CENIT posts on-year increase in sales and earnings


CENIT starts 2012 with good 1st Quarter


Stuttgart, 10 May 2012 – Having already ended the year 2011 on a positive note, software and consulting specialist CENIT has again posted substantial increases in sales and earnings during the 1st Quarter of 2012. Against the previous year’s reference period, sales figures were up in both the product lifecycle management (PLM) and the enterprise information management (EIM) segments. Sales of non-proprietary software also grew significantly, and earnings from services and consulting likewise saw increases.

During the first 3 months of the year, CENIT Group achieved total sales revenue of 29.1 m EUR (03/2011: 24.3 m EUR/20%), accounting for EBITDA of 2.3 m EUR (03/2011: 1.4 m EUR/66%) and EBIT of 1.6 m EUR (03/2011: 0.9 m EUR/74%). Results per share were 0.15 EUR (03/2011: 0.09 EUR/67%).

Breakdown of Earnings

In the PLM segment, CENIT achieved Q1 sales revenue of 21.4 m EUR (03/2011: 17.4 m EUR/23%). The EIM segment attained sales of 7.8 m EUR, against 6.9 m EUR during the same period in 2011 (13%). Sales of non-proprietary software amounted to 12.7 m EUR (03/2011: 8.8 m EUR/44%). Sales of CENIT’s proprietary software contracted from 2.4 m EUR to 1.9 m EUR (-24%). Income from services and consulting totaled 14.5 m EUR (03/2011: 13.1 m EUR/11%). Other earnings amounted to 0.1 m EUR (03/2011: 0.0 m EUR/123%).

Orders Development

After the first 3 months, incoming orders totaled 41.1 m EUR (03/2011: 33.4 m EUR/23%). Orders in hand on 31 March 2012 amounted to 51.5 m EUR (03/2011: 40 m EUR/29%). 

Asset and Financial Situation

The asset and financial situation remains solid. On the balance-sheet date, 31 March 2012, equity capital totaled approx. 33.4 m EUR (31 Dec. 2011: 32.2 m EUR), representing an equity ratio of 50% (31 Dec. 2011: 57%). On 31 March 2012, bank deposits totaled 24.9 m EUR (31 Dec. 2011: 18.1 m EUR). The enterprise is free of debt.


On 31 March 2012, CENIT employed 653 staff Group-wide (31 March 2011: 636).

Participations/Foreign Holdings

CENIT (SWITZERLAND) AG, Frauenfeld/Switzerland

During the 1st Quarter, CENIT (Switzerland) AG achieved sales revenue of 3.1 m EUR (03/2011: 1.0 m EUR), accounting for EBIT of 0.5 m EUR (03/2011: 0.1 m EUR). 


During the first 3 months, CENIT North America Inc. posted sales of 2.4 m EUR (03/2011: 2.3 m EUR) and EBIT of 0.5 m EUR (03/2011: 0.3 m EUR). 

CENIT SRL, Iasi/Romania

With sales of 0.4 m EUR (03/2011: 0.2 m EUR), CENIT Romania attained EBIT of 0.1 m EUR (03/2011: 0.0 m EUR).

CENIT France SARL, Toulouse/France

CENIT France SARL achieved 1st-Quarter sales of 0.1 m EUR (03/2011: 0.2 m EUR) and EBIT of 0.0 m EUR (03/2011: 0.1 m EUR). 

CENIT Japan K.K., Tokyo/Japan

The Japanese subsidiary CENIT Japan K.K., established in July of 2011, posted sales of 0.1 m EUR, representing EBIT of 0.0 m EUR. 


From today’s perspective, CENIT AG adheres to its annual outlook for 2012. The forecast shall be reviewed after the end of the 2nd Quarter.

To view the complete 1st Quarter Report, please visit Financial reports.

Tanja Marinovic
Tanja Marinovic
Marketing/ Investor Relations