Ad hoc announcement
Ad hoc announcement § 15 WpHG
secunet Security Networks AG: Quarterly results for Q1-2014 fall below expectations
[Essen, 10 April 2014] In the first quarter of 2014, secunet Security Networks AG generated revenue in the amount of Euro 13.8m and earnings before interest and taxes (EBIT) of Euro –1.3m, according to provisional calculations. The revenue deviated by –2% from the previous year's value (Euro 14.1m) and falls within the range of seasonal fluctuations that are quite normal in the annual business cycle of secunet Security Networks AG. The EBIT differs by Euro –1.1m from the previous year's value (Euro –0.2m) and from the expectations of the capital market. This negative difference was essentially caused by lower product sales, partly as a result of the provisional budget management of the federal government, and was also due to higher expenses in the areas of Sales and Product Management, which were invested in the penetration of new markets.
Although the quarterly result is assessed as unsatisfactory, the Management Board of secunet Security Networks AG is standing by its forecast for the full year 2014.
Contact:
secunet Security Networks AG
Investor Relations
Dr. Kay Rathke
Tel +49 201 5454 1221
E-Mail:
secunet Security Networks AG
Kronprinzenstrasse 30
45128 Essen/Germany
ISIN: DE0007276503
WKN: 727650
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart
End of ad hoc announcement
Contact
Dr. Kay Rathke
Head of Investor Relations
Christine Skropke
Spokesperson
Patrick Franitza
Press Relations Officer
secunet Security Networks AG
Kronprinzenstrasse 30
45128 Essen/Germany
Phone +49 201 54 54-1234
Fax +49 201 54 54-1235
E-mail:
http://www.secunet.com
About secunet
secunet is one of the leading German providers of high-quality IT security. Over 300 experts work in the areas of cryptography, e-government, business security and automotive security, and develop innovative products in these fields in addition to highly secure and reliable solutions. Many DAX companies as well as numerous authorities and organisations are among secunet's national and international customers, which total over 500. secunet is IT security partner of the Federal Republic of Germany and partner in the Alliance for Cyber Security.
secunet was founded in 1997 and achieved sales of EUR 63.9 million in 2013. secunet Security Networks AG is listed on the Prime Standard of the German Stock Exchange
Additional data is available from www.secunet.com
Disclaimer
This press release contains prospective statements. Prospective statements are statements which do not describe actual facts from the past; they also comprise of statements about our suppositions and expectations. Every statement in this press release which reflects our intentions, suppositions, expectations or forecasts (together with the suppositions which give rise to such views) constitutes a prospective statement. These statements refer to plans, estimates and forecasts which the management of secunet Security Networks AG currently dispose of. Thus prospective statements only refer to the day on which they were made. We shall accept no obligation to further develop such statements in the light of new information or future results.
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