Ad hoc: PC-WARE Information Technologies AG: PC-WARE - Preliminary results 2008/9: strong growth in challenging
times
PC-WARE Information Technologies AG / Annual accounts / Ad hoc:
PC-WARE - Preliminary results 2008/9: strong growth in challenging
times
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PC-WARE - Preliminary results 2008/9: strong growth in challenging
times
- Business volume: EUR 1,133.6 million (+16.3% y.o.y.)
- Revenue: EUR 890.3 million (+14.7% y.o.y.)
- Gross profit: EUR 141.5 million (+15.8% y.o.y.)
- Gross profit margin: 15.9% (prev. year: 15.7%)
- EBITDA: EUR 18.2 million (+6.2% y.o.y.)
- EBT: EUR 12.1 million (-3.7% y.o.y.)'
- Net profit for the period: EUR 8.7 million (+0.4% y.o.y.)
Leipzig, 12 June 2009- PC-WARE, one of Europe's leading ICT solution
providers, succeeded in maintaining its growth momentum during the
2008/9 financial year. Operating within a recessionary environment,
preliminary figures point to significant growth in Group revenue by
14.7% to EUR 890.3 million. The trend towards a higher proportion of
Microsoft Enterprise Agreements - a type of contractual agreement
that contributes to the overall volume of business but does not
involve revenues being recognised and reported by the Group -
continued, as a result of which PC-WARE recorded business volume of
around EUR 1.1 billion (+16.3% y.o.y.) and thus succeeded in further
extending its strong market position in Europe.
Growth was driven by both business segments during the 2008/9
financial year, with "Value Business" expanding at a more pronounced
rate of 31.2%. Buoyed in particular by software licensing business,
the "Volume Business" segment also developed well and grew by 10.6%.
Gross profit rose slightly faster in relation to revenue by 15.8% to
EUR 141.5 million, while EBITDA grew at a slightly slower rate of
6.2% to EUR 18.2 million. It thus lies within the range targeted at
the beginning of the financial year.
As regards earnings before interest and taxes (EBIT), the Group
recorded growth of 3.3% year on year to EUR 12.9 million. Earnings
before taxes (EBT) contracted slightly by 3.7% to EUR 12.1 million.
Net profit (after minority interests) for the 2008/9 financial year
stood at EUR 8.7 million, up 0.4% on last year's figure of EUR 8.6
million.
In line with the policy of maintaining consistent dividends, the
Management Board of PC-WARE plans to propose to the Supervisory Board
a dividend payment of EUR 0.65 per share (based on the current status
of year-end reporting).
The definitive results and the audited consolidated financial
statements will be presented by the Management Board on 30 June 2009
at a press conference and analysts' meeting to be held in
Leipzig/Germany. The documents will be published on the corporate
website.
Contact:
Investor Relations
Dr. Ingmar Ackermann
PC-Ware Information Technologies AG
Blochstrasse 1
04329 Leipzig
Tel. +49 (0)341 25 68-148
ir@pc-ware.com
WKN: 691090; ISIN: DE0006910904; Index: CDAX, Prime All Share, TECH
All Share, GEX; Listed: Regulated Market of the Frankfurt Securities
Exchange, Prime Standard of the Frankfurt Securities Exchange,
Regulated Unofficial Market (Freiverkehr) of the Berlin Bremen
Exchange, Regulated Unofficial Market (Freiverkehr) of the Düsseldorf
Exchange, Regulated Unofficial Market (Freiverkehr) of the Stock
Exchange of Lower Saxony Hanover, Regulated Unofficial Market
(Freiverkehr) of the Stuttgart Exchange; http://www.pc-ware.com
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PC-WARE Information Technologies AG
Blochstr. 1 Leipzig
Germany
WKN: 691090; ISIN: DE0006910904; Index: CDAX, Prime All Share, TECH
All Share, GEX;
Listed: Prime Standard in Frankfurter Wertpapierbörse, Freiverkehr in
Börse Berlin,
Freiverkehr in Börse Düsseldorf, Freiverkehr in Börse Stuttgart,
Freiverkehr in Bayerische Börse München, Open Market in Frankfurter
Wertpapierbörse,
Regulierter Markt in Frankfurter Wertpapierbörse;