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USU Software AG — Earnings Release 2007
May 23, 2007
453_rns_2007-05-23_c5ede3c3-8ba3-4f6d-b9d3-3b8c0ec5f101.html
Earnings Release
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News Details
Corporate | 23 May 2007 08:51
USU Software AG: USU presses ahead with growth as planned
USU Software AG / Quarter Results/Development of Sales
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
USU presses ahead with growth as planned
• 33.1% increase in revenues
• 77.6% increase in EBITDA
• Liquidity of EUR 9,800 k
• 15.2% increase in Group employees
• 35.2% increase in orders on hand
• Management Board confirms revenues and profit targets
Möglingen, May 23, 2007. USU Software AG and its subsidiaries increased
Group revenues year on year by 33.1% or EUR 1,882 k to EUR 7,576 k
(previous year: EUR 5,694 k) in the first quarter of 2007. This increase is
primarily the result of business with the Group’s own software products,
into which LeuTek GmbH acquired the previous year has been incorporated.
Due to expansion of product-based licensing and maintenance business as
well as an increase in consultancy revenues, the USU Group increased EBITDA
year on year by 77.6% or EUR 268 k to EUR 613 k (PY: EUR 345 k) in the
first three months of 2007. EBIT totaled EUR 320 k (PY: EUR 212 k) in the
reporting period. The USU Group achieved quarterly net income of EUR 436 k
(PY: EUR 295 k) after tax in the first quarter of 2007. Earnings per share
came to EUR 0.04 (PY: EUR 0.03) with an average number of 10,281,054 (PY:
9,081,054) shares.
As of March 31, 2007, USU increased Group liquidity by EUR 1,353 k to EUR
9,753 k compared with the figure of EUR 8,400 k for the balance sheet date
December 31, 2006. Equity totaled EUR 43,079 k (December 31, 2006: EUR
42,650 k). The equity ratio was 80.1% (December 31, 2006: 82.0%).
As at March 31, 2007, the USU Group employed 235 (PY: 204) staff. This
represents an increase of 15.2% on the previous year’s figure. The absolute
increase primarily resulted from the acquisition of LeuTek GmbH and
personnel increases at the Group subsidiary USU AG.
Orders on hand throughout the USU Group totaled EUR 10,093 k (PY: EUR 7,464
k) at the end of the first quarter in 2007, and were thus EUR 2,629 k or
35.2% above the previous year’s figure.
According to the Board of Management’s plans, the USU Group is set to
achieve Group revenues of between EUR 32,000 k and EUR 33,000 k in the
current year as part of the Group’s strategic realignment on the growth
market of Business Service Management and the resulting stronger
international presence, thereby growing much more dramatically than the
market average. The Board of Management mainly plans to significantly
expand product business sales, driven by an increase in licensing and
maintenance income, in the stronger second half of the year. By
systematically further developing and expanding its product portfolio while
also expanding its national and international marketing and partner
activities, the company plans to gain market share. After the positive
performance in the first quarter of 2007, the Board of Management
reiterates its target forecast to increase the USU Group’s EBITDA to over
EUR 4,000 k in 2007 as a whole.
This press release is available at http://www.usu-software.de.
USU Software AG. The Knowledge Business Company
The USU Software AG (DE000A0BVU28) offers with its company network
appliances, products and consulting all about Knowledge Business, aligned
for the future.
For example Valuemation. Our clients obtain a broad and complete overview
over their IT processes, IT infrastructure and are able to display their IT
costs transparently, to account and control actively. More than 500 clients
administrate with this product group more than 30 million IT assets.
For example KnowledgeMiner. As an integrated research and navigation system
or portal solution, we activate the complete knowledge of a single
organisation with this technology. Call and service centres solve more than
ten thousand individual problems and requests day for day, using the
technology. Departments like quality assurance, production or distribution
fasten their core processes and improve their quality.
The ability to form branch know how, competence of technology and user
demands to an integrated software system, has been convincing clients for
more than two decades in all fields of the German economy. The USU Software
AG is listed in the Prime Standard of the Frankfurt stock exchange as well
as the Gate-M of the Stuttgart stock exchange.
USU Software AG
Investor Relations
Falk Sorge
Tel.: +49 71 41 - 48 67 351
Fax: +49 71 41 - 48 67 108
E-Mail: [email protected]
USU Software AG
Corporate Communications
Dr. Thomas Gerick
Tel.: +49 71 41 - 48 67 440
Fax: +49 71 41 - 48 67 909
E-Mail: [email protected]
DGAP 23.05.2007
Language: English
Issuer: USU Software AG
Spitalhof
71696 Möglingen Deutschland
Phone: +49 (0)7141 4867-0
Fax: +49 (0)7141 4867-108
E-mail: [email protected]
www: www.usu-software.de
ISIN: DE000A0BVU28, DE000A0LR7T6, DE000A0LR4U4, DE000A0LR7V2
WKN: A0BVU2, A0LR7T,A0LR4U,A0LR7V
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard), Stuttgart;
Freiverkehr in Berlin-Bremen, München, Hamburg, Düsseldorf
End of News DGAP News-Service