Corporate | 7 November 2006 09:46
Pironet NDH with accelerated growth
Corporate news transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Cologne, Germany, November 7, 2006: Pironet NDH has accelerated its rate of
growth and continued the disproportionate profit momentum. The increase in
customer interest with the expansion of the product range and the further
improvements in utilisation in the field of ICT-outsourcing are reflected
in the figures to an ever greater extent.
Compared to the growth rate still at 7.5% in the middle of the year, the
3rd quarter produced a plus in double figures. Turnover climbed by 11.5% to
11.2 million EUR, reaching the highest quarterly result in the company’s
history. Earnings rose sharply. EBIT (earnings before interest and taxes)
soared by 34% to 0.63 million EUR (previous year: 0.47 million EUR), the
EBIT margin advanced by one percentage point to 5.6%. With the financial
results remaining unchanged (0.2 million EUR) pre-tax profits rose by 23.9%
to 0.83 million EUR.
The cumulated figures for the first nine months of the current financial
year show record figures for turnover and profit. Revenues increased by
8.6% from 29.1 million EUR to 31.6 million EUR. EBIT improved by 26.5% to
1.7 million EUR. As a result of financial results slipping to 0.4 million
EUR (0.54 million EUR), pre-tax profits could not keep pace. They rose by
11.1% to 2.1 million EUR.
The Board of Directors is very confident of meeting the targets set for the
final quarter of the current financial period of 42 million EUR turnover
with a disproportionately large growth in profits.
The Board of Directors
About Pironet NDH
Founded in 1995, Pironet NDH offers innovative solutions for the creation,
synchronization and distribution of digital content of any kind, as well as
for the optimization of internal and external business processes. The
company’s main areas of expertise include consulting and creative services,
software products and the operation of business-critical infrastructures
and applications. The technology firm listed on the stock exchange with
headquarters in Cologne employs more than 300 people in several offices in
Europe. Clients include both medium-sized companies and international
corporate groups.
Further information:
Pironet NDH AG
Investor Relations
Theodor Heuss Str. 92 – 100
51149 Cologne, Germany
Tel.: +49 (0)2203/935 30 3951
Fax: +49 (0)2203/935 30 3959
ir@pironet-ndh.com
www.pironet-ndh.com/ir
(c)DGAP 07.11.2006
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Language: English
Issuer: Pironet NDH AG
Theodor – Heuss Strasse 92 – 100
51149 Köln Deutschland
Phone: +49 (0)220 393530 – 39
Fax: +49 (0)220 393530 – 39
E-mail: ir@pironet-ndh.com
WWW: www.pironet-ndh.com
ISIN: DE0006916406
WKN: 691640
Indices:
Listed: Geregelter Markt in Frankfurt (General Standard); Freiverkehr
in Berlin-Bremen, Hannover, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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