CIMdata PLM Industry Summary Online Archive

February 2007

Financial News

SEAL Systems Annual Yield 2006; Turnover Exceeds 10 Mio. €

For the 2006 business year SEAL Systems announces a boost in sales. The consolidated sales revenue increased from 9.3 to 10.1 Mio. €.

The share of the foreign business sales revenue has increased to 25 per cent. Business in North America has developed particularly well and slightly missed the mark of 1 Mio. €.

In Germany the number of incoming orders was rather diminished during the first three quarters of 2006. However, by the end of the year the level of the previous year was reached.

The majority of sales were in the Document Output Management solutions for large and middle-sized enterprises as well as integration components for mySAP® PLM and other SAP® modules. New product lines like Direct Publishing, PDF/A tools and tools for SAP Records Management have quadrupled the incoming revenue.

Company speaker Reinhold Müller-Meernach comments on the business results: "This year we could hit all our targets concerning sales and incoming orders. We are glad, that we could break the 10 Mio. € limit. For the past three years we have been working on this goal. SEAL Systems customer's decisions have helped us to reach this goal. All of our employees can be proud on this success.

We will continue our strategy for expanding international business. Our solutions are demanded in all industrialized countries. Also our customers in Germany are continuously expanding in international markets. SEAL Systems is going right along with them."

Senior officer Angela Strauß draws a positive balance: "The target is to be the first choice for our customers. We have attained this goal. The backlog of orders has slightly increased compared with last year and guarantees by mere calculation the capacity utilization of our employees for five month. Furthermore we are mastering costs. Therefore also this year we are satisfied with the company's operating result."

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