Media | 24 July 2015 11:20
(DGAP-Media / 2015-07-24 / 11:20)
* Group revenue up
* EBIT with minus EUR 0.3 million still negative
* Net income minus EUR 0.6 million
Walldorf, July 24, 2015. Now that stability has been restored within the
Group, REALTECH is currently undergoing a period of transformation. The
company is fundamentally reshaping its product portfolio - in preparation
for the intensified competition in a digital world that continues to be
highly dynamic.
Simultaneous innovations such as in-memory, big data, social media, cloud
computing, mobile technologies, and Industry 4.0, are triggering changes in
many organizations. We see this change as an opportunity that we will
exploit with in a determined and strategic manner. After all, REALTECH
knows the potential of the new technologies and supports IT managers in
evaluating them to the benefit of their own corporate strategies and using
them in a profitable manner.
Now to the figures: in the first half of 2015, REALTECH AG recorded Group
revenue of EUR 17.8 million, which was 5 % higher than in the previous year
(first half of 2014: EUR 16.9 million). At the same time, Consulting
revenue rose by 9 % to EUR 12.6 million. This was primarily due to the
improved capacity utilization of our consultants in Germany and abroad.
Revenue in the Software segment remained on par with the previous year at
EUR 5.3 million.
We improved operating profit (EBIT) from minus EUR 1.3 million to minus EUR
0.3 million and the EBITDA from minus EUR 0.7 to plus EUR 0.1 million. Net
income on June 30, 2015 rose from minus EUR 1.5 million to minus EUR 0.6
million compared with the first six months of the previous year. This
results in earnings per share of minus EUR 0.11 following minus EUR 0.28 in
the previous year.
On the key date of June 30, 2015, REALTECH had 302 employees (June 30,
2014: 342). In Germany, there were 217 employees (262).
With the continued renewal of our company, which has a healthy foundation,
we aim to return to the forefront of our industry. We are continuing 2015's
new start with sound judgment, prudence and a clear focus on the future. On
this basis, the Executive Board continues to expect operating profit (EBIT)
for the 2015 fiscal year to improve in a range between EUR 0.0 million and
EUR 1.0 million.
REALTECH will be publishing its report on the first half of 2015 on August
6, 2015.
REALTECH AG
The Executive Board
Contact:
Investor Relations
REALTECH AG, 69190 Walldorf
Tel.: +49.6227.837.500
Fax: +49.6227.837.546
E-mail: investors@realtech.com
www.realtech.com
End of Media Release
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Issuer: REALTECH AG
Key word(s): Finance
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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: Regulated Market in Frankfurt (General Standard);
Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Munich, Stuttgart, Tradegate Exchange
End of News DGAP-Media
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