DGAP-Adhoc: itelligence AG presents final figures for first nine months of 2010

itelligence AG  / Key word(s): Quarter Results/Change in Forecast

21.10.2010 07:58 

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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itelligence AG presents final figures for first nine months of 2010  
Revenues up 19.3% from MEUR 158.3 to MEUR 188.8 
EBIT at MEUR 7.3 in the first nine months of 2010, EBIT up 4.3% against
previous year (after acquisition costs totaling MEUR 1.2)
Third quarter shows considerable revenues and earnings growth  
itelligence raises revenues guidance 

Bielefeld, October 21, 2010 - itelligence AG generated a considerable
improved result in the third quarter of 2010, improving year-on-year both
in terms of revenue and also for the first time this year with EBIT.
Particularly in the third quarter, itelligence increased revenues by 32.9%
from MEUR 52.3 to MEUR 69.5. Thus revenues rose in the first nine months by
19.3% to MEUR 188.8 after MEUR 158.3 in the same period of the previous
year. Orders on hand continue to develop positively. Overall, orders in
hand increased by 23% and amounted to MEUR 192.5 at the end of the third
quarter (previous year: MEUR 156.5).

itelligence also improved EBIT year-on-year. In the third quarter, EBIT
improved by 24.2% from MEUR 3.3 to MEUR 4.1. Thus equates to an EBIT margin
of 5.9% in the third quarter of 2010 (prior-year quarter: 6.2%). After nine
months, itelligence achieved EBIT of MEUR 7.3 after MEUR 7.0 in the same
period of 2009. This represents an increase of 4.3%. In the first nine
months, EBIT was reduced by non-recurring acquisition costs of MEUR 1.2,
approximately MEUR 0.6 relating to the third quarter of 2010. Accordingly,
the EBIT margin in the first nine months was 3.9% after 4.4% in the same
period of 2009.

In light of this improved business development, for the current financial
year itelligence is expecting revenue growth to MEUR 260 - 265 and an EBIT
margin in the range of 5.2% to 5.6%.

Further figures and details can be found in the Interim Report 3/2010,
which will be published on October 28, 2010.


21.10.2010 07:58 DGAP's Distribution Services include Regulatory Announcements, 
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Language:     English
Company:      itelligence AG
              Königsbreede 1
              33605 Bielefeld
              Deutschland
Phone:        +49 (0)521 91448-106
Fax:          +49 (0)521 91445-201
E-mail:       katrin.schlegel@itelligence.de
Internet:     www.itelligence.de
ISIN:         DE0007300402
WKN:          730 040
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Hamburg, München, Düsseldorf, Berlin, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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