Ad-hoc | 22 December 2010 15:57


secunet Security Networks AG: Jump in fourth-quarter earnings

secunet Security Networks AG  / Key word(s): Final Results/Change in Forecast

22.12.2010 15:57

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[Essen, 22 December 2010] secunet Security Networks AG, Essen, is expected
to close the fourth quarter of 2010 with a very good result. The company's
Management Board is now projecting revenue of around EUR 20 million and
EBIT of just over EUR 3 million for the fourth quarter of 2010. This would
slightly exceed the previous full-year forecast made by the provider of
sophisticated IT security solutions and IT security partner of the Federal
Republic of Germany: the company now expects to post revenue in excess of
EUR 58 million, compared with its earlier forecast of EUR 57 million. The
jump in fourth-quarter revenue will also result in a much higher full-year
EBIT than previously forecast: this is now expected to top EUR 3 million,
compared with the Management Board's previous forecast of over EUR 2
million. Q4 is traditionally secunet's strongest quarter both in terms of
revenue and EBIT. The sharp rise in EBIT is attributable to high capacity
utilisation and a large share of revenue from licensing. The sale of a
major licence had a disproportionate impact on licensing revenue.
secunet will publish its preliminary figures for the 2010 financial year on
26 January 2011.

secunet Security Networks AG
Corporate Communications
Dr. Kay Rathke
Tel +49 (0)201 5454 1221
E-Mail: kay.rathke@secunet.com 
secunet Security Networks AG
Kronprinzenstrasse 30
45128 Essen/Germany




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Language:     English
Company:      secunet Security Networks AG
              Kronprinzenstrasse 30
              45128 Essen
              Deutschland
Phone:        +49 (0)201 - 5454 - 1234
Fax:          +49 (0)201 - 5454 - 1235
E-mail:       investor.relations@secunet.com
Internet:     www.secunet.com
ISIN:         DE0007276503
WKN:          727650
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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