DGAP-News: First half of 2013 for secunet: revenue grows, EBIT improves, annual forecast unchanged
(firmenpresse) - DGAP-News: secunet Security Networks AG / Key word(s): Half Year
Results
First half of 2013 for secunet: revenue grows, EBIT improves, annual
forecast unchanged
07.08.2013 / 08:01
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First half of 2013 for secunet: revenue grows, EBIT improves, annual
forecast unchanged
[Essen, 7 August 2013] secunet Security Networks AG (ISIN DE0007276503, WKN
727650), a leading German supplier of high-quality IT security and an IT
security partner of the Federal Republic of Germany, published its 6-Month
Financial Report for 2013 today. In the period from January to June,
revenue was up 8% on the previous year. EBIT at the end of the first six
months had improved compared to the previous year. At the midway point of
the year, the volume of orders remained at consistently high and the
company is therefore standing by its forecasts for revenue and EBIT.
Between January and June 2013, the secunet Group generated revenue of Euro
27.3m. This corresponds to an increase of 8% compared to the same period in
the previous year (Euro 25.3m). All business units have contributed to the
increase in revenue. The revenue from the Business Sector, which offers IT
security for companies in the private sector, has increased sharply. Here,
revenue increased by 21% from Euro 6.0m in the first half of 2012 to Euro
7.2m in the current reporting period. In the Public Sector, which supplies
the SINA high-security product range and IT security for government and
international organisations, revenue rose by 4% from Euro 19.3m to Euro
20.1m in the first half of the current year.
secunet concluded the first half of 2013 with earnings before interest and
tax (EBIT) of Euro -0.3m. This represents an improvement of Euro 0.4m
compared to the previous year's figure (Euro -0.7m). Key to this earnings
trend are the low increase of 2% in the cost of sales from Euro 21.4m in
the first six months of 2012 to Euro 21.8m in the current reporting period,
along with the 1% decrease in general administrative costs to Euro 1.7m for
the period between January and June 2013. At the same time, selling
expenses rose by 44% from Euro 2.9m to Euro 4.1m, mainly due to higher
personnel expenditure.
Due to the formation of deferred taxes, tax income of Euro 0.1m was
generated in the first half of 2013, compared to Euro 0.3m in the same
period in the previous year. Earnings after tax for the period of January
to June 2013 therefore totalled Euro -0.26m compared to Euro -0.34m in the
previous year. Earnings per share for the first six months of the year
improved slightly from Euro -0.05 to Euro -0.04.
On 30 June 2013 the volume of orders of the secunet Group was worth Euro
32.0m according to IFRS, compared to Euro 32.7m in the previous year.
'Our successful products continue to secure the long-term future of the
secunet Group's existing business. This is evident from the consistently
high volume of orders,' says Dr Rainer Baumgart, Chairman of the Management
Board of secunet Security Networks AG. 'There are also promising sales
successes in other areas, which will contribute to our future growth.
Overall, this basis allows us to be confident of future business
performance.'
In light of the business figures for the first half and the continued
optimistic outlook for the second half of 2013, the company's Management
Board is not changing its forecast for the year as a whole. A moderate
revenue increase with earnings before interest and tax (EBIT) remaining at
the same level as the previous year is anticipated.
Investor Relations contact
Dr. Kay Rathke, CIRO
Head of Investor Relations
Phone +49 201 54 54-1227
Fax +49 201 54 54-1228
E-mail: investor.relations(at)secunet.com
Press contact
Christine Skropke
Spokesperson
Patrick Franitza
Press Relations Officer
secunet Security Networks AG
Kronprinzenstrasse 30
45128 Essen/Germany
Phone +49 201 54 54-1234
Fax +49 201 54 54-1235
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 300 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 is IT security partner of the Federal Republic of Germany and
partner in the Alliance for Cyber Security.
secunet was founded in 1997 and achieved sales of EUR 67.2 million in 2012.
secunet Security Networks AG is listed on the Prime Standard of the German
Stock Exchange
Additional data is available from www.secunet.com
Disclaimer
This press release contains prospective statements. Prospective statements
are statements which do not describe actual facts from the past; they also
comprise of statements about our suppositions and expectations. Every
statement in this press release which reflects our intentions,
suppositions, expectations or forecasts (together with the suppositions
which give rise to such views) constitutes a prospective statement. These
statements refer to plans, estimates and forecasts which the management of
secunet Security Networks AG currently dispose of. Thus prospective
statements only refer to the day on which they were made. We shall accept
no obligation to further develop such statements in the light of new
information or future results.
End of Corporate News
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07.08.2013 Dissemination of a Corporate News, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.
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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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224372 07.08.2013
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Datum: 07.08.2013 - 08:01 Uhr
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