CENIT AG
Sales and EBIT at CENIT in line with expectations – First quarter 2016 goes according to plan
DGAP-News: CENIT AG / Key word(s): Quarter Results Stuttgart, May 10, 2016 – Compared to the same period last year sales and EBIT of CENIT AG are, as expected, somewhat lower in the first quarter. This is mainly due to the decline in sales in the EIM field while the PLM area could achieve a sales increase of 5.5%. During the first 3 months, CENIT Group generated sales revenues of EUR k 29,628 (prior year: EUR k 30,426/-2.6%). In the PLM segment, CENIT achieved Q1 earnings of EUR k 25,407 (prior year: EUR k 24,077/5.5%). The EIM segment attained a sales total of EUR k 4,221 against EUR k 6,349 during the same period of 2015 (-33.5%). Sales revenues in CENIT’s Consulting and Services segment declined by -4.6% to EUR k 12,088 (prior year: EUR k 12,676). Sales of third-party software grew by 1.3% to EUR k 13,583 (prior year: EUR k 13,414). Sales proceeds from CENIT’s proprietary software fell from EUR k 4,264 to EUR k 3,931 (-7.8%). The gross yield (operating output less cost of materials) amounted to EUR k 18,526 (prior year: EUR k 19,794), representing a decrease of -6.4%. CENIT achieved EBITDA of EUR k 2,745 (prior year: EUR k 2,901/-5.4%) and EBIT of EUR k 2,095 (prior year: EUR k 2,402/-12.8%). Results per share were EUR 0.19 (prior year: EUR 0.22). Orders Development During the first three months, the Group-wide order intake totaled EUR k 34,618 (prior year: EUR k 39,250). On 31st March 2016, orders in hand amounted to EUR k 35,097 (prior year: EUR k 35,884). Asset and Financial Situation The enterprise has no liabilities in relation to credit institutions, either of a short-term or long-term nature. On the balance-sheet date, equity capital totaled EUR k 42,291 (31st Dec. 2015: EUR k 39,843), accounting for an equity ratio of 57.0% (31st Dec. 2015: 59.6%). On 31st March 2016 bank Employees On 31 March 2016, CENIT Group employed 629 staff (prior year: 640). Group-wide personnel costs for the reporting period were EUR k 12,490 (prior year: EUR k 12,750). CENIT is currently training 40 young professionals in various vocations. The trainees include students from the Dual-Training University of Baden-Württemberg (DHBW) in the fields of informatics and economics, as well as trainees in the field of information technology. Outlook For the current year, the CENIT Group targets sales growth by 5%. On the whole, CENIT is anticipating a high single-digit rise in earnings (EBIT). Please visit CENIT’s homepage for the full Q1 Report 2016: www.cenit.com/reports. About CENIT: CENIT is your partner for successful digital transformation. With a broad solutions and services portfolio, CENIT enables clients to optimize their horizontal and vertical business processes. Our solutions are based on innovative technologies in: product lifecycle management, the digital factory and enterprise information management. With interdisciplinary knowledge of the processes involved and their considerable expertise in the field, CENIT consultants provide customers with end-to-end advice to ensure that solutions are implemented with an understanding of the entire value chain. With a holistic approach and based on trusted partnerships, CENIT takes responsibility for solutions on behalf of our clients. From the initial consultation to the introduction of innovative IT solutions, right through to ensuring a cost-effective operation. The CENIT team adapts to each client, taking a practical approach, which enables measurable, operational optimizations. CENIT has been helping prestigious customers in key industries to gain competitive advantages for over 25 years! Cenit has over 700 employees worldwide who work with customers from: automotive, aerospace, industrial equipment, tool and mold manufacturing, financial services, and trade and consumer products industries. Please send queries to: CENIT AG Additional Information:
2016-05-10 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English | |
Company: | CENIT AG | |
Industriestraße 52 – 54 | ||
70565 Stuttgart | ||
Germany | ||
Phone: | +49 (0)711 78 25 – 30 | |
Fax: | +49 (0)711 78 25 – 4000 | |
E-mail: | aktie@cenit.de | |
Internet: | www.cenit.com | |
ISIN: | DE0005407100 | |
WKN: | 540710 | |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart | |
End of News | DGAP News Service |