CIMdata PLM Industry Summary Online Archive
October 27, 2004
Financial News
CENIT with significant profit in the past 9 months EBIT improved by 67 % and amounted to EUR 6.55 million
It is clear from 9-months figures presented here that CENIT will surpass its business targets for 2005. The positive business developments at CENIT were driven by growth in our three core business areas of Product Lifecycle Management, Enterprise Content Management und Outsourcing Solutions. Sales of our own CENIT software solutions continue to develop positively.
Consolidated sales increased by 7 percent to EUR 54.51 million (2004: EUR 50.95 million). Consolidated gross income reached EUR 38.77 million (2004: EUR 34.32 million/13 %). Group EBITDA rose by 61 percent to EUR 7.13 million (2004: EUR 4.43 million). Group EBIT improved by 2.62 million EUR and amounted to EUR 6.55 million (2004:EUR 3.93 million/67%), while Group EBT was EUR 6.43 million (2004: EUR 3.98 million/62%). Group basic EPS were EUR 1.10 (2004: EUR 0.71 / 55%).
Group cash flow from operating activities totalled EUR 6,24 million (2004: EUR 4.05 million) The Group's total assets amounted to EUR 31.07 million (2004: EUR 28.47 million). The equity ratio improved from 49 percent to 55.7 percent. At the end of the period under review, equity was EUR 17.3 million (31 December 2004: EUR 13.9 million). Cash and cash equivalents increased from the previous year's level of EUR 14.7 million to EUR 17.3 million.
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