DGAP-News: PSI with Record Volume of New Orders in First Quarter
(firmenpresse) - DGAP-News: PSI Aktiengesellschaft / Key word(s): Quarter
Results/Interim Report
PSI with Record Volume of New Orders in First Quarter
29.04.2013 / 09:01
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PSI with Record Volume of New Orders in First Quarter
- New orders increased by 6 % to 73 million Euros
- Group revenues grow by 11 % to 45.4 million Euros
- EBIT 2 % over previous year at 2.1 million Euros
The PSI Group once again attained a record volume of new orders in the
first quarter of 2013 with 73 million Euros (31 March 2012: 69 million
Euros). Group sales increased by 11 % to 45.4 million Euros (31 March 2012:
40.8 million Euros), the order book volume on 31 March 2013 grew by 4 % to
145 million Euros (31 March 2012: 140 million Euros). The EBIT for the
first quarter of 2013 improved by 2 % to 2.1 million Euros (31 March 2012:
2.04 million Euros), the group net result was, at 1.6 million Euros, 19 %
above the previous year (31 March 2012: 1.3 million Euros).
Energy Management (gas, oil, electricity, heat) attained 6 % lower sales of
14.9 million Euros (31 March 2012: 15.8 million Euros) in the first
quarter. The EBIT for the segment was, at 0.4 million Euros, considerably
below that of the previous year (31 March 2012: 0.8 million Euros). The gas
and oil business continued its very good development and was awarded two
major contracts from Germany and Russia. The electrical energy business won
important contracts from Germany and the European neighbours, but continued
to be burdened by the energy transition in Germany and the rollout of the
new standard product. The Energy Trading business started with expenses for
the bundling and modernisation of the energy data management software.
Sales in Production Management (raw materials, industry, logistics) were,
at 23.0 million Euros, 10 % above the value for the previous year (31 March
2012: 20.8 million Euros) in the first three months. The EBIT, at 1.2
million Euros, remained constant (31 March 2012: 1.2 million Euros). The
metal industry business continued its good development; logistics was
burdened by the high development costs in software for logistics centres.
In Infrastructure Management (transportation and security) sales were
significantly increased to 7.5 million Euros (31 March 2012: 4.2 million
Euros) as a result of the expansion of the system business. The EBIT for
the segment doubled to 0.8 million Euros (31 March 2012: 0.4 million
Euros). The business in Southeast Asia and Poland developed especially
well.
Primarily due to the expansion of capacity in the export markets, the
number of employees in the group increased as of 31 March 2013 to 1,622 (31
March 2012: 1,517). The cash flow from operations, which was weak at 0.8
million Euros at the end of 2012, recovered to 3.4 million Euros,
significantly above the value for the previous year (31 March 2012: 1.8
million Euros). Liquidity increased to 36.1 million Euros (31 March 2012:
35.3 million Euros).
With the founding of the Brazilian subsidiary PSI Metals Brazil Ltda., PSI
is increasing activities in the Latin American market, expanding the
on-site support for existing customers and at the same time growing the
regional sales activities.
The very high volume of new orders since the beginning of the year
represents a good basis for achieving the year's quantitative and
qualitative goals. In the coming quarters PSI expects a continued high
demand for solutions for the improvement of the energy, working and
materials efficiency as well as additional exciting major contracts.
On the basis of its own software products, PSI AG develops and integrates
complete solutions for energy management (gas, oil, electricity, heat,
energy trading), production management (mining, metals, automotive,
mechanical engineering, logistics) and infrastructure management for
transport and safety. PSI was founded in 1969 and employs 1,600 persons
worldwide. www.psi.de
PSI AG
Karsten Pierschke
Head of Communications and Investor Relations
Dircksenstraße 42-44
10178 Berlin
Phone: +49 30 2801-2727
Fax: +49 30 2801-1000
E-Mail: KPierschke(at)psi.de
End of Corporate News
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Language: English
Company: PSI Aktiengesellschaft
Dircksenstraße 42-44
10178 Berlin
Germany
Phone: +49 (0)30 2801-0
Fax: +49 (0)30 2801-1000
E-mail: ir(at)psi.de
Internet: www.psi.de
ISIN: DE000A0Z1JH9
WKN: A0Z1JH
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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208841 29.04.2013
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Datum: 29.04.2013 - 09:01 Uhr
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