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CANCOM SE Earnings Release 2007

Aug 31, 2007

71_rns_2007-08-31_6f0c35d2-9bbd-4b74-bf5e-67aa2dfdd250.html

Earnings Release

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News Details

Corporate | 31 August 2007 10:00

Pironet NDH AG appreciably accelerates its growth tempo

Pironet NDH AG / Half Year Results

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.


Cologne, Germany, August 31st 2007 - The expansion of the Pironet NDH Group
vigorously gained speed in the first half year. The impact of the
innovation surge particularly of the last two years paired with the
sustained high level of investment willingness on the part of customers is
apparent. With additional revenues of well over 30% bringing turnover to
26.7 million euros, new top figures were achieved in both quarters. This
good news is all the more impressive considering the steep increase is
largely due to organizational effects. The growth dynamics have expanded
during the course of the year. The plus amounting to 23% boosted revenues
to 12.3 million euros from January to March, yet was topped in April to
June by a growth spurt of 38.5% and revenues of 14.4 million euros, the
highest ever achieved in the history of the company. The primary revenue
driver was the service segment, which rose by 34.2% to 19.2 million euros
(14.3 million euros) and thus topped the software sector, which advanced by
about 22.9% to 7.5 million euros (6.1 million euros).

There was a robust increase in yields. EBIT rose from 1.1 million euros to
the new record of 1.4 million euros. But at the same time the EBIT margin
of 5.3% was reduced to 5.1%, since the amortization costs on intangible
assets significantly increased by 1.0 million euros to 1.2 million euros in
consequence of the 2005/2006 investment offensive. The not insignificant
expenditures incurred in connection with the negotiations with the US data
pool operator Agentrics affected results as well. Pironet NDH was boosted
by the rise in capital market interest rates. In view of the high portion
of liquid funds (25.1 million euros), the interest income shot up by 75% to
0.5 million euros. In addition to a first-time profit from the results of
the associated companies amounting to about 0.1 million euros (previous
year -0.1 million euros), this comes to an EBT of 2.0 million euros, which
means an increase of about 58% compared to the previous year's value of 1.3
million euros.

A new record was also set in results after taxes. The previous year's value
was exceeded by 60% with a surplus after minorities of around 1.6 million
euros. This corresponds to a result per share of 11 cents, against 7 cents
in the comparison period.

Pironet NDH looks confidently into the future. The company has a broad
base, offers innovative and competitive products and with the exception of
agentes AG is growing at 2-digit rates. The most distinctive dynamic growth
developed within the Pironet NDH Group in the current year once again came
from the interactive service provider nexum. Commissions from several
large-scale mandates (including ThyssenKrupp, o2, Lufthansa Worldshop,
Bankverlag Köln) have put the company in a good position to continue its
success story in 2007 as well. According to the 'New Media Service
Ranking', nexum AG's jump in sales volume from 145% in 2006 distinguishes
it as the strongest growth enterprise among the 80 largest providers in the
industry.

SINFOS AG has managed to further expand the data pool. It gained 150 new
customers in the first half year. The company now supports about 2,600
companies in 10 countries and is thus the market leader in Europe. However,
its mission is even more ambitious: currently SINFOS is involved in
cooperative venture negotiations with the US enterprise Agentrics. Such a
cooperation would result in the world's largest master data pool and lead
to the company's rising to a new dimension in size and importance.

The tempo of expansion has also stepped up in the ITC outsourcing sector.
The degree of utilization of our highly modern computing center will rise
further due to the high volume of incoming contracts. Since its acquisition
in 2003, this has increased to more than 20%, whereby the highly attractive
takeover conditions already ensure the achievement of a profitable basis at
a degree of utilization of under 10%. The ITC outsourcing business division
is outstandingly positioned and faces the second half year of 2007 with
complete confidence.

The business with minority holdings has also developed very successfully.
Of these, Advertimes/Advertools has made the greatest progress. The experts
for digital sales promotion are in the meantime active in 12 European
countries and are now operating in the profit zone.

The Executive Board of Pironet NDH AG assumes there will be a significant
improvement in business volume and revenue for the entire year. Exceeding
the 'sound barrier' of 50 million euros is still aspired, as is a
disproportionately great development of results. If there are no
fundamental changes to this scenario and no special effects have a negative
impact, we assume that 13 years after the founding of the company, we will
be able to submit a dividend distribution proposal to the Supervisory Board
and Stockholders Meeting for the first time.

About Pironet NDH
Established in 1995, Pironet NDH offers innovative solutions for the
creation, synchronization and distribution of digital content of all types,
and also for the optimization of internal and external business processes.
It specializes in consulting and creative services, software products and
the operation of company-critical infrastructures and applications. The
listed technology company, with headquarters in Cologne, has more than 400
employees spread over several locations in Europe. Its customers include
both medium-sized businesses and international groups.
Further information can be found at: www.pironet-ndh.com

Securities ID: 691 640
ISIN: DE0006416406

Listings: Regulated market in Frankfurt am Main (General Standard), Munich,
Stuttgart, Düsseldorf, Hamburg, Berlin-Bremen (OTC market)

Press contact:
Pironet NDH
Theodor-Heuss Str. 92-100
D-51149 Cologne
Tel.: +49.2203.935 30-3951
Fax: +49.2203.935 30-3959
E-Mail: [email protected]

31.08.2007 Financial News transmitted by DGAP

Language: English
Issuer: Pironet NDH AG
Theodor - Heuss Strasse 92 - 100
51149 Köln
Deutschland
Phone: +49 (0)220 393530 - 39
Fax: +49 (0)220 393530 - 39
E-mail: [email protected]
Internet: www.pironet-ndh.com
ISIN: DE0006916406
WKN: 691640
Indices:
Listed: Geregelter Markt in Frankfurt (General Standard); Freiverkehr
in Berlin, Hannover, Düsseldorf, Hamburg, München, Stuttgart

End of News DGAP News-Service