InVision AG

Earnings Release • Jul 16, 2010

News Details

Ad-hoc | 16 July 2010 12:53

Turnaround: InVision Software AG achieves positive EBIT in Q2 2010

InVision Software AG / Half Year Results/Preliminary Results

16.07.2010 12:53

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AD-HOC-ANNOUNCEMENT ACC. TO §15 WpHG

Turnaround: InVision Software AG achieves positive EBIT in Q2 2010

• EBIT Q2 app. 0.5 million EUR
• Record Q2 and H1 revenues

Ratingen (Germany), July 16th, 2010 - According to preliminary figures,
InVision Software AG (ISIN: DE0005859698), a leading international provider
of enterprise-wide workforce management solutions, has increased revenues
by app. 5% to app. EUR 6.7 million in the first half-year 2010 (H1 2009:
EUR 6.4 million). Q2 revenues are expected to rise up by app. 12% to app.
EUR 3.8 million (Q2 2009: EUR 3.4 million). Based on its preliminary
figures for the first half-year 2010, the EBIT is projected to be improved
by app. EUR 2.1 million to app. EUR -0.8 million (H1 2009: EUR -2.9
million). During the second quarter 2010, the EBIT will be at app. EUR 0.5
million (H1 2009: -1.2 million). After nine subsequent quarterly losses the
Company returns to profitability on a quarterly basis.

According to the preliminary numbers, licence revenues totalled app. EUR
2.3 million in the first half-year 2010. This represents app. 13 percent
decline compared to the first half-year 2009 (H1 2009: EUR 2.7 million).
The decline is attributed to a more conservative licence revenue
recognition in favour of larger order backlog compared to the previous
year. In the first half-year 2010, maintenance revenues raised up by 22
percent to app. EUR 2.5 million (H1 2009: EUR 2.0 million). Services
revenues are estimated to rise up 14 percent to EUR 1.9 million (H1 2009:
EUR 1.6 million).

InVision Software AG will substantiate its guidance for the fiscal year
2010 in the financial report for H1 2010.

The complete financial report for the first half-year of 2010 will be
available for download beginning August 31st, 2010, at the Company's
website www.invisionwfm.com/financial_reports.

Contact:
Investor Relations
InVision Software AG,
Halskestrasse 38,
40880 Ratingen (Germany),
phone: +49 (0)2102 728-444,
fax: +49 (0)2102 728-111,
email: ir@invision.de

16.07.2010 Ad hoc announcement, Financial News and Press Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: InVision Software AG
Halskestraße 38
40880 Ratingen
Deutschland
Phone: +49 (0)2102 / 728-0
Fax: +49 (0)2102 / 728-111
E-mail: info@invision.de
Internet: www.invision.de
ISIN: DE0005859698
WKN: 585969
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Düsseldorf, München, Stuttgart

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