Ad-hoc | 22 February 2006 07:31

CENIT AG Systemhaus: CENIT realises all-time result in 2005 according to provisional figures

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— CENIT realises all-time result in 2005 according to provisional figures Executive Board proposes a dividend doubling up to 60 cent per share Stuttgart, February 22, 2006 – According to provisional uncertified figures CENIT AG Systemhaus obtained a consolidated sales of 74.3 million € (2004: 74.9 million €/-1%). Once again, the service sector increased significantly, accompanied by an exceedingly positive progress of CENIT-own software sales. Hardware sales, in comparision, declined considerably by e.g. 7.2 million € from 21.6 million € in 2004 to e.g. 14,4 million € in 2005. Gross profit improved again by 9% up to 52.3 million € (2004:48 million €). EBITDA is 10 million € (2004: 8.2 million €/22%). EBIT climbed from 7.5 million € in 2004 by 23 % to e.g. 9.2 million € in the report period. CENIT’s Executive Board assumes that the Group’s operative performance will ameliorate furthermore in 2006 and aims additional gain of market share. Therefore, CENIT intends to increase the number of employees by 10% in order to make the base for future growth. This positive outlook is substantiated by the so far biggest invidual order that Airbus placed to CENIT early in 2006. At the same time, CENIT signed a so-called “Prime Supplier Contract” with Airbus Germany that upgrades CENIT to the status of a preferred IT supplier. On occasion of this year’s Shareholders’ Meeting, Executive and Supervisory Board will propose to distribute a dividend of 60 cent per share (2004: 30 cent per share). Certified results and figurs of the financial year 2005 will be announced on occasion of our press conference on financial statements at March 27, 2006. 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 470 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. Contact: Fabian Rau Direktor Investor Relations f.rau@cenit.de Telefon: 0711 – 78 25 3185 Fax: 0711 – 78 25 4185 (c)DGAP 22.02.2006 —————————————————————————