• WKN: 540710
  • ISIN: DE0005407100
  • Land: Deutschland

Nachricht vom 09.05.2019 | 07:55

CENIT in the 1st quarter 2019

DGAP-News: CENIT AG / Key word(s): Quarter Results

09.05.2019 / 07:55
The issuer is solely responsible for the content of this announcement.

Stuttgart, May 9th, 2019 - During the first three months, CENIT group generated sales revenues of EUR k 41,238 (prior year: EUR k 40,934/0.7%). Sales revenues in CENITs consulting and services segment increased by 0.7% to EUR k 12,639 (prior year: EUR k 12,553). Sales of third-party software increased by approx. 1.8% to EUR k 25,136 (prior year: EUR k 24,694). Sales proceeds from CENIT's proprietary software decreased from EUR k 3,616 to EUR k 3,401 (-5.9%).

The gross profit (operating output less cost of materials) amounted to EUR k 20,814 (prior year: EUR k 21,509), representing a decrease of -3.2%. CENIT achieved EBITDA of EUR k 2,306 (prior year: EUR k 2,153/7.1%) and EBIT of EUR k 844 (prior year: EUR k 1,428/-40.9%). Results per share were EUR 0.07 (prior year: EUR 0.12).

Orders Development
During the first three months, the group-wide order intake totaled EUR k 48,940 (prior year: EUR k 53,505). On 31st March 2019 orders in hand amounted to EUR k 61,099 (prior year: EUR k 58,048).

Asset and Financial Situation
On the balance-sheet date, equity capital totaled EUR k 39,411 (31 Dec. 2018: EUR k 39,102), accounting for an equity ratio of 38.7% (31 Dec. 2018: 49.4%). On the balance-sheet date, bank deposits and liquid assets totaled EUR k 27,268 (31 Dec. 2018: EUR k 18,041). The operative cash flow was EUR k 9,989 (prior year: EUR k 13,929).

On 31st March 2019, CENIT group employed 747 staff (prior year: 758). Group-wide personnel costs for the reporting period were EUR k 15,487 (prior year: EUR k 15,209).

For the current year, the CENIT Group expects sales of around EUR 170 million at the previous year's level and earnings (EBIT) of around EUR 10 million.

Please visit CENIT's homepage for the full 3 Months Report 2019: 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 30 years! CENIT has around 800 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:
Investor Relations
Tanja Marinovic
Industriestrasse 52-54, D-70565 Stuttgart
Email: aktie@cenit.de

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 respective 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, or 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.

09.05.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

show this

Interview im Fokus

Mountain Alliance: „Großer Digitalisierungsschub“

Furioses Börsendebüt für den Datenbankspezialisten Exasol. Einer der Profiteure: Die Münchner Beteiligungsgesellschaft Mountain Alliance AG (MA, ISIN DE000A12UK08), die auch nach einem Teilexit noch rund 2% an Exasol hält. Aktuell notiert die MA-Aktie rund 30 % unter dem NAV. Financial.de sprach mit MA-CEO Daniel Wild über die stärksten Digitalisierungstrends, die kritische Größe von 100 Mio. Euro Börsenwert, den neuen Investor und weitere Aktienkäufe.


Aves One AG: Kursziel 13,60 €

Die Aves One AG ist auch in der Corona-Krise als Bestandshalter von langlebigen Logistik-Assets mit langfristigen Mietverträgen gut aufgestellt. Das Unternehmen hat als Guidance einen Umsatz und ein EBITDA mindestens auf Vorjahresniveau verkündet. Unseres Erachtens sollte dies auch ohne Zukäufe gut machbar sein, da die im abgelaufenen Geschäftsjahr 2019 erworbenen Assets bereits zu einer höheren Umsatzbasis führen sollten. Auf Basis unseres DCF-Modells haben wir ein Kursziel in Höhe von 13,60 € ermittelt und vergeben ein KAUFEN-Rating.

News im Fokus

Deutsche Lufthansa AG: Einigung über Lufthansa Stabilisierungspaket

30. Mai 2020, 00:04

Aktuelle Research-Studie

2G Energy AG

Original-Research: 2G Energy AG (von First Berlin Equity Research GmbH): Hinzufügen

29. Mai 2020