Ad-hoc | 27 October 2005 08:34

CENIT AG Systemhaus:CENIT with significant profit in the past 9 months

Ad hoc announcement §15 WpHG 9-Months Report: CENIT with significant profit CENIT AG Systemhaus:CENIT with significant profit in the past 9 months Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— CENIT with significant profit in the past 9 months EBIT improved by 67 % and amounted to EUR 6.55 million Stuttgart – 27 October 2005 – 08:00 a.m. – It is clear from 9-months figures presented here that CENIT will surpass its business targets for 2005. The positive business developments at CENIT were driven by growth in our three core business areas of Product Lifecycle Management, Enterprise Content Management und Outsourcing Solutions. Sales of our own CENIT software solutions continue to develop positively. Consolidated sales increased by 7 percent to EUR 54.51 million (2004: EUR 50.95 million). Consolidated gross income reached EUR 38.77 million (2004: EUR 34.32 million/13 %). Group EBITDA rose by 61 percent to EUR 7.13 million (2004: EUR 4.43 million). Group EBIT improved by 2.62 million EUR and amounted to EUR 6.55 million (2004:EUR 3.93 million/67%), while Group EBT was EUR 6.43 million (2004: EUR 3.98 million/62%). Group basic EPS were EUR 1.10 (2004: EUR 0.71 / 55%). Group cash flow from operating activities totalled EUR 6,24 million (2004: EUR 4.05 million) The Group’s total assets amounted to EUR 31.07 million (2004: EUR 28.47 million). The equity ratio improved from 49 percent to 55.7 percent. At the end of the period under review, equity was EUR 17.3 million (31 December 2004: EUR 13.9 million). Cash and cash equivalents increased from the previous year’s level of EUR 14.7 million to EUR 17.3 million. If you have any questions, please contact: CENIT AG Systemhaus ISIN – DE0005407100 Fabian Rau/Investor Relations Industriestrasse 52-54 /D-70565 Stuttgart Germany Tel.: (+49) 7 11 / 78 25-3185 Fax: (+49) 7 11 / 78 25-4185 E-Mail: f.rau@cenit.de Forward-Looking Statements This news release may contain forward-looking statements about the business, financial condition, results of operations and earnings outlook of CENIT Words such as “may,””will,” “expect,” “anticipate,” “contemplate,” “intend,” “plans,” “believe,””continue” and “estimate,” and variations of these words and similar expressions, identify these forward-looking statements. These statements are not guarantees of future performance, involve certain risks, uncertainties and assumptions that are difficult to predict, and are based upon assumptions as to future events that may not prove accurate. Therefore, actual outcomes and results may differ materially from what is expressed herein. In any forward- looking statement in which CENIT expresses an expectation or belief as to future results, such expectation or belief is expressed in good faith and believed to have a reasonable basis, but there can be no assurance that the statement or expectation or belief will result or be achieved or accomplished. Actual operating results may differ materially from such forward-looking statements and are subject to certain risks Information about CENIT: CENIT AG Systemhaus is an internationally operating consulting company which employs more than 510 people. Focusing Product Lifecycle Management Consulting, Outsourcing and Enterprise Content Management solutions, the company is listed in Germany’s Prime Standard. Customers are BMW, DaimlerChyrsler, Audi, VW, AIRBUS, CONTI, Allianz, Metro, REWE and others. CENIT AG Systemhaus Industriestraße 52 – 54 70565 Stuttgart Deutschland ISIN: DE0005407100 WKN: 540710 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart End of ad hoc announcement (c)DGAP 27.10.2005 270834 Okt 05