secunet Security Networks AG

  • WKN: 727650
  • ISIN: DE0007276503
  • Land: Deutschland

Nachricht vom 09.04.2020 | 17:26

secunet Security Networks AG: Earnings and sales in the first quarter of 2020 each below the comparable figures for the first quarter of fiscal year 2019, very high order backlog; forecast for fiscal year 2020 unchanged

secunet Security Networks AG / Key word(s): Quarter Results/Forecast
secunet Security Networks AG: Earnings and sales in the first quarter of 2020 each below the comparable figures for the first quarter of fiscal year 2019, very high order backlog; forecast for fiscal year 2020 unchanged

09-Apr-2020 / 17:26 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Inside Information according to Article 17 MAR

secunet Security Networks AG: Earnings and sales in the first quarter of 2020 each below the comparable figures for the first quarter of fiscal year 2019, very high order backlog; forecast for fiscal year 2020 unchanged

[Essen / Germany, 9 April 2020] In the first quarter of 2020, secunet Security Networks AG (ISIN DE0007276503, WKN 727650) achieved lower results for the secunet Group both in terms of sales (Q1-2020: 32.6 million euros) and earnings before interest and taxes (Q1-2020: 0.0 million euros) than in the corresponding quarter of the previous fiscal year 2019 (Q1-2019 sales 40.4 million euros, EBIT 2.4 million euros).

At the same time, the secunet Group has a record order volume of 115.2 million euros at the end of the first quarter of 2020. This significantly exceeds the comparable order volume achieved to date at the end of the first quarter (31 March 2019: Euro 84.4m) and at the end of the financial year (31 December 2019: Euro 78.5m). The high order backlog is the result of a very high level of incoming orders for secure mobile solutions, especially for the SINA Workstation, as well as the order to replace Telekom's healthcare connectors.

In particular against the background of the high level of orders on hand, the Management Board confirms its forecast for the 2020 fiscal year published with the 2019 annual financial statements on 30 March 2020. Subject to the further development of the COVID 19 pandemic, a slight decline in sales revenues is expected to continue and, accordingly, EBIT for the secunet Group is expected to be slightly below the previous year.


Contact:
secunet Security Networks AG
Investor Relations
Dr Kay Rathke
Phone +49 201 5454 1221
Email kay.rathke@secunet.com

secunet Security Networks AG
Kurfürstenstraße 58
45138 Essen, Germany

ISIN: DE0007276503
WKN: 727650
Listed: Regulated market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin-Bremen, Düsseldorf, Hamburg, Hanover, Munich and Stuttgart Trade Gate Exchange

End of announcement

Contact

Dr. Kay Rathke
Head of Investor Relations

Patrick Franitza
Press Officer

secunet Security Networks AG
Kurfürstenstraße 58
45138 Essen, Germany
Tel.: +49 201 5454-1234
Fax: +49 201 5454-1235
Email: presse@secunet.com
http://www.secunet.com

About secunet
secunet is one of the leading German providers of high-quality IT security. Over 600 experts work in the areas of cryptography, e-government, business security and automotive security, developing innovative products and highly secure, trustworthy solutions. secunet has more than 500 national and international customers, including many DAX-listed companies, public authorities and organisations. The company is an IT security partner to the Federal Republic of Germany and a partner of the German Alliance for Cyber Security.
secunet was founded in 1997 and achieved revenues of 226.9 million euros in 2019. secunet Security Networks AG is listed on the Prime Standard of the German Stock Exchange.
Further information can be found at www.secunet.com.

Disclaimer
This press release contains predictive statements. Predictive statements are statements that do not describe facts of the past; they also include statements regarding our assumptions and expectations. Any statement in this press release that conveys our intentions, assumptions, expectations or predictions (and the assumptions on which they are based) is a predictive statement. These statements are based on planning, estimates and forecasts that are currently available to the management of secunet Security Networks AG. Predictive statements therefore only apply to the day on which they were made. We assume no obligation to update such statements with regard to new information or future events.


09-Apr-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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