REALTECH AG: Provisional half-year and quarterly figures for 2012

REALTECH AG  / Key word(s): Half Year Results

24.07.2012 08:27

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*Group revenue increased by 3%
*Consulting revenue up 4%
*Software similar to previous year
*Operating profit and profit for the year decreased
*Net cash and cash equivalents constant

Walldorf, July 24, 2012 According to provisional half-year figures for
2012, REALTECH AG recorded Group revenue of EUR 18.9 million, which is an
increase by 3% (1st half of 2011: EUR 18.4 million). Revenues in consulting
segment rose by 4% to EUR 12.8 million (EUR 12.3 million). Software
revenues were EUR 6.1 million, as in the previous year.

As a result of investments in our employees according to the in 2nd half of
2011 new defined product portfolio with a nonsatisfying profitability in
the consulting segment, operating profit (EBIT) decreased to minus EUR 0.9
million (minus EUR 0.6 million). On the other hand, postponed software
revenues caused this. Furthermore expenses for a lawsuit in the U.S.A. had
to be considered which directly influenced the operating profit.

Profit of the year decreased from EUR 0.4 million to minus EUR 1.5 million,
which corresponds to earnings per share of minus EUR 0.29 compared to EUR
0.07 in previous year. Net cash and cash equivalents were EUR 11.6 million
at the end of June 2012 as at the end of June in previous year.

2nd quarter of 2012:
Group revenue increased by 4% to EUR 9.4 million (2nd quarter of 2011: EUR
9.1 million). Consulting revenues rose by 5% to EUR 6.4 million (EUR 6.1
million). Software revenues amounted to EUR 3.0 million, as in the
pre-vious year.

Operating profit improved slightly compared to 2nd quarter 2011 to minus
EUR 0.5 million (minus EUR 0.6 million). Profit of the year was down to
minus EUR 0.9 million (EUR 0.6 million), resulting in earnings per share of
minus EUR 0.16 (EUR 0.11).

The Executive Board further predicts a positive operating income for the
current financial year, however in the light of the current difficult
economic situation - characterized in particular by low investment
propensity and pricing pressure - does not expect to achieve the targets
set for income in the second half of the year.

REALTECH will be publishing its quarterly report for Q2/2012 on August 2,
2012.


Contact person: 
Volker Hensel
Investor Relations
REALTECH AG
Industriestraße 39c
D   69190 Walldorf
Tel.: +49.6227.837.500 
Fax: +49.6227.837.9134


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Language:     English
Company:      REALTECH AG
              Industriestraße 39c
              69190 Walldorf
              Germany
Phone:        +49 (0)6227 837-500
Fax:          +49 (0)6227 837 9134
E-mail:       investors@realtech.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
 
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