itelligence AG presents figures for the first nine months of 2012

Bielefeld, (PresseBox) - .
- Revenues up 21.9% from MEUR 239.9 to MEUR 292.5
- EBIT rises by 12.5% to MEUR 12.6
- Orders on hand increase by 20.6% to MEUR 278.7
- Outsourcing & Services with strong revenue growth of 40.4%

With its results for the third quarter, itelligence AG is continuing its positive development in fiscal 2012. Revenues rose by 15.7% in the third quarter, from MEUR 86.4 to MEUR 100.0, meaning that revenues for the first nine months of the year climbed by 21.9%, from MEUR 239.9 to MEUR 292.5. Orders on hand also increased by 20.6% year-on-year to MEUR 278.7 at the end of the first nine months of 2012 (previous year: MEUR 231.0).

itelligence AG recorded significant growth in all areas in the first nine months of 2012. Consulting revenues improved by 11.7%, from MEUR 137.2 to MEUR 153.2, while revenues in the Licenses division increased by 17.3% to MEUR 23.7 after MEUR 20.2 in the same period of the previous year. Outsourcing & Services enjoyed particularly strong revenue growth of 40.4%, from MEUR 82.0 to MEUR 115.1. itelligence recorded substantial organic growth of 20.9% and external growth of 1.0% as a result of acquisitions.

Earnings before interest and taxes (EBIT) increased by 12.5% in the first nine months of the year, from MEUR 11.2 to MEUR 12.6. The EBIT margin amounted to 4.3% in the first nine months as against 4.7% in the previous year. In the third quarter, EBIT amounted to MEUR 4.2 after MEUR 4.8 in the previous year, meaning that the EBIT margin for the third quarter was 4.2% compared with 5.6% in the previous year. All in all, EBIT was impacted by non-recurring acquisition expenses of MEUR 0.9 in the first nine months of 2012 (previous year: MEUR 1.0).

In light of this continued positive development, the Management Board is confirming its raised guidance for fiscal 2012 as published at the end of the first half of the year, with revenues of MEUR 400-420 and an EBIT margin of between 6.2% and 6.4% (before acquisition expenses).

Further details will be published along with the Quarterly Report 3/2012 on October 23, 2012.

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