PSI Software SE

Earnings Release • Oct 8, 2008

News Details

Corporate | 8 October 2008 11:40

PSI Increases Volume of New Orders by 32 % in 3rd Quarter

PSI Aktiengesellschaft / Quarter Results

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PSI Increases Volume of New Orders by 32 % in 3rd Quarter
- Increased rationalization investments by PSI customers
- EBIT increases by 100 % to 1.4 million euros in 3rd quarter

The PSI Group increased its volume of new orders in the 3rd quarter of 2008
by 32 % to 41 million euros (2nd quarter 2007: 31 million euros) compared
to the previous year. The EBIT in the 3rd quarter 2008 increased by 100 %
to about 1.4 million euros (3rd quarter 2007: 0.7 million euros). In the
first nine months of the year the new orders were increased by 16 % to 119
million euros (1 Jan. - 30 Sept. 2007: 103 million euros). The EBIT in the
first nine months of 2008 is, at about 4.1 million euros, almost 60 % above
the value of the previous year (1 Jan. - 30 Sept. 2007: 2.6 million euros).
Liquid funds on 30 September 2008 were at 20.8 million euros.

The increase in the volume of new orders was attained by all the PSI
business units. PSI customers in Europe and the eastern growth markets have
very strong cash flows and are increasingly investing in the
rationalisation of their core business processes in production and energy
distribution.

PSI’s current volume of new orders (not including maintenance) has a range
of about 10 months; in addition, the Group has begun the 4th quarter with a
well-filled sales pipeline. The management therefore expects a continuation
of the growth and results dynamics and assumes that the EBIT prognosis from
the middle of September for 6 million euros will be achieved or exceeded.
PSI plans to publish the detailed report for the 3rd quarter on 28 October
2008.

PSI AG develops and integrates individual solutions, on the basis of its
own software, for the management of energy networks (electricity, gas, oil,
heat, water), cross-company production management (steel, mechanical
engineering, automotive, logistics) and infrastructure management for
telecommunications, transport and safety. PSI was founded in 1969 and
currently employs 1,100 persons in the group. www.psi.de

PSI AG
Karsten Pierschke
Communications and Investor Relations
Dircksenstrasse 42-44
10178 Berlin, Germany

Tel. +49 30 2801-2727
Fax +49 30 2801-1000
E-mail: KPierschke@psi.de

08.10.2008 Financial News transmitted by DGAP

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
Internet: www.psi.de
ISIN: DE0006968225
WKN: 696822
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf

End of News DGAP News-Service

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