Realtech AG

Earnings Release • Jul 26, 2007

News Details

Ad-hoc | 26 July 2007 04:00

REALTECH AG: Provisional half-year and quarterly figures for 2007

REALTECH AG / 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.

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• Revenue EUR 29.7 million – up 14%
• Software business grows 12%
• Consulting revenue up 15%
• EBIT and net income more than doubled
• Forecasts for 2007 as a whole increased

Walldorf, July 26, 2007. REALTECH AG’s revenue increased in the 1st half of
2007 by 14% to EUR 29.7 million (1st half of 2006: EUR 26.0 million). This
included a 12% increase in software revenue to EUR 5.9 million (EUR 5.3
million) and a 15% increase in consulting revenue to EUR 23.8 million (EUR
20.7 million).

EBITDA (earnings before interest, taxes, depreciation, and amortization)
increased to EUR 2.7 million (EUR 1.7 million) while EBIT climbed to EUR
2.3 million (EUR 1.1 million).

Net income doubled to reach EUR 1.3 million (EUR 0.6 million), while
earnings per share were EUR 0.24 (EUR 0.11). The company recorded a cash
flow of EUR 1.7 million (EUR 1.1 million). As a result of the dividend
distributed in the 2nd quarter, net cash and cash equivalents at the end of
June 2007 stood at EUR 27.1 million, compared to EUR 28.0 million at the
end of 2006 and EUR 26.7 million at the end of last June.

2nd quarter of 2007:
Revenue increased 20% to EUR 15.5 million (2nd quarter of 2006: EUR 12.9
million). Software revenue increased by 14% to EUR 3.1 million (EUR 2.7
million). At EUR 12.4 million, consulting revenue was 21% up on the
previous year’s figure (EUR 10.2 million).

EBITDA and EBIT were both improved, to EUR 1.7 million (EUR 0.9 million)
and EUR 1.5 million (EUR 0.7 million) respectively. Net income increased to
EUR 0.9 million (EUR 0.5 million), corresponding to earnings per share of
EUR 0.18 (EUR 0.10).

Based on these good half-year results, the Executive Board has increased
its forecast for the year as a whole. REALTECH now expects its percentage
revenue increase in 2007 to be on a similar scale to that in the first six
months. As for EBIT, the company anticipates a percentage increase in the
high double-digit range.

The report on the 2nd quarter of 2007 will be published on August 2, 2007.

Contact person:
Volker Hensel
Investor Relations
REALTECH AG
Industriestraße 39c
D - 69190 Walldorf
Tel.: +49 6227 837 500
Fax: +49 6227 837 9134
DGAP 26.07.2007

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Language: English
Issuer: REALTECH AG
Industriestraße 39c
69190 Walldorf Deutschland
Phone: +49 (0)6227 837-500
Fax: +49 (0)6227 837 9134
E-mail: investors@realtech.com
Internet: www.realtech.com
ISIN: DE0007008906
WKN: 700890
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf

End of News DGAP News-Service

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