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secunet Security Networks AG
Earnings Release • May 2, 2019
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Earnings Release
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News Details
Ad-hoc | 2 May 2019 14:23
secunet Security Networks AG: forecast raised for the 2019 financial year
secunet Security Networks AG / Key word(s): Change in Forecast
secunet Security Networks AG: forecast raised for the 2019 financial year
02-May-2019 / 14:23 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Inside Information according to Article 17 MAR
secunet Security Networks AG: forecast raised for the 2019 financial year
[Essen / Germany, 2 May 2019] The Management Board of secunet Security Networks AG (ISIN DE0007276503, WKN 727650) is raising its forecast for the 2019 financial year.
The background to this is the considerable increase in sales revenues in the first quarter of 2019 and the positive outlook for the financial year as a whole. Sales revenues of secunet Group grew strongly by 49% in the first quarter of 2019 from 27.2 million euros in the previous year to 40.4 million euros. At 84.4 million euros, secunet Group’s order book in accordance with IFRS was also significantly higher as at 31 March 2019 than the figure on the previous year’s reporting date (60.4 million euros).
On this basis, the Management Board of secunet Security Networks AG is raising its forecast for secunet Group to sales revenues of around 190 million euros and earnings before interest and taxes (EBIT) of around 30 million euros (2018 financial year: sales revenues 163.3 million euros, EBIT 26.9 million euros). Until now, the company was anticipating a slight increase in sales revenues and an EBIT margin slightly below the previous year’s level.
Contact:
secunet Security Networks AG
Investor Relations
Dr Kay Rathke
Phone +49 201 5454 1221
Email [email protected]
secunet Security Networks AG
Kurfürstenstraße 58
45138 Essen, Germany
ISIN: DE0007276503
WKN: 727650
Listed: Regulated market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin-Bremen, Düsseldorf, Hamburg, Hanover, Munich and Stuttgart Trade Gate Exchange
End of announcement
Contact
Dr. Kay Rathke
Head of Investor Relations
Patrick Franitza
Press Officer
secunet Security Networks AG
Kurfürstenstraße 58
45138 Essen, Germany
Tel.: +49 201 5454-1234
Fax: +49 201 5454-1235
Email: [email protected]
About secunet
secunet is one of the leading German providers of high-quality IT security. Over 500 experts work in the areas of cryptography, e-government, business security and automotive security, and develop innovative products in these fields in addition to highly secure and reliable solutions. secunet has more than 500 national and international customers, including many DAX companies, public authorities and organisations. The company is an IT security partner to the Federal Republic of Germany and a partner of the German Alliance for Cyber Security.
secunet was founded in 1997 and achieved revenues of 163.3 million euros in 2018. secunet Security Networks AG is listed on the Prime Standard of the German Stock Exchange.
Further information can be found at www.secunet.com .
Disclaimer
This press release contains predictive statements. Predictive statements are statements that do not describe facts of the past; they also include statements regarding our assumptions and expectations. Any statement in this press release that conveys our intentions, assumptions, expectations or predictions (and the assumptions on which they are based) is a predictive statement. These statements are based on planning, estimates and forecasts that are currently available to the management of secunet Security Networks AG. Predictive statements therefore only apply to the day on which they were made. We assume no obligation to update such statements with regard to new information or future events.
02-May-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | secunet Security Networks AG |
| Kurfürstenstr. 58 | |
| 45138 Essen | |
| Germany | |
| Phone: | +49 (0)201 – 5454 – 1227 |
| Fax: | +49 (0)201 – 5454 – 1228 |
| E-mail: | [email protected] |
| Internet: | www.secunet.com |
| ISIN: | DE0007276503 |
| WKN: | 727650 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 806517 |
| End of Announcement | DGAP News Service |