- WKN: 700890
- ISIN: DE0007008906
- Land: Deutschland
Nachricht vom 28.02.2012 | 15:47
REALTECH AG: provisional consolidated annual figures for 2011
REALTECH AG / Key word(s): Final Results 28.02.2012 15:47 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. --------------------------------------------------------------------------- REALTECH AG: provisional consolidated annual figures for 2011 - Slight decrease in Group revenue - Consulting revenues of EUR 26.4 million - Software revenues of EUR 12.7 million - Income from operations reduced to EUR 0.2 million - Group net income up from minus EUR 1.4 million to plus EUR 0.8 million - Significant increase in net cash and cash equivalents Walldorf, February 28, 2012. According to provisional figures, REALTECH AG recorded a Group revenue in fiscal year 2011 of EUR 39.2 million (2010: EUR 39.5 million). This included Consulting revenues of EUR 28.4 million, which was slightly below the previous year's level (EUR 28.6 million). Software revenues, at EUR 12.7 million, were not quite as high as the previous year either (EUR 12.9 million in 2010). We would like to point out here that REALTECH AG sold its Italian subsidiary REALTECH Italia S. p. A., Agrate Brianza (Milan), on December 14, 2010. On June 28, 2011, the Spanish subsidiary REALTECH system consulting S. L., Madrid was sold as part of a management buy-out (MBO) by REALTECH AG. In line with IFRS regulations, the two companies are being listed as 'Discontinued Operations'. Consequently, the figures for 2011 do not include REALTECH Spain and those for 2010 do not include REALTECH Spain or REALTECH Italy. Income from operations (EBIT) fell in the 2011 fiscal year to EUR 0.2 million (EUR 4.2 million). Consequently, the EBIT margin was reduced from 11% to 0%. EBITDA decreased accordingly from EUR 5.3 million to EUR 1.4 million. This decline in earnings was partly due to lost revenues as a result of the earthquake catastrophe in Japan in the first half of the year, poor sales in New Zealand, increased special effects due to vacancies in the REALTECH building in Walldorf, a lack of profitability in the Consulting segment in Germany and general restructuring costs in the area of human resources. On the other hand, some of the software revenues scheduled for the fourth quarter have been postponed to 2012, meaning that this profitable segment failed to have such a compensating effect as it could have. Moreover, REALTECH invested considerable sums in 2011 in research and development in order to adapt the technology of its theGuard! software to meet the marketing agreement with SAP. Group net income was greatly influenced by the sale of the Spanish and Italian subsidiaries in the year under review and previous year respectively, rising to EUR 0.8 million (minus EUR 1.4 million). Earnings per share increased accordingly to EUR 0.15 (minus EUR 0.26). Net cash and cash equivalents rose to EUR 13.2 million (EUR 6.4 million). 4th quarter of 2011: Group revenue declined by 8% to EUR 10.6 million (Q4/2010: EUR 11.5 million). This included a 14% increase in Consulting revenue to EUR 7.1 million (EUR 6.2 million). Following a very strong final quarter in 2010, Software revenues were down 34% to EUR 3.5 million (EUR 5.3 million). Income from operations (EBIT) decreased by 56% to EUR 1.0 million (EUR 2.4 million) and EBITDA by 44% to EUR 1.5 million (EUR 2.7 million). Net income rose from minus EUR 2.0 million to EUR 0.6 million, while earnings per share thus increased from minus EUR 0.37 to EUR 0.11. Outlook In the current fiscal year of 2012, REALTECH will be focusing in the Consulting segment on specifically strengthening its business in Germany and the USA through organic growth and an optimized service range. The subsidiaries in the Asia-Pacific region already have a good size, well suited to the market. As a result of its proximity to SAP, the German consulting company in the REALTECH Group plays a particular role as a training station and know-how carrier. The company is now promoting international exchange and coordinated training more intensively than it had before. In the software division, following investments in product development, the main focus is now on the sales and distribution activities resulting from the new partnership with SAP, with a view to achieving the planned revenues together with the Walldorf-based corporation. At the same time, REALTECH is expanding its geographic presence for product distribution through a new subsidiary in Copenhagen, REALTECH Nordic ApS, which was already founded on January 2, 2012. The aim of the software division is to intensify the international product business - both in new countries and at the existing international subsidiaries. The Executive Board does not rule out the possibility of acquiring companies that have their own intellectual property with regard to software or other unique selling points and that fit in with REALTECH's long-term portfolio strategy. In view of these developments, the Executive Board aspires to record a Group revenue of EUR 45 million and EBIT of EUR 3.7 million in 2012. The net profit recorded by REALTECH AG in the 2011 fiscal year was EUR 3.4 million following EUR 0 million in 2010. This was affected by the sale of the equity investment in the Spanish REALTECH subsidiary, the reversal of impairment losses for the loan to the former Italian REALTECH subsidiary, and by income from investments. At the General Meeting, scheduled to be held in Wiesloch on May 22, 2012, the Executive and Supervisory Boards of REALTECH AG will propose distributing a dividend of EUR 0.30 per share for the net profit recorded by REALTECH AG for fiscal year 2011. The two committees decided this in the resolutions on February 27, 2012. REALTECH will be publishing its final consolidated financial statements for 2011 on March 29, 2012. Contact person: Volker Hensel Investor Relations REALTECH AG, 69190 Walldorf Tel.: +49 6227 837 500 Fax: +49 6227 837 9134 E-mail: firstname.lastname@example.org 28.02.2012 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: REALTECH AG Industriestraße 39c 69190 Walldorf Germany Phone: +49 (0)6227 837-500 Fax: +49 (0)6227 837 9134 E-mail: email@example.com Internet: www.realtech.com ISIN: DE0007008906 WKN: 700890 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
REALTECH AG: Announcement according to Article ...
REALTECH AG: Provisional quarterly figures for ...
REALTECH AG: Bekanntmachung der Einberufung zu ...
REALTECH AG: provisional consolidated financia ...
REALTECH AG: Announcement according to Article ...
Anleihe im Fokus
Timeless Homes Anleihe – 9,31% Rendite – Luxus für Ihr Depot
– Zeichnungsstart: 17. Juni
– Kupon: 9,00 % p.a. (effektiver Zins 9,31% p.a.)
– Zeichnung ab 1.000 Euro
– Laufzeit 7 Jahre
– WKN: A1R09H
Anleihe im Fokus
DIE CLOUD No 7-ANLEIHE: EINE AUSSERGEWÖHNLICHE IMMOBILIENANLAGE.
- Zeichnungsfrist: 20. Juni - 01. Juli 2013, Bondm
- Kupon: 6 % p.a.
- Laufzeit: 4 Jahre
- Stückelung: 1.000 Euro - WKN: A1TNGG
- Rating: Anleiherating BBB („Investment Grade“),Creditreform Rating AG
8,5%-gamigo-Anleihe: Überdurchschnittlich attraktiv
Dynamisches Wachstum mit Onlinespielen; Einstufung: 4 von 5 GBC-Falken
Die gamigo AG will sowohl organisch als auch anorganisch wachsen. Zur Finanzierung emittiert der Betreiber und Vermarkter von Onlinespielen eine Unternehmensanleihe mit einem jährlichen Kupon von 8,5% bei vierteljährlicher Zinszahlung (Effektivrendite 8,775%). Wir stufen die Anleihe als „überdurchschnittlich attraktiv“ ein.
Der AKTIONÄR News
18. Juni 17:00 DAX rettet Plus: BMW, Commerzbank, Daimler, Heidelberger ...
18. Juni 13:56 BMW, Daimler und VW schwächer, aber…
News im Fokus
Linde AG: Linde übernimmt On-site-Gaseversorgung für russisches Petrochemie-Unternehmen SIBUR
17. Juni 2013, 08:30
Annual Investor’s and Analyst’s Conference 2013
13. Juni 2013
Original-Research: Goldrooster AG (von VEM Aktienbank AG): KAUFEN
18. Juni 2013