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Softing AG — Earnings Release 2014
Oct 13, 2014
405_rns_2014-10-13_6c352e2a-a5aa-462b-a5f9-f29dd1cbe4b2.html
Earnings Release
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News Details
Corporate | 13 October 2014 18:05
Softing AG: Preliminary numbers Q3-2014 – Strong start into the 2nd half of the year
Softing AG / Key word(s): Preliminary Results
13.10.2014 / 18:05
In the first nine months of the year, sales rose by approx. 35% to EUR 53 million (previous year: EUR 38 million). EBIT grew to EUR 4.5 million (previous year: EUR 4.2 million). EPS for the first three quarters is EUR 0.44 (previous year: EUR 0.46) and such slightly below the previous year due to the capital increase earlier this year.
In the third quarter, sales rose by more than 50% to EUR 19.6 million (previous year: EUR 12.8 million). EBIT more than doubled to EUR 2.5 million (previous year: EUR 1.1 million). The EPS in Q3 amounted to EUR 0.23 (previous year: EUR 0.12).
In the first 9 months of 2014 the new acquisitions contributed approx. EUR 13 million in sales and EUR 1.6 million in EBIT.
Softing confirms a 2014 (full year) forecast of more than EUR 70 million in sales and an EBIT between 5.5 and 6.5 million.
The complete Quarterly Report 3/2014 with the final numbers can be downloaded from the investor relations section at www.softing.com from November 14, 2014.
About Softing AG
Softing is a global management holding company. The companies of the Softing Group produce and market hardware and software for in the industrial automation and automotive electronics segments. They develop high-quality standard technology products and customized solutions in close cooperation with their customers. Both of Softing’s business segments operate in growth markets. Softing aims at achieving sustainable profitability with double-digit sales growth annually.
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| Language: | English |
| Company: | Softing AG |
| Richard-Reitzner-Allee 6 | |
| 85540 Haar | |
| Germany | |
| Phone: | +49 (0)89 456 56-333 |
| Fax: | +49 (0)89 456 56-399 |
| E-mail: | [email protected] |
| Internet: | www.softing.com |
| ISIN: | DE0005178008 |
| WKN: | 517800 |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart |
| End of News | DGAP News-Service |
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