During the first 3 months, CENIT Group generated sales revenues of EUR k 30,426 (prior year: EUR k 29,793/2.1%). In the PLM segment, CENIT achieved Q1 earnings of EUR k 24,077 (prior year: EUR k 23,599/2.0%). The EIM segment attained a sales total of EUR k 6,349 against EUR k 6,193 during the same period of 2014 (2.5%). Sales revenues in CENIT’s Consulting and Services segment declined by -8.1% to EUR k 12,676 (prior year: EUR k 13,799). Sales of third-party software grew by 7.5% to EUR k 13,414 (prior year: EUR k 12,479). Sales proceeds from CENIT’s proprietary software grew from EUR k 3,392 to EUR k 4,264 (25.7%), owing primarily to successful end-customer sales of the software products FASTSUITE and cenitCONNECT in the PLM/Industry 4.0 field and IBM FileNet System Monitor in the EIM division.
The gross yield (operating output less cost of materials) amounted to EUR k 19,794 (prior year: EUR k 18,781), representing a growth of 5.4%. CENIT achieved EBITDA of EUR k 2,901 (prior year: EUR k 2,767/4.9%) and EBIT of EUR k 2,402 (prior year: EUR k 2,171/10.7%). Results per share were EUR 0.22 (prior year: EUR 0.19).
Orders Development
During the first three months, the Group-wide order intake totaled EUR k 39,250 (prior year: EUR k 33,874). On 31st March 2015, orders in hand amounted to EUR k 35,884 (prior year: EUR k 32,418).
Asset and Financial Situation
The enterprise has no liabilities in relation to credit institutions, either of a short-term or long-term nature. On the balance-sheet date, equity capital totaled EUR k 41,898 (31st Dec. 2014: EUR k 39,352), accounting for an equity
ratio of 55.9% (31st Dec. 2014: 58.8%). On 31st March 2015 bank
deposits and liquid assets totaled EUR k 41,739 (31st Dec. 2014: EUR k 33,250). The operative cashflow was EUR k 8,239 (prior year: EUR k 9,846).
Employees
On 31 March 2015, CENIT Group employed 640 staff (prior year: 674). Group-wide personnel costs for the reporting period were EUR k 12,750 (prior year: EUR k 12,592). CENIT is currently training 50 young professionals in various vocations. The trainees include students from the Dual-Training University of Baden-Württemberg (DHBW) in the fields of informatics and economics, as well as trainees in the field of information technology.
Outlook
For the current year, the CENIT Group targets sales growth by 3%. The individual segments are planned to be in line with the overall development. On the whole, CENIT is anticipating a rise of approximately 5% in earnings (EBIT), which will be contributed to by both business divisions.
Please visit CENIT’s homepage for the full Q1 Report 2015.
