DGAP-News: InVision Software AG Posts Record Sales and Earnings in First Quarter of 2011
(firmenpresse) - DGAP-News: InVision Software AG / Key word(s): Preliminary
Results/Quarter Results
InVision Software AG Posts Record Sales and Earnings in First Quarter
of 2011
15.04.2011 / 09:40
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InVision Software AG Posts Record Sales and Earnings in First Quarter of
2011
- Preliminary figures show that revenues rose about 29 percent to approx.
EUR 3.7 million
- EBIT improves by approximately EUR 1.4 million to around EUR 0.1
million
- Huge interest in cloud-based workforce management
Ratingen (Germany), April 15th, 2011 - InVision Software AG (ISIN:
DE0005859698), one of the leading international providers of company-wide
workforce management (WFM) solutions, has enjoyed a very successful start
in 2011 and according to the preliminary figures, has generated record
sales in the first quarter of 2011. Revenues rose by approximately 29
percent from EUR 2.9 million in the first quarter of 2010 to around EUR 3.7
million in the first quarter of 2011, thereby continuing the growth trend
of 2010. At the same time, EBIT improved by approximately EUR 1.4 million,
increasing from EUR -1.3 million in the first quarter of last year to
around EUR 0.1 million in the first quarter of this year. The results
therefore meet previous company expectations.
The revenue growth in the first quarter was supported by all segments:
Indeed, software and subscription revenues increased from last year by
around 30 percent to approximately EUR 2.6 million, while service revenues
rose by about 27 percent to approximately EUR 1.1 million. In the course of
this very dynamic business growth in the first quarter, the liquid funds of
InVision Software AG have also climbed since 31 December 2010 by EUR 0.7
million to approximately EUR 6.4 million as of 31 March 2011.
InVision is currently converting the core of its business model to
cloud-computing and today is already offering in numerous market segments
its workforce management solutions solely on the basis of a 'Software as a
Service' (SaaS) delivery model. Using this approach - one of the first of
its kind in the world - InVision is once again underscoring its position as
a technology leader. Due to the huge interest shown so far by its
customers, the Company is expecting up to 100,000 users of this new SaaS
platform by the end of the year.
The complete financial report for the first three months of 2011 is
scheduled to be available for download from the Company's website at
www.invisionwfm.com/financial_reports on May 16th, 2011.
About InVision Software AG:
InVision Software is a world-leading supplier of enterprise-wide 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 170 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. Among InVision's clients are numerous
international blue chip companies, such as ABN Amro, Allianz, BMW, Deutsche
Telekom, IKEA, Sky and Vodafone.
Further information: www.invisionwfm.com
Contact:
InVision Software AG
Investor Relations,
Jutta Handlanger,
Halskestrasse 38,
40880 Ratingen (Germany),
phone: +49 (0)2102 728-444,
fax: +49 (0)2102 728-111,
email: ir(at)invision.de
End of Corporate News
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Language: English
Company: InVision Software AG
Halskestraße 38
40880 Ratingen
Deutschland
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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120107 15.04.2011
Datum: 15.04.2011 - 09:40 Uhr
Sprache: Deutsch
News-ID 33799
Anzahl Zeichen: 0
contact information:
Kategorie:
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