PSI Software SE

Earnings Release • Apr 25, 2007

News Details

Corporate | 25 April 2007 09:16

PSI Increases Sales by 14.9% in First Quarter

PSI Aktiengesellschaft / Quarter Results

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

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PSI Increases Sales by 14.9% in First Quarter
Management expects EBIT of one million euros for the Second Quarter

In the first quarter of 2007, the PSI Group had an EBIT of 0.9 million
euros (Q1-2006: 8 kEUR) and a result of 0.4 million euros (Q1-2006: -0.2
million euros). First quarter sales increased by 14.9% to 32.6 million
euros compared to the previous year (Q1-2006: 28.4 million euros). With 38
million euros (Q1-2006: 42 million euros), new orders were above sales so
that the volume of orders increased by 5 million euros to 79 million euros
compared to 31 December 2006.

The Energy Management Segment (electricity, gas, oil, heating, water) had
sales of 12.8 million euros (Q1-2006: 12.5 million euros) in the first
three months. The EBIT improved to 0.8 million euros (Q1-2006: 0.5 million
euros). Important new orders in the areas of gas electricity and energy
trading were obtained in the energy business.

Compared to the previous year, the Production Management Segment (industry,
logistics) increased sales in the first three months by 13.6% to 13.4
million euros (Q1-2006: 11.8 million euros). The EBIT improved to 0.15
million euros (Q1-2006: 0.1 million euros) despite expenditures for the
expansion of the Russian business .

Infrastructure Management (traffic, security, telecommunications,
government) increased sales in the first three months by 56% to 6.5 million
euros (Q1-2006: 4.1 million euros). The EBIT, which had been negative in
the pervious year, improved to 0.1 million euros (Q1-2006: -0.5 million
euros). In this segment it was primarily the traffic area that obtained new
orders so that the segment is working closer to capacity.

The number of employees remained constant at 1,052 (Q1-2006: 1,049) whereby
there were structural changes to the benefit of the export business as a
consequence of the expansion of the sites in China and Poland.

Since the beginning of the year, the PSI Group has been organized in the
segments Energy Management, Production Management and Infrastructure
Management. Infrastructure Management, in contrast to the former
Information Management, is clearly oriented toward solutions that are not
limited to the domestic market, but rather can be exported to the growth
markets in eastern Europe and Asia.
Unlike the former Network Management, Energy Management concentrates
exclusively on energy management solutions for the German and international
market. This consists of systems for electricity, gas, oil, heating and
water suppliers as well as for the increasing energy trading and sales.

The management expects the trend to be confirmed in the second quarter and
another positive EBIT of one million euros. The volume of orders at 79
million euros represents a very good basis for continuing the positive
development in the coming quarters.

PSI AG develops and integrates individual solutions, on the basis of its
own software, for energy management (electricity, gas, oil, heating,
water), cross-company production management (steel, machinery, automotive,
logistics) and infrastructure management for transport, safety and
telecommunications. PSI was founded in 1969 and employs more than 1,000
persons in the group. www.psi.de

DGAP 25.04.2007

Language: English
Issuer: PSI Aktiengesellschaft
Dircksenstraße 42-44
10178 Berlin Deutschland
Phone: +49 (0)30 2801-0
Fax: +49 (0)30 2801-1000
E-mail: ir@psi.de
www: www.psi.de
ISIN: DE0006968225
WKN: 696822
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf

End of News DGAP News-Service

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