syskoplan AG / Quarter Results
30.04.2010 09:05
Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
Sales EUR 13.7 mill., EBITDA EUR 0.5 mill.
Gütersloh, 04/30/2010 - syskoplan today announced the results of the first
quarter 2010. In the group, the software integrator achieved revenues of
EUR 13.7 million, 7% less than in the previous year. Earnings before taxes,
interest and depreciation (EBITDA) amounted to EUR 0.5 million after EUR
1.2 million in the last year bringing EBITDA-margin to 3.3% (previous year:
8.4%). Earnings before taxes (EBT) were EUR 0.1 million coming from EUR 0.9
million in 2009. Altogether, syskoplan group after tax and minority shares
obtained a net loss of EUR -0.1 million until now (previous year: net
income EUR 0.5 million).
Sales stabilization - Compared to the last quarter of 2009 syskoplan sales
increased by 3%. In the course of the last four preceding quarters
syskoplan business more and more stabilized, starting from a level of EUR
13.5 million. First signs of improvement also affecting the sales pipeline
become visible.
One-off cost - Bottom line syskoplan is still burdened by special cost
effects amounting to EUR 0.5 million in the first quarter. The costs were
due to further workforce realignments while executing the newly defined
strategy as well as consulting and appraisal efforts for the intended
domination agreement between Reply and syskoplan.
Liquidity and staff - Cash flow (according to DVFA/SG) up to now amounted
to EUR 0.4 million in 2010 (previous year: EUR 1.1 million). Liquidity fell
to EUR 16.4 million (end of 2009: EUR 19.9 million), a common development
in the course of the year. The equity ratio rose to 59% (end of 2009: 58%).
417 employees were active in the group at the end of March 2010 (previous
year: 440).
Status and outlook - The economic situation in the syskoplan markets
remains in its fragile state. Having averted the problems of financial
institutions for the time being new problems related to the solvency of
countries are emerging. syskoplan carries on expecting only gradual
improvements of the economic situation. This view is backed by the
development of syskoplan sales during the last four quarters. Due to the
slight recovery of the sales pipeline and special cost effects that will
reduce with effect from the third quarter syskoplan confirms the presented
annual guidance, that is to say nearly constant sales of EUR 55 million
(+1%) and a slightly improved EBITDA-margin.
For more information please contact:
syskoplan AG
Michael Lückenkötter
Investor Relations, Mergers & Acquisitions
Bartholomäusweg 26
33334 Gütersloh
Germany
Tel. +49 (0)5241-5009-1017
Email: ir@syskoplan.de
30.04.2010 09:05 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|]
---------------------------------------------------------------------------
Language: English
Company: syskoplan AG
Bartholomäusweg 26
33334 Gütersloh
Deutschland
Phone: +49 (0)5241 5009-1017
Fax: +49 (0)5241 5009-1033
E-mail: michael.lueckenkoetter@syskoplan.de
Internet: www.syskoplan.de
ISIN: DE0005501456
WKN: 550145
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hannover, München, Hamburg, Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------------
DGAP-News: syskoplan AG: Guidance 2010 Confirmed
| Source: EQS Group AG