Ad-hoc | 24 April 2013 08:09
REALTECH AG / Key word(s): Quarter Results
24.04.2013 08:09
Dissemination 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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* Slight increase in Group revenue
* Consulting revenues up 4 %
* Software business down 6 %
* Operating profit (EBIT) at minus EUR 1.0 million
Walldorf, April 24, 2013. REALTECH AG recorded Group revenue of EUR 9.5
million in the first quarter of 2013, which was slightly higher than in the
previous year (first quarter of 2012: EUR 9.4 million). Consulting revenue
increased by 4 % to EUR 6.6 million (EUR 6.4 million) while revenue in the
Software segment fell by 6 % to EUR 2.9 million (EUR 3.1 million).
Income from operations (EBIT) decreased from minus EUR 0.4 million to minus
EUR 1.0 million, primarily as a result of investments in personnel. Net
income decreased accordingly from minus EUR 0.7 million to minus EUR 1.2
million, which corresponds to earnings per share of minus EUR 0.22 compared
to minus EUR 0.13 in Q1/2012.
The Executive Board predicts that the investments in the necessary
restructuring of REALTECH and renewing the portfolio will meet future
market demand and make the company more powerful. However, the fact that
revenue did not increase consistently in the first quarter shows that the
current market environment continues to be ambitious and that REALTEACH can
approach these new markets even better and even faster
Furthermore, several of the new developments will only reach market
maturity in the second half of the year and become available for sale.
These developments continue to take time, especially when they need to be
impressive in the long term with regard to quality and range of functions.
We are certain that we will overcome these challenges in fiscal year 2013
with our range of services, innovative product portfolio and our motivated
and highly trained experts.
REALTECH will be publishing its quarterly report for Q1/2013 on May 2,
2013.
Contacts:
Volker Hensel
Investor Relations
REALTECH AG, 69190 Walldorf
Tel.: +49 6227 837 500
Fax: +49 6227 837 9134
E-mail: investors@realtech.com
24.04.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: REALTECH AG
Industriestraße 39c
69190 Walldorf
Germany
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, Düsseldorf, Hamburg, München, Stuttgart
End of Announcement DGAP News-Service
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