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CANCOM SE — Earnings Release 2009
Mar 19, 2010
71_rns_2010-03-19_20b14119-5b3e-4619-a637-5e627967fe25.html
Earnings Release
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Ad-hoc | 19 March 2010 11:00
Pironet NDH AG: PIRONET NDH showing a loss
Pironet NDH AG / Preliminary Results
19.03.2010 11:00
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.
Ad hoc communication pursuant to the German Securities Trading Act (WpHG),
Section 15
PIRONET NDH showing a loss
Cologne, Germany, 19 March 2010 - In 2009, the provider of solutions
dealing with digital content and data entered the red for the first time in
seven years. This was due to the high costs accrued compared with proceeds
made, as well as the strong, exceptional influence of extraordinary
depreciation on its products, receivables and customer contracts.
Provisional figures suggest that turnover during this reporting period
improved by a good 1% to EUR 60.4 million. The EBIT underwent a swing of
EUR 8.5 million. Sharp rises in marketing and sales costs, and more than
double the research and development costs played a major role in the EBIT
dropping from EUR 2.9 million to EUR -5.6 million.
Financial results also showed a deficit. A key part in this was played by
the complete write-off of the indatex investment, which made up EUR 3.0
million. The overall income from investment was EUR -2.2 million, compared
with interest income of EUR 0.2 million. On balance the financial results
were thus EUR -2.0 million, making a pre-tax result of EUR -7.6 million,
against EUR 3.5 million the year before.
For the 2010 financial year, PIRONET NDH management is confident the
company will again grow more strongly and break even. It also aims to
increase liquid funds, which stood at around EUR 12.0 million as of 31
December 2009, corresponding to net liquidity, as PIRONET NDH continues to
work without any bank liabilities.
The company's full annual financial report for 2009 is to be published on
23 April 2010.
The management board
About PIRONET NDH AG
PIRONET NDH AG offers the market a unique portfolio of solutions for
handling digital content and data. This includes consultancy, software,
integration and outsourcing services. PIRONET NDH AG is a corporate group
that brings together five companies specializing in the five different
business areas ICT outsourcing, consulting and design, content management
solutions as well as IT-solutions for the industries retail / CPG and
financial services. PIRONET NDH AG was founded in 1995 and is based in
Cologne. Since 2000, it has been listed on the German stock exchange. The
Group of companies employs more than 500 people working in 20 different
countries and posted sales figures of around 60 million euros in the last
financial year (2008).
For further information, please visit: www.pironet-ndh.com
Contact:
Investor Relations Pironet NDH
Von-der-Wettern-Straße 27
Tel.: +49.2203.935 30-3951 51149 Cologne
Fax: +49.2203.935 30-3959 E-Mail: [email protected]
19.03.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: Pironet NDH AG
Von-der-Wettern Str. 27
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
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Düsseldorf, Hannover, München,
Hamburg, Stuttgart
End of News DGAP News-Service