CENIT AG Systemhaus / Preliminary Results
15.02.2010 08:11
Dissemination of an 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.
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CENIT releases preliminary figures for 2009
Stuttgart, 15 February 2010 - Over the course of the 2009 business year,
CENIT AG was able to prove that the Group can achieve a solid result even
in the face of increasingly difficult and unstable economic framework
conditions. Indeed, to achieve this feat despite the fact that 2009 saw
declining capacity utilization in the service sector. The primary reason
for the latter was widespread short-time work in the auto industry customer
segment. At the same time, CENIT also had to compensate for persistent
investment reluctance in the market for software products.
According to preliminary, unaudited figures, the Group achieved
consolidated sales of 86.6 m EUR (2008: 83.4 m EUR /+4%). CENIT attained
EBITDA of 5.3 m EUR (2008: 6.2 m EUR/-13%) and EBIT of 3.9 m EUR (2008: 4.8
m EUR/-18%). Earnings per share (EPS) were 0.34 EUR (2008: 0.40 EUR/-15%).
As at 31 December 2009, the number of employees Group-wide was 695 (2008:
721). At the balance sheet date, equity capital totalled 28.2 m EUR (2008:
25.4 m EUR). On the balance sheet date, bank deposits and short-term
securities totalled 19.5 m EUR (2008: 13.2 m EUR).
Outlook
Over recent years, CENIT AG has created a sound foundation for steady,
positive business development. We will continue to build upon this in the
years to come, and expect to see positive developments during the 2010
business year. We intend to focus particularly on further developing our
operative software business. In addition, our strong cash flow enables us
to keep making acquisitions that strengthen us in technological or market
position terms.
Detailed results for the 2009 business year as well as the proposal for the
allocation of the net profit will be published on the occasion of our
balance sheet press conference on 31 March 2010. The figures cited above
are preliminary, unaudited Group figures as per IFRS.
About CENIT:
The enterprise has been active as a specialist for product lifecycle
management, enterprise content management solutions and application
management outsourcing since 1988. CENIT is listed on the Prime Standard of
Deutsche Börse and currently employs about 700 staff. Among others, CENIT
serves clients such as Allianz, W&W, Daimler, EADS Airbus, VR kreditwerk,
BWB and Kuka. Many of our customers are medium-sized enterprises,
particularly from the automotive and mechanical engineering sectors, e.g.
Jungheinrich, Flow, Viessmann or Georg Fischer. http://www.cenit.de
CENIT arbeitet u.a. für Kunden wie Allianz, W&W, Daimler, EADS Airbus, VR
kreditwerk, BWB oder Kuka. Ein GroÃteil der Kunden kommt aus dem
Mittelstand, dort insbesondere aus dem Umfeld der Automobilindustrie und
dem Maschinenbau wie zum Beispiel Jungheinrich, Flow, Viessmann oder Georg
Fischer
Please send queries to:
CENIT AG Systemhaus,
Fabian Rau
IndustriestraÃe 52-54, D-70565 Stuttgart
Tel.:+49 711 7825-3185
Fax:+49 711 782544-4185
Email: f.rau@cenit.de
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Information and Explaination of the Issuer to this News:
Additional information:
This press/ad hoc report may contain future-oriented statements regarding
the business, financial and earnings situation of as well as profit
projections for CENIT. Such future-oriented statements are characterized by
terms or statements such as 'the company may' or 'the company will',
'expects', 'assumes ', 'is considering', 'intends to', 'plans', 'believes',
'will continue to' and/or 'estimates', as well as similar terms and
statements. Such statements contain no guarantee that the projections will
in fact be achieved. Rather, such statements involve risks, imponderables
and assumptions that are difficult to predict and, in addition, are based
on assumptions as to future events which may prove to be incorrect. For
this reason, actual events may diverge significantly from the assumptions
contained in the above statement. In a future-oriented statement by which
CENIT expresses expectations or assumptions with regard to future events,
these expectations or assumptions are made in good faith, and it shall be
assumed that they are made upon an appropriate basis; however, it cannot be
guaranteed that the said statements, expectations or assumptions shall
indeed occur, be attained or fulfilled. The actual operative result may
diverge significantly from such future-oriented statements and is subject
to certain risks. In this regard, please refer to the Business Report of
CENIT AG Systemhaus.
15.02.2010 08:11 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|]
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Language: English
Company: CENIT AG Systemhaus
IndustriestraÃe 52 - 54
70565 Stuttgart
Deutschland
Phone: +49 (0)711 78 25 - 30
Fax: +49 (0)711 78 25 - 4000
E-mail: aktie@cenit.de
Internet: www.cenit.de
ISIN: DE0005407100
WKN: 540710
Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;
Freiverkehr in Berlin, München, Düsseldorf, Hamburg
End of News DGAP News-Service
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DGAP-Adhoc: CENIT AG Systemhaus: CENIT releases preliminary figures for 2009
| Source: EQS Group AG