Realtech AG

Earnings Release • Oct 21, 2009

News Details

Ad-hoc | 21 October 2009 07:45

REALTECH AG: Provisional 9-month and quarterly figures for 2009

REALTECH AG / Quarter Results

21.10.2009

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*Group revenue of EUR 46.1 million - down 10%
*Software revenue of EUR 8.8 million
*Consulting revenue of EUR 37.3 million
*9-month EBIT of EUR 1.3 million - Q3 EBIT of EUR 1.5 million
*Cash flow remains positive

Walldorf, October 21, 2009. REALTECH AG's Group revenue decreased in the
first nine months of 2009 by 10% to EUR 46.1 million (first nine months of
2008: EUR 51.3 million). This included a 24% fall in software revenue to
EUR 8.8 million (EUR 11.5 million). In consulting, revenue fell by 6% to
EUR 37.3 million (EUR 39.8 million).

EBITDA (earnings before interest, tax, depreciation, and amortization)
decreased to EUR 0.7 million (EUR 5.3 million) while EBIT (earnings before
interest and tax) fell to EUR 1.3 million (EUR 4.5 million).

Net income amounted to EUR 0.3 million (EUR 3.4 million) and earnings per
share amounted to EUR 0.05 (EUR 0.65). The company recorded a cash flow of
EUR 2.0 million (EUR 2.3 million).

As a result of the dividend of EUR 2.6 million distributed in the 2nd
quarter, net cash and cash equivalents at the end of September 2009 stood
at EUR 5.6 million, compared to EUR 6.4 million at the end of 2008 and EUR
26.8 million at the end of last September. It should be noted here that the
company distributed cash to shareholders in December 2008 based on an
ordinary capital reduction amounting to EUR 21.0 million.

3rd quarter of 2009:
Group revenue was down 8% to EUR 15.5 million (3rd quarter of 2008: EUR
16.7 million). Software revenue fell by 12% to EUR 3.5 million (EUR 4.0
million). Consulting revenue decreased by 6% to EUR 12.0 million compared
to the previous year (EUR 12.7 million).

EBITDA fell to EUR 1.6 million (EUR 1.7 million), while EBIT improved to
EUR 1.5 million (EUR 1.4 million). Net income amounted to EUR 0.9 million
(EUR 1.3 million), corresponding to earnings per share of EUR 0.16 (EUR
0.25).

In view of the positive development of EBIT over the last couple of
quarters, the Executive Board is cautiously optimistic and expects the
overall economic situation at REALTECH AG to stabilize.

REALTECH will be publishing its quarterly report for Q3/2009 on November 5,
2009.

Contact person:
Volker Hensel
Investor Relations
REALTECH AG, 69190 Walldorf
Tel.: +49 6227 837 500
Fax: +49 6227 837 9134
investors@realtech.com
www.realtech.com

21.10.2009 financial News transmitted by DGAP

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Language: English
Company: REALTECH AG
Industriestraße 39c
69190 Walldorf
Deutschland
Phone: +49 (0)6227 837-500
Fax: +49 (0)6227 837 9134
E-mail: investors@realtech.com
Internet: www.realtech.com
ISIN: DE0007008906
WKN: 700890
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart, Hamburg

End of News DGAP News-Service

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