CIMdata PLM Industry Summary Online Archive
13 February 2007
Financial News
CENIT Increases Sales and Earnings in 2006
According to provisional uncertified figures CENIT increased sales by 11% up to 82.2 million € (2005: 74.3 million €). Gross profit improved by 13% up to 59.1 million € (2005: 52.1 million €). EBITDA is 11.2 million € (2005: 10.2 million €/10%). Earnings before interest and taxes (EBIT) climbed from 9.4 million € in 2005 by 9% to e.g. 10.3 million € in the reporting period. EBT is 10,0 million € (2005: 9.0 million €/11%). The earnings per share (EPS) is 1,0 € (2005: 0,81 €) and has a positive stake in.
The sales of CENIT software increased by 47% up to 11.2 million €. So that meanwhile 14% of the total turnover is achieved with CENIT-own software. Previous year the sales were 7.7 million € which was about 10% of the total turnover. The external software sales also rose by 13% up to 9.4 million € (2005: 8.3 million €). The revenue in the service sector climbed once again by 9% up to now 46.6 million € (2005: 42.8 million €). Hardware sales declined by 3% to 15 million € (2005: 15.5 million €).
CENIT's goal to increase the number of staff by 10% in 2006 was reached as well. So that the number of staff rose from 523 up to now 576 across the group.
The Executive Board and the Supervisory Board will propose the distribution of a dividend of 50 cents (2005: 45 Cent) per share at this year's Shareholders' Meeting.
Outlook
CENIT has set the aim to increase the share of own software in the total turnover on 20 to 30 percent in the next 2-3 years. The rising significance of CENIT-own software will be pushed with a consistent global market orientation and the development of our sales activities for CENIT software together with SAP and Dassault Systèmes, first of all in the USA. Especially the world-wide sales cooperation for the FileNet System Monitoring solution will affect our business positively. The Executive Board assumes that in 2007 and 2008 all business segments will contribute significantly to ameliorate the Group's operative performance. In 2007 and 2008 we expect a group turnover in line with the market growth. CENIT intends to increase the number of staff again by 10% in 2007. If the positive trend of market should endure in 2008 a further engagement of personnel is intended.
Certified results and figures of the financial year 2006 will be announced on occasion of our press conference on financial statements at March 27, 2007.
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