DGAP-News: InVision Software AG: Final Nine-Month Figures for 2011 Confirm Preliminary Results
(firmenpresse) - DGAP-News: InVision Software AG / Key word(s): Interim Report/Quarter
Results
InVision Software AG: Final Nine-Month Figures for 2011 Confirm
Preliminary Results
15.11.2011 / 09:39
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InVision Software AG: Final Nine-Month Figures for 2011 Confirm Preliminary
Results
- Revenues are at EUR 9.0 million, EBIT at EUR -2.1 million
- Transition to cloud-computing proceeding on schedule
Ratingen (Germany), November 15th, 2011 - InVision Software AG (ISIN:
DE0005859698), one of the leading international providers of cloud-based
workforce management, has confirmed the preliminary figures reported for
the first nine months of 2011. Revenues are at EUR 9.0 million compared to
EUR 10.7 million for the same period of the previous year. Of this amount,
EUR 6.8 million is attributable to software and subscriptions, while the
remaining share of revenues is attributable to services. Earnings before
interest and taxes (EBIT) equalled EUR -2.1 million compared to EUR -0.2
million reported for the same period last year.
These figures have been strongly impacted by the change in the Company's
business model from licenses to cloud-computing. As a result of this
transition, regular monthly payments by the customers are now replacing
license revenues, which typically fall due when the job is awarded. The
transition of the business model is proceeding on schedule. The positive
effects of this strategic re-positioning should materialise during the
course of 2012.
The complete financial report for the first nine months of 2011 is now
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 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.
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)invision.de
End of Corporate News
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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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Datum: 15.11.2011 - 09:39 Uhr
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