InVision Software AG surpasses 2010 forecast
- Revenues rise by 34 percent to EUR 16 million according to preliminary figures
- EBIT up to more than EUR 1 million
- Positive start to 2011
InVision Software AG (ISIN: DE0005859698) one of the world's leading providers of enterprise-wide workforce management solutions, has surpassed its 2010 forecast according to preliminary figures. Revenues rose by 34 % to EUR 16 million, exceeding the record figures in 2007. In the previous year, revenues came to EUR 12 million.
With positive EBIT of more than EUR 1 million, InVision Software returned to positive figures compared to EBIT of EUR -7 million the year before. InVision Software's 2010 forecast anticipated revenues of EUR 15.0 million and EBIT of EUR 1.0 million.
All business units contributed to this positive development. Licence revenues alone went up by almost 50% to EUR 7 million in 2010. Revenues from call centres rose by 32%, while revenues in other industries went up by 37%. Business in the German-speaking regions increased by 42% and international revenues were up 27%. Liquid funds went up by 26 % to EUR 5.7 million by the end of the year compared to EUR 4.5 million in 2009.
After business developed very dynamically in 2010, InVision Software started sucessfully into 2011, and the first quarter of 2011 is now also expected to be strong. InVision Software will announce its 2011 outlook at the same time as publishing the final figures for 2010 on 31 March 2011, when the complete Annual Report 2010 will be made available for download on the company's website at www.invisionwfm.com/financial_reports.
InVision Software is a world-leading supplier of enterprise-wide workforce management solutions which enable companies to optimise their staff planning and scheduling processes.
InVision empowers customers to reduce personnel costs, increase productivity, improve employee satisfaction and to boost revenue by leveraging better customer service. Founded in 1995 and based in Ratingen (Germany), InVision currently employs around 170 WFM specialists and has offices across Europe, North America, and South Africa. InVision Software AG (IVX) is listed in the Prime Standard Segment of the Frankfurt Stock Exchange.
Among InVision's clients are numerous international blue chip companies, such as ABN Amro, Allianz, BMW, Deutsche Telekom, IKEA, Sky and Vodafone.
For more information please go to www.invisionwfm.com