first half year of 2011
which were at EUR 6.7 million. Revenues from software and subscriptions
increased by approximately 17 percent to approximately EUR 5.5 million (H1
2011: EUR 4.7 million), whereas services revenues decreased by
approximately 34 percent to approximately EUR 1.3 million (H1 2011: EUR 2
million). At the end of the first half year of 2012, earnings before
interest and taxes (EBIT) equalled approximately EUR +0.2 million, compared
to EUR -0.8 million reported for the same period last year. As of 30th June
2012, liquid funds increased by approximately 80 percent to approximately
EUR 3 million (31st December 2011: EUR 1.7 million).
The 2012 preliminary results for the first half of this year revealed that
the company is ahead of schedule in transforming its business model to
cloud computing. Within this radical transition phase, one-off licence
revenues and project services are gradually being replaced by subscriptions
to cloud computing services. Currently, the focus is on execution and
optimisation, and the initiatives and projects already launched will be
subsequently transferred into regular operations. The InVision Software AG
Executive Board is confident that all significant measures will be
completed during the second half of 2012, and that the positive financial
development achieved in the first six months will continue into the second
half of this year.
From 13th August 2012, the complete financial report for the first half
year of 2012 will be available for download from the Company's website at:
http://www.invisionwfm.com/uk/global_pages/investor_relations/financial_re
ports.
About InVision Software
InVision Software is a leading international provider of cloud-based
workforce management solutions which enable companies to optimise their
staff planning and scheduling processes. InVision empowers customers to
reduce personnel costs, increase productivity, improve employee
satisfaction and to boost revenue by leveraging better customer service.
Founded in 1995 and based in Ratingen (Germany), InVision currently employs
about 150 WFM specialists and has offices across Europe, North America, and
South Africa. InVision Software AG (IVX) is listed in the Prime Standard
Segment of the Frankfurt Stock Exchange.
Further information: www.invisionwfm.com
Contact:
InVision Software AG
Investor Relations
Jutta Handlanger, Head of Corporate Communications
Halskestraße 38, D-40880 Ratingen, Germany
phone: +49 (0)2102 728-444
eMail: ir(at)invisionwfm.com
End of Corporate News
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16.07.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's 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: InVision Software AG
Halskestraße 38
40880 Ratingen
Germany
Phone: +49 (0)2102 / 728-0
Fax: +49 (0)2102 / 728-111
E-mail: info(at)invision.de
Internet: www.invision.de
ISIN: DE0005859698
WKN: 585969
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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177925 16.07.2012
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Datum: 16.07.2012 - 10:53 Uhr
Sprache: Deutsch
News-ID 165285
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