Earnings Release • Aug 14, 2008
Earnings Release
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Ad-hoc | 14 August 2008 15:43
InVision Software AG: According to Preliminary Figures, Revenues in the Second Quarter of 2008 Climb by 27 Percent – Result Influenced by Staff Expansion and in Line with Expectations
InVision Software AG / Preliminary Results/Half Year Results
Release 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.
Ratingen (Germany), August 14th, 2008 – Based on its preliminary figures,
InVision Software AG (ISIN: DE0005859698), one of the leading international
providers of solutions for enterprise-wide workforce management, increased
its revenues by 27 percent in the second quarter of 2008. Revenues climbed
to Euro 2.7 million, compared to Euro 2.2 million in the second quarter of
2007. Thus, in the first half year 2008, revenues totaled Euro 5.0 million,
which represents a 5 percent increase over the same period in 2007.
The company’s performance in the first half year of 2008 continued to be
influenced by the scheduled staff expansion, which brought the number of
employees to 217 as of June 30th, 2008. This represents a 25 percent
increase compared to the end of December 2007 and a 60 percent increase
compared to June 30th, 2007. The staff expansion is a reflection of the
anticipated continued growth. Accordingly, personnel costs rose by more
than 50 percent to approximately Euro 5.5 million in the first half year.
According to the preliminary figures, the large staff expansion is the main
factor contributing to the estimated operating result (EBIT) of Euro -3.5
million in the first half year 2008, a result which is in line with the
company’s expectations. In the first half year of fiscal year 2007, the
EBIT was Euro -1.0 million.
As in previous years, InVision again expects strong growth in licence
revenues in the second half of the year.
The complete report for the first half year of fiscal year 2008 of InVision
Software AG will be available for download at the Investor Relations
section of www.invisionwfm.com on August 29th, 2008.
Jutta Kropp
Head of Corporate Communications
InVision Software AG
Halskestrasse 38
D-40880 Ratingen
phone: +49 (0)2102 728-444
fax: +49 (0)2102 728-111
email: [email protected]
Language: English
Issuer: InVision Software AG
Halskestraße 38
40880 Ratingen
Deutschland
Phone: +49 (0)2102 / 728-0
Fax: +49 (0)2102 / 728-111
E-mail: [email protected]
Internet: www.invision.de
ISIN: DE0005859698
WKN: 585969
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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