• 375-0-0
  • 585-1-375
08.11.2013

After 9 months slight increase in results compared to the same period last year

Stuttgart, 08 November 2013 – In the first nine months of 2013, CENIT AG was able to increase sales over the same period last year by 3.4%. The PLM segment grew by about 5% on-year, while the EIM segment shows a slight sales decline. The result after nine months is almost unchanged compared to the previous year. Sales of proprietary software are still developing well with an increase by 27% to EUR k 10,007.

During the first nine months, CENIT group generated sales revenues of EUR k 89,206 (prior year: EUR k 86,233/3.4%). Sales revenues in CENITs consulting and services segment decreased by -1.3% to EUR k 41,580 (prior year: EUR k 42,131). Sales of third-party software increased by approx. 4.5% to EUR k 37,447 (prior year: EUR k 35,843). Sales proceeds from CENIT’s proprietary software grew from EUR k 7,880 to EUR k 10,007 (27.0%), owing primarily to successful end-customer sales of the software products FASTSUITE and cenitCONNECT in the PLM field and IBM FileNet System Monitor and ECLISO in the EIM field.

The gross field (operating output less cost of materials) amounted to EUR k 54,538 (prior year: EUR k 53,871), representing growth of 1.2%. CENIT achieved EBITDA of EUR k 7,392 (prior year: EUR k 7,535/-1.9%) and EBIT of EUR k 5,664 (prior year: EUR k 5,628/0.6%). Results per share were EUR 0.48 (prior year: EUR 0.47).

Orders Development

During the first nine months, the group-wide order intake totaled EUR k 79,258 (prior year: EUR k 87,224). On 30 September 2013, orders in hand amounted to EUR k 33,660 (prior year: EUR k 38,659).

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 33,984 (31 Dec. 2012: EUR k 34,648), accounting for an equity ratio of 58.6% (31 Dec. 2012: 58.7%). On the balance-sheet date, bank deposits and liquid assets totaled EUR k 27,083 (31 Dec. 2012: EUR k 23,779). The operative cash flow was EUR k 8,949 (prior year: EUR k 9,070).

Employees

On 30 September 2013, CENIT group employed 673 staff (prior year: 674). Group-wide personnel costs for the reporting period were EUR k 35,915 (prior year: EUR k 35,071). CENIT is currently training 45 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

CENIT still adheres to its annual forecast for the fiscal year 2013 and expects an increase in sales of around 3% and a stable EBIT. The PLM reporting seg-ment is highly dependent on developments in the automotive, aerospace and mechanical engineering industries. Due to the ongoing financial crisis, the EIM segment still faces a difficult market environment.

Please visit CENIT’s homepage for the full 9 Months Report: www.cenit.com/quartalsbericht