Ad-hoc | 24 April 2008 08:09
REALTECH AG / Quarter Results
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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-Group revenue up 16% to EUR 16.5 million
-Consulting revenue up 15%
-Software business increased by 20%
-EBIT up 42%
-Increase in net cash and cash equivalents and cash flow
Walldorf, April 24, 2008. REALTECH AG recorded revenue of EUR 16.5 million
in the first quarter of 2008, 16% up on the figure for the previous year
(first quarter of 2007: EUR 14.2 million). Consulting revenues increased by
15% compared with Q1/2007 to EUR 13.1 million (EUR 11.4 million). Revenues
in the software segment rose by 20% to EUR 3.4 million (EUR 2.8 million).
EBITDA (earnings before interest, taxes, depreciation, and amortization)
increased 27% to EUR 1.3 million (EUR 1.0 million). Income from operations
(EBIT) was up 42% to EUR 1.1 million (EUR 0.8 million).
Net income almost doubled to EUR 0.6 million (EUR 0.3 million),
corresponding to earnings per share of EUR 0.12 (EUR 0.06).
In the first three months of 2008, the company recorded a EUR 1.6 million
cash flow from operating activities (EUR 1.1 million). At the end of March
2008, net cash and cash equivalents stood at EUR 29.6 million, compared
with EUR 28.1 million at the end of 2007 and EUR 29.0 million at the end of
last March.
REALTECH confirms the ambitious goals set for fiscal year 2008 (revenue
growth of 14% and EBIT growth of 11%) and will be publishing its report on
the 1st quarter of 2008 on May 7, 2008.
Contact person:
Volker Hensel
Investor Relations
REALTECH AG, 69190 Walldorf
Germany
Tel.: +49 6227 837 500
Fax: +49 6227 837 9134
24.04.2008 Financial News transmitted by DGAP
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Language: English
Issuer: REALTECH AG
Industriestraße 39c
69190 Walldorf
Deutschland
Phone: +49 (0)6227 837-500
Fax: +49 (0)6227 837 9134
E-mail: investors@realtech.com
Internet: www.realtech.com
ISIN: DE0007008906
WKN: 700890
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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