Ad-hoc | 13 February 2007 08:21
CENIT AG Systemhaus / Preliminary Results/Preliminary Results Ad hoc announcement according to § 15 WpHG transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Executive Board proposes a dividend of 50 cent per share Stuttgart, February 13, 2007 – According to provisional uncertified figures CENIT increased sales by 11% up to 82.2 million € (2005: 74.3 million €). Gross profit improved by 13% up to 59.1 million € (2005: 52.1 million €). EBITDA is 11.2 million € (2005: 10.2 million €/10%). Earnings before interest and taxes (EBIT) climbed from 9.4 million € in 2005 by 9% to e.g. 10.3 million € in the reporting period. EBT is 10,0 million € (2005: 9.0 million €/11%). The earnings per share (EPS) is 1,0 € (2005: 0,81 €)and has a positive stake in. The sales of CENIT software increased by 47% up to 11.2 million €. So that meanwhile 14% of the total turnover is achieved with CENIT-own software. Previous year the sales were 7.7 million € which was about 10% of the total turnover. The external software sales also rose by 13% up to 9.4 million € (2005: 8.3 million €). The revenue in the service sector climbed once again by 9% up to now 46.6 million € (2005: 42.8 million €). Hardware sales declined by 3% to 15 million € (2005: 15.5 million €). CENIT’s goal to increase the number of staff by 10% in 2006 was reached as well. So that the number of staff rose from 523 up to now 576 across the group. The Executive Board and the Supervisory Board will propose the distribution of a dividend of 50 cents (2005: 45 Cent) per share at this year’s Shareholders’ Meeting. Outlook CENIT has set the aim to increase the share of own software in the total turnover on 20 to 30 percent in the next 2-3 years. The rising significance of CENIT-own software will be pushed with a consistant global market orientation and the development of our sales activities for CENIT software together with SAP and Dassault Systèmes, first of all in the USA. Especially the world-wide sales cooperation for the FileNet System Monitoring solution will affect our business positively. The Executive Board assumes that in 2007 and 2008 all business segments will contribute significantly to ameliorate the Group’s operative performance. In 2007 and 2008 we expect a group turnover in line with the market growth. CENIT intends to increase the number of staff again by 10% in 2007. If the positive trend of market should endure in 2008 a further engagement of personnel is intended Certified results and figures of the financial year 2006 will be announced on occasion of our press conference on financial statements at March 27, 2007. Information about CENIT: CENIT AG Systemhaus is an internationally operating consulting company which employs more than 570 people. Focusing Product Lifecycle Management Consulting, Application Managemnet Outsourcing and Enterprise Content Management solutions, the company was founded in 1988 and is listed in Germany's Prime Standard. Customers are Allianz, BMW, DaimlerChrysler, EADS, Airbus, AXA, Metro ,VW and many small and medium-sized enterprises. http://www.cenit-group.com --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: 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. Contact: Fabian Rau Vice President Investor Relations f.rau@cenit.de Telefon: +49 711 - 78 25 3185 Fax: +49 711 - 78 25 44 4185 DGAP 13.02.2007 ----------------------------------------------------------------------